Top Stories

Tonota Eyes Mining Bonanza to Break Free from Diamond Dependence

The winds of change are blowing through the Tonota District Council (TDC) as its ambitious chairperson, Neo Sefume, unveils bold plans to unearth the region’s hidden mineral wealth and steer it away from its reliance on diamond revenues. Speaking exclusively to Mmegi, Sefume revealed that the council is actively identifying …

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Premium Resources Ignites Fast-Track Strategy for Botswana Projects

Poised for a major growth surge in Botswana, Premium Resources has unveiled a bold six-month strategy aimed at fast-tracking development across its critical metals projects. With a keen eye on production readiness, the Canadian-based explorer is turning up the heat at its flagship Selebi and Selkirk assets through intensive drilling, …

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“Can a New Deal Between State and Private Sector Deliver the Continent a Winning Hand?”

The 2025 edition of the Africa CEO Forum will gather 2,000 CEOs, investors and public sector leaders from over 75 countries in Abidjan from May 12 – 13. In a challenging global economic backdrop marked by rising protectionism, reduced development aid and high debt-serving costs, the Forum will tackle the …

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Copper Surge Eclipses Diamond Downturn, Propelling Botswana’s Export Fortunes

In a dramatic shift of fortunes, Botswana’s copper exports have surged past the P10 billion mark for the first time in history, providing a significant economic buffer amidst a slump in the diamond sector. Buoyed by robust production from new mines and soaring global prices for the red metal, copper …

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Botswana Scrambles for Power as Eskom Debt Mounts

Botswana is urgently seeking to secure a new power supply agreement with South Africa as a deepening energy crisis, exacerbated by spiraling import costs, threatens to plunge the nation into prolonged blackouts. The government is also launching a major renewable energy tender in a bid to diversify its energy mix. …

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Botswana’s Coal Future Fueled by Expert Guidance: Gemecs Plays Pivotal Role in Mookane Mine Development

The burgeoning coal mining sector in Botswana has received a significant boost with the successful development of the nation’s third major coal mine, a project owing much of its progress to the expertise of independent geological consultants, Gemecs. Situated near Mookane in the Mmamabula Coal Field, this ambitious venture is …

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Lucara Takes Direct Control of Karowe Underground Project

Lucara Diamond Corp. has announced a strategic shift in the management of its Karowe underground project (UGP) in Botswana. Effective 31 March 2025, Lucara will terminate its Engineering, Procurement and Construction Management contract with JDS Energy & Mining Inc. and transition to owner-managed operations for all site-based contracts and activities. …

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Raising Capital at AFSIC: an unparalleled opportunity to connect with the top DFIs and private equity funds

AFSIC – Investing in Africa allows companies raising capital the opportunity to connect with a variety of different investors including the top DFIs and private equity funds. While opportunities to network, pitch and be profiled on site are unmatched, African Investments works alongside AFSIC year-round to provide companies raising capital …

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Botswana Mulls New Coal Plant as Morupule B Struggles to Deliver

Faced with persistent generation challenges at its flagship Morupule B power station, Botswana is considering the construction of a new 615-megawatt coal-fired power plant. The move comes as the troubled Morupule B, a 600-megawatt facility built in 2012, continues to operate below capacity due to frequent breakdowns and ongoing maintenance. …

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Botswana Bets on Glamour and Gen Z to Revive Diamond Fortunes

Botswana, the world’s diamond powerhouse, is embarking on a bold strategy to win over the hearts and wallets of affluent young Americans, aiming to counter the surge of lab-grown alternatives and reignite its struggling economy. With a savvy blend of luxury events and social media blitzes, the nation is targeting …

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