AGP Executive Report
Last update: 7 hours agoLivestock Exports: Botswana is negotiating animal-health agreements with several countries, some nearing completion, in a bid to widen markets for farmers affected by foot-and-mouth restrictions. Mining Investment: Eastport Critical Metals is advancing uranium, rare-earth and nickel-copper projects; it plans uranium drilling in northern Botswana in early 2027, while assays from its Gaborone-area rare-earth project are pending. New Businesses: Solar Industries has set up a Botswana explosives subsidiary with an initial US$325,000 investment, but has yet to disclose customers or an operating timetable. Biotechnology firm Bio Usawa has also launched a Botswana subsidiary, intended as a Southern African hub for partnerships and future manufacturing. Power: Domestic electricity generation hit a 10-year high in the second quarter, up 56.6% year on year, while imports fell 59.4%. Agriculture: A €14 million EU-IFAD programme will support climate-resilient horticulture in Botswana, Zimbabwe and Zambia, targeting 15,000 smallholder households. Diamonds: De Beers says natural-diamond prices have stabilised and begun to rise, helped by stronger US and Indian demand and shrinking supply.
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