Botswana Launches New Wealth Fund to Drive Diversification, Create Jobs

Botswana launches new wealth fund to drive diversification, create jobs

Botswana has set up a new sovereign wealth fund to drive economic diversification, create jobs and manage state companies, officials said on Wednesday.

Botswana launches new wealth fund to drive diversification and create jobs – YourBotswana

11 September 2025 Botswana has set up a new sovereign wealth fund to drive economic diversification, create jobs and manage…

Botswana launches new wealth fund to drive diversification and create jobs - Zimbabwe News Now

GABORONE, Botswana – Botswana has set up a new sovereign wealth fund to drive economic diversification, create jobs and manage state companies, officials said on Wednesday. Botswana, long viewed as an African economic success story, is in a slump because of a prolonged downturn in the global market for diamonds, its key export. It has had a sovereign wealth fund called the Pula Fund, for more than three decades, which it has used to preserve par…

Botswana Launches Sovereign Wealth Fund To Drive Growth

Botswana has officially unveiled a new sovereign wealth fund designed to boost economic diversification, create jobs, and strengthen the management of state companies, government officials confirmed on Wednesday. The move comes at a difficult time for the Southern African nation, which has long been considered an African economic success story but is now facing the impact of a prolonged slump in the global diamond market, its main export. For mo…