Archive · 26 Sep 2025
Botswana Launches Citizenship Program to Diversify Economy
Botswana, a country in Africa, is starting a new program to let people become citizens if they invest money.
This is because the country's main business, diamonds, isn't doing as well as it used to.
The government wants to raise money and help other businesses like tourism and renewable energy grow.
This should help the country's economy since it shrank last year.
They hope to create jobs and make things better for everyone, because Botswana's budget has been strained due to the global diamond market downturn.
Botswana will launch a citizenship-by-investment program.
The program aims to diversify the economy beyond diamonds.
The government forecasts another contraction in 2025 due to the diamond downturn.
Funds raised will support housing, tourism, renewable energy, and other sectors.
Botswana has hired Arton Capital to establish the citizenship program.
- Who
- Botswana President Duma Boko
- What
- Established a citizenship-by-investment program
- When
- Announced on Friday
- Where
- Botswana
- Why
- To diversify the economy due to the diamond market downturn.
- Country
- Botswana
- Program
- Citizenship-by-investment
- Goal
- Diversify economy
- Reason
- Diamond market downturn
- Sectors for Investment
- Housing, tourism, renewable energy, mining, financial services
- Consultancy
- Arton Capital
- Economic Contraction (last year)
- 3%