15/07/2025
Botswana’s Bold Economic Move: Unpacking the New Sovereign Wealth Fund – A Path to Lasting Prosperity
Botswana is embarking on a significant economic journey with the establishment of its own sovereign wealth fund, the Botswana Sovereign Wealth Fund Limited (BSWFL). This strategic move signals the nation’s forward-looking vision, designed to secure its economic future and ensure lasting prosperity for generations to come. Registered as a public company on May 27, 2025, and wholly owned by the Government of Botswana, the BSWFL operates directly under the Office of the President in Gaborone, underscoring its national importance. Its overarching goal is the long-term management and investment of national funds and resources, aiming for growth without compromising the sustainability of Botswana’s economy.
What Exactly is a Sovereign Wealth Fund?
A sovereign wealth fund (SWF) is an investment fund owned by a state, utilised by governments to invest surplus revenues and other financial reserves. These funds are characterized by a dual nature, serving both non-financial objectives, such as domestic political and social policy aims, and purely financial goals, focused on protecting and expanding the capital entrusted to them. VISIT THE WEBSITE TO READ MORE;
https://2ndrepublicnews.com/2025/07/15/botswanas-wealth-fund-path-prosperity/