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Tuesday, 27 October 2026
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Botswanan press · Organization

African Development Bank

Also known as: AfDB · the African Development Bank · African Development Bank Group · ADB

Development finance institution providing loans and policy guidance to Botswana and African countries on diversification, revenue mobilization, and crisis response.

2026-04-282026-10-27

News reports

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In coverage

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  1. October 2026
  2. Daily News Botswana

    … Meanwhile, the fund has completed its structural framework and appointed Dr Akinwumi Adesina, a development economist and former President of the African Development Bank, as chairperson of its 10-member independent board. …

    Govt and De Beers advance P1bn into diamond fund
  3. Weekend Post

    … The African Development Bank projects the current-account deficit widening to 6.4 percent of G.D.P. …

    Botswana’s diamond rebound offers relief – and a Warning
  4. September 2026
  5. Weekend Post

    … The African Development Bank projects the current-account deficit widening to 6.4 percent of G.D.P. …

    Botswana’s diamond rebound offers relief – and a Warning
  6. Weekend Post

    … Akinwumi Adesina, the former president of the African Development Bank, who has assumed command of the Diamonds for Development Fund with an unusually unvarnished promise. …

    Dr Adesina’s Diamond for Development not for ‘Mickey Mouse projects’
  7. Mmegi

    In a statement, directors said the facility, known as the Global Energy And Fertilizer Crisis Response Framework also includes an additional $960 million in concessional funding from the African Development Bank. …

    AfDB avails $4bn for energy, fertiliser
  8. Weekend Post

    … Adesina, the former president of the African Development Bank and one of the continent’s most recognisable voices on economic transformation, seemed to absorb that urgency. …

    Botswana bets its diamonds on a future beyond diamonds
  9. The Botswana Gazette

    Botswana is negotiating AfDB financing for skills and enterprise development, but the project document gives little detail on the borrowing amount, repayment terms or fiscal burden. …

    Botswana Seeks AfDB Loan for Jobs
  10. Daily News Botswana

    … It states that the visit follows an invitation extended to the Minister of Finance by the African Development Bank and the government of the Republic of Korea. …

    State Visit to unlock opportunities
  11. August 2026
  12. The Botswana Gazette

    As diamond revenues weaken, the African Development Bank says Botswana must diversify domestic revenue through better tax administration, digital systems and broader tax bases TLOTLO KEBINAKGABO Botswana needs sound tax policy design backed by strong institutional enablers to mob …

    AfDB Urges Botswana Tax Reform
  13. Weekend Post

    … This advice comes from the African Development Bank (AfDB) in its 2026 Country Focus Report, *Mobilizing Botswana’s Development Financing at Scale in a Fragmented World*. …

    AfDB calls on Botswana to expand growth and unlock new development finance sources

Wednesday 21 October

  1. Government and De Beers launch P1bn diamond diversification fund

    Government and De Beers Group have advanced P1 billion to the Diamonds for Development Fund, a partnership aimed at channelling diamond wealth into non-mining sectors and supporting economic diversification and sustainable employment.

    21 October 2026 · Daily News Botswana →

Thursday 8 October

  1. Botswana's diamond recovery raises diversification urgency

    After a severe slump, Botswana's diamond industry has recovered—the economy expanded 3.5 percent year-on-year in the first quarter of 2026 and rough-diamond output surged in the second. Acting president and finance minister Ndaba Gaolathe has urged the country to use this reprieve to diversify away from dependence on diamonds, steering capital toward farms, factories, and tourism rather than relying on another diamond-market recovery.

    8 October 2026 · Weekend Post →

Monday 28 September

  1. Botswana's diamond recovery stirs but masks deeper questions

    Botswana's diamond industry has rebounded after a slump, with the economy expanding 3.5 percent year-on-year in the first quarter of 2026 and rough-diamond output surging in the second. However, acting president and finance minister Ndaba Gaolathe warned against treating the recovery as a transformation, calling for investment in farms, factories, and tourism rather than reliance on diamond market fluctuations.

    28 September 2026 · Weekend Post →

  2. Dr Adesina leads Diamonds for Development fund to diversify economy

    With Botswana's diamond-dependent economy contracting 3 percent in 2024 as prices softened, Dr. Akinwumi Adesina, former African Development Bank president, now heads the Diamonds for Development Fund to marshal capital for diversification, exports, and jobs—pledging the fund will not finance "Mickey Mouse projects."

    28 September 2026 · Weekend Post →

  3. African Development Bank launches $4bn energy and fertiliser crisis response

    The African Development Bank has established the Global Energy And Fertilizer Crisis Response Framework with $4 billion in funding, plus an additional $960 million in concessional funding, to address supply disruptions and rising global prices for energy and fertilisers affecting African economies.

    28 September 2026 · Mmegi →

Monday 21 September

  1. Botswana establishes fund to diversify economy away from diamonds

    President Duma Boko met with Dr. Akinwumi Adesina, the newly appointed chair of the Diamonds for Development Fund's board, to advance efforts to transition Botswana's economy away from mineral dependence toward structural diversification, recognizing that diamond revenues are finite and the market is volatile.

    21 September 2026 · Weekend Post →

Wednesday 16 September

  1. Botswana negotiates AfDB loan for skills and job creation

    Botswana is negotiating financing from the African Development Bank to support job creation through skills development, entrepreneurship and enterprise growth. The project document provides little detail on borrowing amount, repayment terms or fiscal burden.

    16 September 2026 · The Botswana Gazette →

Monday 7 September

  1. Boko's Angola visit aims to strengthen economic cooperation

    President Advocate Duma Boko's State Visit to Angola is expected to unlock opportunities for mutually beneficial economic and commercial cooperation and deepen ties between the two countries. The Presidents are expected to discuss programmes to strengthen trade and investment linkages in mining, energy, transport, food security, tourism and regional connectivity, and to witness the signing of a Bi-National Commission agreement.

    7 September 2026 · Daily News Botswana →

Monday 24 August

  1. AfDB calls on Botswana to diversify revenue through tax reform

    The African Development Bank says Botswana must strengthen tax administration, digital systems, and tax bases to mobilize domestic revenue as diamond revenues weaken.

    24 August 2026 · The Botswana Gazette →

Tuesday 18 August

  1. AfDB urges Botswana to diversify economy beyond diamonds

    The African Development Bank's 2026 Country Focus Report calls on Botswana to strengthen economic diversification and unlock new development finance sources, citing shifting diamond revenues, productivity challenges, and a drop in domestic fiscal revenue from US$6.2 billion in 2021 to US$5 billion.

    18 August 2026 · Weekend Post →

Monday 17 August

  1. African Development Bank values Botswana's natural capital at $116 billion

    The African Development Bank estimates Botswana's natural capital—comprising wildlife, rangelands, water, and other natural assets—at $116 billion as of 2020. The figure represents the value of natural assets over time rather than money available for public spending, as Botswana's diamond-dependent economy seeks alternative sources of growth and financing.

    17 August 2026 · Botswana Sunday Standard →

Sunday 16 August

  1. Botswana faces P82.5 billion development financing gap

    Botswana is confronting a massive development financing gap of about P82.5 billion, with financing needs reaching US$6.4 billion between 2021 and 2025 but average annual financing flows of only US$217.2 million over the same period, according to the African Development Bank Group's Country Focus Report 2026-Botswana.

    16 August 2026 · Botswana Sunday Standard →

  2. AfDB questions Botswana's budget transparency and fiscal management

    The African Development Bank has raised concerns about Botswana's ability to translate improvements in budget transparency into credible fiscal management, warning that gaps between approved budgets and actual outcomes are weakening public investment and increasing fiscal risks.

    16 August 2026 · Botswana Sunday Standard →

Thursday 13 August

  1. Super El Niño threatens Africa with $10–20 billion economic damage

    Scientists forecast a "super" El Niño event in late 2026 will trigger higher temperatures and reduced rainfall across the Southern Hemisphere, potentially causing $10–20 billion in economic damages across Africa. Botswana faces particular risks including soaring temperatures, diminishing water supplies, increased wildfire risks, and impacts on wildlife populations, prompting the African Union Commission to urge member states to strengthen early warning systems.

    13 August 2026 · Weekend Post →

Monday 10 August

  1. UDC government faces test delivering on multi-billion Pula loan

    Botswana is negotiating a multi-billion Pula loan from the African Development Bank to fund a jobs programme addressing unemployment through skills development and enterprise financing, but the funds will only be released if the government can prove it can deliver results.

    10 August 2026 · Botswana Sunday Standard →

  2. ADB urges Botswana to reform investment capacity and execution

    The African Development Bank's 2026 Botswana Country Focus Report calls for stronger project preparation, deeper capital markets, and better public investment management. Vice President Ndaba Gaolathe said government is aligning with the ADB to deepen institutional capacity and mobilise capital for viable investments, emphasising the need for sharper execution to move projects from preparation to implementation.

    10 August 2026 · Daily News Botswana →

Wednesday 5 August

  1. AfDB warns Botswana economy trails regional peers

    The African Development Bank says Botswana remained in contraction in 2025 as diamond dependence and collapsing investment left it behind rebounding regional economies, making it the weakest-performing economy among Southern Africa's major economies.

    5 August 2026 · The Botswana Gazette →

Thursday 30 July

  1. African Development Bank funds vaccine facility in South Africa

    The African Development Bank has provided a $15 million loan to Biovac, a South African vaccine manufacturer, to develop a multi-vaccine facility in Cape Town that will increase Africa's domestic vaccine production capacity and create about 340 jobs.

    30 July 2026 · Weekend Post →

Thursday 23 July

  1. ADB pledges $13M for Ebola outbreak response in Central Africa

    The African Development Bank announced $13 million in funding on 21 July 2026 to combat an Ebola outbreak in the Democratic Republic of Congo, South Sudan, and Uganda, caused by the Bundibugyo variant with a fatality rate reaching 50 percent and no approved vaccines or antiviral treatments yet available.

    23 July 2026 · Weekend Post →

Tuesday 9 June

  1. AfDB urges African governments to expand tax bases and revenue collection

    The African Development Bank is calling on African governments to expand their tax bases, enhance revenue collection systems, and strengthen fiscal governance amid rising fiscal challenges from declining aid, volatile commodity markets, and growing development financing demands.

    9 June 2026 · Weekend Post →

Monday 8 June

  1. Botswana drops six places in Africa's industrialisation rankings

    According to an African Development Bank report, Botswana's position in Africa's industrialisation rankings fell from ninth in 2010 to 15th in 2024, a decline linked to weaker manufacturing and a more specialised export base.

    8 June 2026 · Botswana Sunday Standard →

Tuesday 2 June

  1. 22 African economies exceeded 5 percent growth in 2025

    Africa recorded an estimated average GDP growth of 4.4 percent in 2025, with 22 African economies surpassing the 5 percent growth mark. The continent is projected to sustain a growth rate of 4.2 percent in 2026, according to the 2026 African Economic Outlook released at the African Development Bank's Annual Meetings in May.

    2 June 2026 · Weekend Post →

Monday 1 June

  1. Botswana seeks funding for P400 billion development agenda

    Botswana is pursuing an ambitious P400 billion development agenda and faces a funding challenge. The African Development Bank notes that Africa could unlock more than $1.4 trillion annually through stronger tax collection, more efficient public spending, and deeper financial markets.

    1 June 2026 · Botswana Sunday Standard →

Thursday 28 May

  1. Emergency medicine emerging as critical healthcare specialty in Africa

    As Emergency Medicine Day approaches on May 27, the specialty is being highlighted for its growing importance in addressing global healthcare challenges, particularly in Africa where fewer than 10% have access to formal emergency medical services amid rising population growth, road accidents, and infectious disease outbreaks.

    28 May 2026 · Weekend Post →

Wednesday 20 May

  1. BCP criticizes forensic audit as structurally flawed and inadequate

    The Botswana Congress Party has dismissed the government's forensic audit as structurally flawed and theatrically political, arguing it reveals little that is new and provides no credible roadmap for institutional reform. If the report remains secret, the BCP plans to revive its proposal for a fully independent Presidential Commission of Inquiry when Parliament reconvenes in July.

    20 May 2026 · Weekend Post →

Tuesday 28 April

  1. BII unveils £9bn strategy to mobilize African development capital

    British International Investment has announced a five-year strategy to mobilize £9 billion in fresh capital for Africa, with £5 billion from its own funds leveraged to attract private investment. The initiative focuses on frontier markets and least developed countries where private capital has historically been scarce.

    28 April 2026 · Weekend Post →

African Development Bank — Botswanan press coverage · Botswana Minute