Cape Town, South Africa – May 2023

A high-level delegation from Minerals Development Company Botswana (MDCB) returned from a highly successful mission to the Investing in African Mining Indaba, having positioned Botswana as a leading global destination for responsible and sustainable mining investment.

The annual Mining Indaba, the world’s foremost gathering of mining leaders, investors, and policymakers provided an unparalleled stage for MDCB to showcase Botswana’s stability, transparency, and growth potential under the theme “Stability, Security, and Supply.”

Driving Global Partnerships and Investor Confidence

MDCB’s delegation, led by Chief Executive Officer Mr. Matome Tsholetsa Malema, and comprising senior executives from Investment, Technical, Finance, and Corporate Affairs portfolios, engaged in a series of high-level meetings with international investors, financiers, and industry leaders.

Mr. Malema played a prominent role in thought-leadership discussions, including a Ministerial Round Table and a panel on permitting and approval processes for new metals, where he highlighted Botswana’s reputation for good governance and regulatory excellence.

“Botswana’s regulatory framework remains one of the most codified and transparent globally,” said Mr. Malema. “Through MDCB, we are building partnerships that deliver shared value, turning global headwinds into opportunities for growth and innovation.”

He emphasised that MDCB’s participation was not only about visibility but about forging transformative partnerships that would advance diversification across the minerals value chain from traditional resources to the critical minerals that power the global energy transition.

Expanding Opportunities Across the Mineral Spectrum

Beyond the conference floor, MDCB’s delegation conducted a focused series of bilateral engagements aimed at unlocking new investment opportunities. These included projects in base metals, critical minerals, and strategic infrastructure, positioning Botswana as a key player in the supply of resources essential for the low-carbon global economy.

The mission’s outcomes have significantly elevated Botswana’s profile on the international stage, strengthening investor confidence, opening channels for joint ventures, and laying the groundwork for future projects that promise to generate jobs, accelerate industrialisation, and secure long-term national prosperity.

“Our message to investors was simple,” concluded Mr. Malema. “Botswana is open for business, it is stable, transparent, and ready to partner for sustainable growth.”

Through its strategic engagement at Mining Indaba, MDCB once again affirmed its leadership role as Botswana’s catalyst for responsible mineral development and global investment attraction.

About Minerals Development Company Botswana (MDCB):

Minerals Development Company Botswana (Pty) Ltd is an investment holding company wholly owned and established by the Government of Botswana to grow, optimise and diversify the Government’s mining and mineral investment portfolio with a view to generating attractive financial returns and contribute to Botswana’s financial security. MDCB also provides advisory services (commercial and technical) to the Government and facilitates the development of the Botswana’s mining and minerals sector. As part of its mandate the company also houses the Government Diamond Valuation (GDV) function responsible for negotiating best prices for the country’s diamonds and deriving optimum value thereof, for the benefit of Batswana. 

For More Information

Website: www.mdcb.co.bw

Email: info@mdcb.co.bw

Phone: +267 3810 300