Botswana Courts Namibian Investors

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By Catherine Sasman

WINDHOEK

Botswana High Commissioner to Namibia, Norman Seduma Moleboge, has encouraged businesses from both countries to forge closer ties for improved regional trade in mutually investment-friendly environments.

The Namibia Chamber of Commerce and Industry (NCCI) is hosting a 20-member business delegation from the Botswana Export Development and Investment Authority (BEDIA), wooing business partners in this country.

In 2006, Namibia’s exports to Botswana amounted to US$15 million, with beer and mineral fuels the biggest export products.

During the same period, Botswana’s exports to Namibia amounted to US$6 million, with the biggest exports in cereals and chemical products.

Export Promotion Manager of BEDIA, Brian Mosenene, said the semi-autonomous investment institution has a special bias towards value addition to local raw materials.

With more cattle than people in Botswana, the country has established two modern tanneries to produce leather and other beef by-products. The country produces 300??????’??

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