U.S-Africa Business Summit: Mokgweetsi Masisi on the investment case for Botswana
CNBC Africa’s Fifi Peters caught up with the President of Botswana, Mokgweetsi Masisi on the side-lines of the U.S. Africa Business Summit in Dallas, Texas.
Tue, 07 May 2024 16:33:42 GMT
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AI Generated Summary
- President Masisi emphasizes the importance of understanding regulatory frameworks and fostering reciprocity for mutual benefits in trade and investment.
- Botswana seeks to leverage technology and innovation to drive economic growth and position itself as a creator of content and services.
- The country focuses on its competitive advantages in the beef and mineral sectors, enhancing value through strategic partnerships with global institutions.
President Mokgweetsi Masisi of Botswana recently attended the 2024 U.S.-Africa Business Summit in Dallas, Texas, where he discussed the investment potential and strategic partnerships for Botswana. In an interview with CNBC Africa's Fifi Peters, President Masisi emphasized the importance of the summit in strengthening U.S.-Africa business ties and promoting economic growth. The President expressed his confidence in the partnership between the two regions and highlighted the progress made in building a conducive environment for investment and trade. He noted the significance of understanding regulatory frameworks, identifying key focus areas, and fostering reciprocity to ensure mutual benefits for all parties involved. President Masisi also emphasized the need for African countries to leverage technology and innovation to drive economic development and establish themselves as creators of content and services. He highlighted Botswana's competitive advantages in the beef and mineral sectors and outlined the country's efforts to enhance value and optimize natural resources through strategic partnerships with global institutions and technology-driven solutions. President Masisi's vision for Botswana's economic future is centered on collaboration, innovation, and sustainable growth to position the country as a key player in the global market.