Deliberations on the development of transport infrastructure required to export coal from Botswana and the development of Botswana’s coal fields are issues expected to take centre stage at the 10th edition of Botswana Resource Sector Conference next week.
According to the 2007 Survey of Energy Resources, Botswana had 40 million tons of proven recoverable reserves.
The largest investment conference in Botswana is now getting into its tenth year and it aims to increase investment into Botswana’s Resource Sector by bringing together global and local institutions looking for investment opportunities.
Reflecting on the history of the conference, the Director of Capital Resources, Tumelo Leutlwetse, said from a humble starting point with just about 40 delegates hosted in Kasane, the conference has over the years evolved to be the preeminent indicator of activity in the resources.
Leutlwetse said the conference is underpinned by a strong commitment to facilitate interaction and discussion on key industry issues.
“The conference will attract a substantial number of significant institutional investors, including asset management firms, pension funds, hedge funds, brokers and other investment specialists,” he said.
Leutlwetse said interest in Botswana’s resource sector remains strong. “In the recent past we have seen the takeover of CIC Energy by Jindal, Aviva and African Energy recently announced a transaction in which African Energy will acquire the Mmamantswe project,” he said and added that although the conference focuses predominantly on mining and exploration companies, it has also provided a platform for suppliers of equipment and services to promote market themselves.
Local and international financial institutions use the conference to indentify investment opportunities as well as monitor developments within the resource sector.
Leutlwetse said one of the key benefits of the conference is that it provides excellent network opportunities for anyone involved with the sector or looking to get an insight into Botswana’s resources sector. The conference will take place from the 11th to 12th June 2013.