Botswana successfully held its 11th edition of the Global EXPO which ran from the 23rd to 26th of November 2016 in Gaborone and was running co-currently with the country’s 50th independence celebrations.
The event was attended by delegates and exhibitors from over 20 African countries and attracted participators from as far as Japan and Brazil.
The Chief Executive officer, Mr Letshebe Sejoe explained that the Expo was running under the theme “Unlocking opportunities for economic growth” and the reason behind the theme was to promote foreign investment in Botswana.
“The above theme is fitting for this year’s expo, because Botswana`s economy is expected to rebound with projected GDP growth rates of 3.5% and 4.1% respectively in 2016 and 2017.
“In this regard the theme is meant to assist foreign exhibitors and potential investors in exploring business opportunities across the economic spectrum of this country,” said Sejoe.
He went on further to say that the expo was meant to link locals to business opportunities that can contribute to economic growth as the country has taken the decision to diversify economy than depend on the minerals sector only.
“The theme is intended to assist local businesses to identify business opportunities that can contribute to the economic growth in line with the current economic direction taken by the country to diversify her economy from being dependent on the minerals sector,” said Sejoe.
However some of the few Botswana residents who spoke to Esaja.com are keen on having the Botswana people participate and contribute to the country`s economy as they feel that most sectors of the economy are controlled by foreigners.
The event has the potential to grow if marketed well, as Botswana is one of the few countries in Africa that still has no foreign exchange controls and no restrictions on business ownership, which is an opportunity for other African countries willing to find more opportunities for their businesses.