AGP Executive Report
Last update: 8 hours agoChina Ties: President Duma Boko wrapped up a six-day state visit to China, praising its development model and saying cooperation on technology and investment could help Botswana build industries around its natural resources. The two countries have elevated relations to a comprehensive strategic partnership. Capital Markets: Botswana is a regional hub for the Dangote Refinery’s $1.6 billion share offer, which has been extended to October 27 as the Nigerian exchange courts investors across Africa. Diamond Industry: Botswana is negotiating to raise its De Beers stake to 25%; luxury groups Richemont and Signet are reportedly considering joining a consortium bid for the company. Business: Famous Brands expects weaker half-year earnings after writing down its Botswana restaurant business and plans to reduce its stake from 51% to 30%. Football: Orlando Pirates meet Namibia’s African Stars at the Botswana National Stadium in Gaborone today, with a place in the CAF Champions League group-stage qualifiers at stake. Digital Links: A regional workshop on cross-border mobile roaming and the One Africa Network is set for Gaborone from October 20–22.
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