BOTSWANA TO SECURE STRATEGIC OPEC FUND DEAL AIMED AT BOLSTERING ENERGY AND DIGITAL TRANSFORMATION

Botswana is making a new chapter for the country’s investment and digital innovation ambitions.

Botswana Transformative country partnership framework Opec Digital innovation Investment Development.
Botswana Vice President and Finance Minister Ndaba Gaolathe
Botswana Vice President and Finance Minister Ndaba Gaolathe


Botswana is set to ink a transformative Country Partnership Framework (CPF) with the OPEC Fund for International Development this week, marking a new chapter in the country’s investment and digital innovation ambitions.

Vice President and Finance Minister Ndaba Gaolathe is leading the high-level mission to Vienna, Austria, where he will formalise the agreement during the 2025 OPEC Fund Development Forum slated for June 17–18. The CPF, which spans 2025 to 2029, will outline a structured roadmap for strategic cooperation in critical sectors such as energy, infrastructure, and digital innovation.

According to an official statement released Monday, Gaolathe will not only sign the landmark deal but also deliver a keynote address during a high-level session themed “Digital Acceleration for Growth and Inclusion.” His address is expected to spotlight Botswana’s bold reforms and digital-forward agenda as a cornerstone for inclusive growth and global competitiveness.

“The Vice President, also Minister of Finance, will deliver a keynote address in the high-level session on Digital Acceleration for Growth and Inclusion, sign the Country Partnership Framework (CPF) with the OPEC Fund, outlining a four-year roadmap (2025-2029) for cooperation in priority sectors including energy, infrastructure, and innovation,” the statement noted.

The OPEC Fund, known for its deep financing footprint in developing economies, has supported similar country frameworks across the Global South, each tailored to accelerate national priorities through policy-driven partnerships. Botswana’s CPF will align with national aspirations for sustainable development, economic diversification, and improved global trade positioning.

Beyond the signing ceremony, Vice President Gaolathe is scheduled to engage in a series of bilateral meetings with international financial institutions and development financiers. These discussions aim to deepen Botswana’s reform dialogue and promote the nation’s investment potential in the wake of ongoing economic transformation efforts.

The 2025 OPEC Fund Development Forum brings together global leaders, including heads of state, finance ministers, policymakers, and institutional investors, to discuss strategies for building climate resilience, promoting digital inclusion, and strengthening South-South cooperation.

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