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Botswana President Duma Boko announced plans for a citizenship-by-investment program to reduce reliance on diamonds, the country’s main export. With the diamond market slump causing a 3% economic contraction last year and another expected in 2025, the scheme aims to attract funds for housing, tourism, renewable energy, mining, and financial services. The required investment threshold is yet to be set. Botswana recently launched a sovereign wealth fund and partnered with consultancy Arton Capital to design the program.
Friday, 26 September, 2025