Botswana courts Korean capital for post-diamond economy

Botswana is stepping up its drive to attract Korean capital, technology and industrial partnerships as it seeks to reduce its dependence on diamonds and build a more diversified economy.

Vice-President and Finance Minister Ndaba Gaolathe used the 8th Korea-Africa Economic Cooperation (KOAFEC) Ministerial Conference in Seoul to urge Korean companies to test Botswana’s investment proposition, highlighting opportunities in energy, manufacturing, agriculture, strategic minerals, artificial intelligence and financial services.

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