AGP Executive Report

Capital Markets: Botswana has been chosen as the Southern African trading hub for Dangote Refinery shares, with Access Bank Botswana issuing depositary receipts and a target of raising $500 million locally. The IPO deadline has been extended to October 27. China Ties: President Duma Boko’s state visit elevated relations with China to a comprehensive strategic cooperative partnership, with both sides seeking closer cooperation in trade, mining, digital technology, agriculture and education. Diamonds: Botswana is nearing an agreement with the Global Diamond Consortium on ownership stakes in De Beers; its share could rise from 15% to about 25%, though talks are ongoing. Connectivity: A P34.5 million project by the Universal Access and Service Fund and Orange Botswana has added mobile coverage along the Trans-Kalahari Highway.

China Ties: President Duma Boko and Xi Jinping upgraded relations to a comprehensive strategic cooperative partnership, with agreements spanning mining, trade, digital cooperation, health and education. Xi said African resources should benefit Africans. Investment: Botswana will host southern Africa’s trading of Dangote refinery shares, with up to $500 million expected through local depositary receipts. Connectivity: Orange Botswana and the Universal Access and Service Fund have completed 12 broadband and voice sites along the Trans-Kalahari Highway, a P34.5 million project targeting coverage gaps. Markets: Botswana slipped two places to seventh in the 2026 Africa Financial Markets Index, despite broad gains across the continent. Accountability: Pressure is mounting on the DCEC and DPP to turn corruption cases into convictions. Football: Botswana’s women were knocked out of the 2028 Olympic qualifiers after Tanzania won 6-0 in the second leg, taking the tie 7-0 on aggregate.

China Partnership: President Duma Boko and Xi Jinping elevated Botswana-China ties to a comprehensive strategic cooperative partnership during talks in Beijing. The countries cited opportunities in digital technology, agriculture, education and trade, while Xi said African resources should benefit Africans and called for more local value addition. De Beers: Botswana is nearing an agreement with the preferred buyer of De Beers that could raise its stake from 15% to about 25%, though talks are ongoing. Football: Botswana’s Mares were knocked out of the Los Angeles 2028 Olympic qualifiers after Tanzania won the return leg 6-0, taking the tie 7-0 on aggregate. Baseball5: Kenya beat hosts Botswana 19-0 at a regional tournament, with the Kenyan coach hoping the team carries its form to the Dakar Youth Olympics. Creative Economy: Gaborone is set to host ACEL 2026 on October 15–16, bringing more than 200 participants together to discuss investment, policy and infrastructure for Africa’s creative industries.

China Ties: President Duma Boko met Xi Jinping in Beijing during his state visit, with the two countries signing cooperation documents as they look to deepen economic links. Fuel Security: Botswana received its first 20-million-litre diesel shipment from Oman’s OQ Trading, delivered through Mozambique’s Port of Matola to diversify supply routes. Teachers’ Welfare: BOSETU is urging the government to enforce employment laws, collective agreements and court rulings, citing concerns over job security and teachers’ welfare. Innovation: Botswana improved to 82nd in the 2026 Global Innovation Index, but its outputs still lag investment: it ranks 64th for innovation inputs and 95th for outputs. Business and Exports: Trade Minister Tiroeaone Ntsima urged local firms to test and improve products at home before expanding into export markets. Sport: Botswana and Lesotho’s badminton associations signed a pact for an annual regional tournament to give young players and officials more competition and experience.

Fuel Security: Botswana Oil received its first 20-million-litre diesel shipment from Oman’s OQ Trading, delivered through Mozambique’s Port of Matola and opening an alternative supply route. Export Drive: Trade Minister Tiroeaone Ntsima urged businesses to use Botswana’s domestic market to test and improve products before pursuing export orders. Economic Recovery: The economy grew 8.7% in the second quarter, its fastest pace in nearly five years, as diamond output rebounded sharply; the recovery also highlights Botswana’s continued reliance on the sector. Banking: BBS Bank’s half-year loss widened to P71.5 million, with management citing investment in digital services and its transformation. Rural Connectivity: A P34.5-million broadband project has delivered 12 mobile coverage sites along the Trans-Kalahari Highway, with further network sharing planned. Public Service: NALCGPWU has asked the High Court to halt the government’s voluntary separation programme for its members until it negotiates with the union.

China Visit: President Duma Boko began a state visit to China, seeking deeper cooperation in trade, digital technology, renewable energy and mineral beneficiation, with the aim of expanding Botswana’s manufacturing base. Public Finances: Moody’s expects Botswana to record one of sub-Saharan Africa’s sharpest increases in government debt, even as the agency turns more positive on the region overall. Civil Service Dispute: A public-sector union has asked the High Court to rule that government’s voluntary separation programme must be negotiated with unions, arguing it bypasses an existing exit policy. Regional Trade: Botswana, Namibia and South Africa have pledged to attract investment along the Trans-Kalahari Corridor and strengthen cross-border trade links. Community and Sport: Construction has begun on a FIFA Arena football pitch in Molepolole, intended as a safe space for more than 2,000 young people; meanwhile, three self-funded Tang Soo Do athletes won five medals at a regional championship.

Regional Trade: Botswana, Namibia and South Africa have pledged to boost investment and jobs along the Trans-Kalahari Corridor, with commitments signed in Jwaneng. China Visit: President Duma Boko begins a state visit to China today, seeking deeper cooperation in trade, digital technology, renewable energy and manufacturing. Wildlife: A major cheetah census warns that fences, development and conflict with farmers threaten animals that roam across Botswana and neighbouring countries. Economic Pressures: Botswana’s 8.7% growth in the second quarter was driven largely by a mining rebound, while household consumption fell 7.3% and manufacturing contracted.

China Visit: President Duma Boko is due in China from October 12 to 17 for his first state visit there as president. Talks are expected to deepen cooperation in trade, investment and people-to-people exchanges, building on projects in water, energy, mining and digital infrastructure. Economic Shift: Botswana’s past growth leaned heavily on diamonds; as production stabilises, the country needs new engines of growth. The Botswana Development Corporation has returned to profit, reporting P20.5 million after tax for the year to June, reversing a P167.7 million loss. Wildlife and Farming: Plans to relocate surplus elephants are stalling over transport costs, while Botswana, Namibia and South Africa are coordinating on foot-and-mouth disease, which has disrupted livestock trade. Culture: Master weaver Shakunona Parata brought Okavango basketry to Venice, presenting a sculptural work with Mabeo Studio at the Homo Faber craftsmanship biennial.

China Visit: President Duma Boko travels to China from October 12–17 for talks with President Xi Jinping, in his first visit there since taking office. Beijing says the trip aims to deepen the countries’ strategic partnership. US Visa Services: Gaborone is among 25 African missions whose routine US visa processing has been shifted to regional hubs. The embassy remains open, but applicants must use the designated processing arrangements. Public Finance: Botswana Development Corporation returned to profit, posting P20.5 million after tax for the year to June, compared with a P167.7 million loss a year earlier. It cited higher income, cost cuts and lower credit charges. Wildlife: Plans to relocate surplus elephants are stalling over transport costs; Mozambique withdrew after learning it would have to cover the expense. Credit Outlook: Moody’s has turned positive on sub-Saharan Africa, while noting Botswana and Mauritius are the region’s only investment-grade sovereigns. Botswana’s debt is projected to rise sharply amid weak diamond demand. Livestock: South Africa says cooperation with Botswana and Namibia is vital to tackling foot-and-mouth disease; cattle movements and meat exports remain restricted pending biosecurity agreements. Consular Affairs: Botswana is seeking the return of one citizen held in Ukraine after reportedly being recruited to fight for Russia.

China Visit: President Duma Boko will make his first state visit to China on Oct. 12–17, with talks with Xi Jinping and a visit to Fujian planned. Regional Diplomacy: Former president Mokgweetsi Masisi joined an AU panel in Kinshasa pressing for concrete steps toward peace in eastern DRC. Business: Botswana Development Corporation returned to profit, posting P20.5 million after tax for FY2026, reversing a P167.7 million loss. Football: Chiefs and Rollers meet tonight at Gaborone’s National Stadium; Chiefs are unbeaten in their last four league encounters. Livestock: Botswana, Namibia and South Africa are seeking closer cooperation to contain foot-and-mouth disease and restore trade. Repatriation: Botswana is seeking the return of one citizen held in Ukraine after fighting for Russia; African governments say some recruits were lured by false job offers. Wildlife: Plans to relocate surplus elephants remain stalled as potential recipient countries balk at transport costs.

China Visit: President Duma Boko will visit China from October 12 to 17 for talks with President Xi Jinping, in his first trip there since taking office. Football: Mochudi Centre Chiefs and Township Rollers meet at Gaborone’s National Stadium tonight, with Chiefs unbeaten in their past four league games against Rollers. Regional Ties: Botswana and Mozambique have upgraded their cooperation framework to a presidential-led Binational Commission aimed at turning agreements into practical results. Wildlife: Botswana’s elephant relocation plans face high transport costs, with Mozambique backing out; the government’s wildlife offer to Serowe remains open until the end of October. Animal Health: Botswana, Namibia and South Africa are stressing regional cooperation to tackle foot-and-mouth disease and restore livestock trade. Economy: Moody’s has turned positive on sub-Saharan Africa, but warns Botswana faces one of the region’s sharpest debt increases amid weak diamond demand and spending pressures. Repatriation: Botswana is seeking the return of one citizen captured in Ukraine while fighting for Russia; African governments say some recruits were lured by false job offers.

Diplomacy: President Duma Boko will make a state visit to China from October 12 to 17 at Xi Jinping’s invitation. Citizens Abroad: Botswana is seeking the return of one citizen captured in Ukraine while fighting for Russia; African governments say some recruits were lured by false job offers. Economy: Moody’s says Botswana remains one of only two investment-grade sovereigns in the region, but warns its debt is set to rise sharply amid weak diamond demand. Citizen Ownership: CEEC chair Lincoln Motsa says local entrepreneurs are ready to take over more retail businesses, but need better access to finance as empowerment rules are prepared. Sport and Diamonds: De Beers and the government have extended Olympic champion Letsile Tebogo’s ambassadorship into a three-year partnership promoting diamonds and Botswana’s industry. Culture: Botswana’s Rammoni has become the first Motswana appointed vice-chair of FIDAF Africa, a global dance-festival organisation.

Green Partnership: Botswana and Zimbabwe have signed a waste-management cooperation agreement, witnessed by President Duma Boko, covering technical support, knowledge-sharing and training. Labour Relations: BOFEPUSU says unions helped shape the UDC manifesto and are pressing government to honour its commitments; six public-sector unions also want allowances reviewed, with some folded into basic pay. DIS Scrutiny: The BCP is demanding answers over the reported extension of intelligence chief Peter Magosi’s contract, citing past calls for agency reform and ongoing investigations. Livestock Exports: Botswana is negotiating animal-health agreements with several countries to open new markets for farmers facing FMD restrictions. Cooperative Reform: Vice President Ndaba Gaolathe led a delegation to Kenya to study SACCO governance, digital services and financial sustainability. Economic Outlook: Moody’s has turned positive on sub-Saharan Africa, while identifying Botswana as one of only two rated countries in the region with investment-grade status.

GBV: Botswana-based musician JKeys has released a song urging men to reject violence against women and children. Diamond Diversification: BIDPA chief Gloria Somolekae says Botswana was warned 15 years ago about its reliance on diamonds and must act on expert advice. UB Vice-Chancellor David Norris says universities and innovation will be vital to building a post-diamond economy. Public Accountability: Prosecutors accuse seven people and three companies of defrauding government of P272 million through a Tutume infrastructure tender; the allegations have not been proven in court. Power & Investment: Domestic electricity generation hit a 10-year high in the second quarter, up 56.6% year on year, while imports fell 59.4%. Solar Industries has established an explosives subsidiary in Botswana, and the BSE could become a regional trading hub for a Dangote refinery investment instrument. Governance: The BCP says police arrests and questioning of two activists over Facebook comments raise concerns about freedom of expression. Sport: 400m star Collen Kebinatshipi has been nominated for World Athlete of the Year after a record-setting season.

Royal Visit: The Duke and Duchess of Gloucester are in Botswana for the country’s 60th independence anniversary and six decades of UK-Botswana ties. They visited a child-friendly centre in Gaborone with First Lady Kaone Boko and received a traditional welcome at the National Museum. Athletics: Collen Kebinatshipi is nominated for World Athletics’ Men’s Athlete of the Year after a record-breaking season, including a 43.39-second national record and six 400m runs under 44 seconds. Capital Markets: The Botswana Stock Exchange could become the central Southern African trading venue for a proposed Dangote refinery depositary receipt, pending plans by the BSE and regional exchanges. Politics: The BCP says the arrest and questioning of two activists over Facebook comments raises concerns about the government’s commitment to free expression. Business Links: Vice-President Ndaba Gaolathe visited Kenya to study its cooperative and small-business support, with talks covering finance, markets and technology. Regional Diplomacy: Former president Mokgweetsi Masisi joined an AU delegation meeting AFC/M23 leaders in eastern DRC, urging a ceasefire and safe humanitarian access.

Botswana at 60 & diplomacy: Prince Richard and the Duchess of Gloucester arrived in Botswana for a four-day visit marking 60 years of independence and six decades of UK ties, with President Duma Boko welcoming them at the Office of the President. Health & policy: Botswana is among countries that have formally nominated candidates for the next WHO boss, as China plans a late bid to fill the leadership gap after the US exit. Sports & talent: Botswana’s Collen Kebinatshipi is among the nominees for World Athletics Athlete of the Year, alongside stars like Sebastian Sawe and Agnes Ng’etich. Public health reassurance: Botswana’s water utility says there’s no link between treated water and a diarrhoea outbreak, after monitoring and testing in affected areas. Business & sustainability: BITC’s Green Mark urges local firms to adapt to global demand for responsible, environmentally responsible production. Regional spotlight: AU facilitators, including former Botswana president Mokgweetsi Masisi, met AFC/M23 leaders in Goma as talks continue over the DRC conflict.