Establishing business operations in Botswana often requires local partnerships, particularly for government tenders. Increasingly, both government and private sector contracts favor Botswana citizen-owned or locally based companies. Access to most government loans and grants typically mandates a local partner. Competing for government contracts without a local partner can be challenging and cost-ineffective, even when tenders are open to foreign participation. Tenders are often tailored to goods and services available in the local market, announced in hard copy with short deadlines, and accompanied by bureaucratic requirements that are difficult to navigate without local representation.
Building personal relationships, preferably through face-to-face meetings, is essential for effective business engagement in Botswana. Formality and respect for protocol are highly valued and facilitate strong partnerships. Government officials and business managers are less likely to take proposals seriously if they are not presented by an individual or company physically located in Botswana.
The Botswana Investment and Trade Centre (BITC) can assist investors whose projects align with national goals, such as job creation, skill transfer, and economic diversification. IT-related companies may benefit from partnering with the Botswana Digital Innovation Hub to facilitate market entry. Investors are encouraged to align their projects with the government’s priorities, including diversifying the economy away from diamond revenues, creating employment, and developing skills and capacity. The new administration has emphasized attracting self-funding projects that generate revenue and address public sector cashflow challenges.
The U.S. Embassy’s Economic/Commercial Section provides general advice on economic conditions and specific market intelligence. Services such as Gold Key Matchmaking and International Partner Searches are available for a fee. For more information, visit https://bw.usembassy.gov.