FNBB accuses Mauritian investor of self-help in EUR 500m standoff

Botswana's Finance Ministry faces over $10 billion in unsolicited investment proposals, prompting enhanced scrutiny

Botswana's Finance Ministry is regularly presented with more than $10 billion worth of unsolicited bids and proposals from prospective investors. This volume necessitates rigorous due diligence and scrutiny by the state to identify and exclude fraudsters, scammers, and those with malicious intentions. Finance Ministry technocrats collaborate with law enforcement, including international agencies, to vet these proposals. The objective of this thorough vetting process is to safeguard the country's sovereign interests and prevent the nation from entering into exploitative, long-term, and binding agreements.