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Botswana launches citizenship program to boost economy beyond diamonds

The program aims to attract high-net-worth investors to diversify Botswana's economy, targeting sectors like housing and tourism amid a 3% economic contraction, officials said.

  • Botswana President Duma Boko announced on Friday a citizenship-by-investment program to boost the nation's economy.
  • The program comes in response to a sustained decline in the diamond industry that led to a 3% shrinkage of Botswana’s economy last year and is expected to result in further contraction in 2025.
  • Botswana has retained investment consultancy Arton Capital and recently established a sovereign wealth fund to diversify the economy and create jobs.
  • The citizenship program aims to secure Botswana’s financial future by raising funds for housing, tourism, renewable energy, mining, and financial services.
  • This initiative reflects Botswana’s effort to reduce reliance on diamonds, which remain its largest export, amid budget constraints this year.
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12 Articles

Center

Botswana is pushing ahead with a program aimed at enabling wealthy investors to become a citizen.

·Germany
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ReutersReuters
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Center

Botswana launches citizenship program to boost economy beyond diamonds

Botswana President Duma Boko said on Friday his country will establish a citizenship-by-investment program, as the southern African country looks to diversify its economy away from its largest export, diamonds.

·United Kingdom
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Market Screener broke the news in on Friday, September 26, 2025.
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