Botswana has signed a series of agreements with Oman focused on energy development, mineral exploration, and infrastructure, marking a step toward strengthening bilateral economic ties. The deals were concluded during a three-day visit by Botswana’s president, Duma Boko, to the Gulf nation.
A key component of the agreements is a joint mineral exploration initiative targeting resources such as copper, gold, graphite, and iron ore. The project will focus on largely unexplored areas, which make up about 70% of Botswana’s territory, as the country aims to expand its mining sector beyond diamonds.
The agreements also include plans for a 500-megawatt solar power plant in northwest Botswana. The facility is expected to operate for at least 25 years and forms part of the country’s strategy to increase renewable energy’s share of electricity generation from around 8% to 50% by 2030.
In addition, Botswana’s state oil company signed a joint development deal with an Omani energy firm to build oil storage infrastructure in both Botswana and Walvis Bay, Namibia.
The agreements reflect broader efforts by Botswana to diversify its economy amid declining diamond revenues, while Oman is also seeking to expand beyond oil dependence through international partnerships.
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