Botswana is actively seeking to diversify its mineral resources beyond diamonds, with a particular focus on critical minerals, according to a recent interview with Minerals and Energy Minister Bogolo Kenewendo. The move comes as global demand for these resources surges, presenting an opportunity for the nation to capture greater value from its natural wealth.
Speaking with Bloomberg TV’s Jennifer Zabasajja, Kenewendo outlined plans to stimulate expansion and increased production of copper, facilitate projects in manganese, and promote the beneficiation of soda ash. Exploration efforts are also being intensified, particularly within the Kalahari copper belt, as well as for platinum, chrome, and gold. “Although we’re a major mining economy, we are a child when it comes to general mining,” Kenewendo stated, emphasizing the relatively limited extent of exploration conducted to date – approximately 30% of the country.
To accelerate the process, the government intends to establish a state-owned exploration company. This initiative aims to create a robust database of potential resources for investors, thereby shortening the timeline from exploration to productive mining. Kenewendo acknowledged the challenges of exploration, noting the need for “patient funding” and early-stage investment, which the government hopes to address through its direct involvement.
The push for diversification is driven by a recognition that relying heavily on a single commodity – diamonds – leaves the economy vulnerable. Kenewendo indicated a desire to move away from this “monolithic” structure, learning from past experiences.
Minister Kenewendo was in Cape Town in both January and February 2026, according to posts shared by Jennifer Zabasajja on Instagram. She also participated as a speaker at the 2025 Unstoppable Africa conference, alongside heads of state and industry leaders.
The government’s ambition extends beyond simply identifying new resources. The focus is on attracting investment and developing the infrastructure necessary to support a more diversified mining sector. The trajectory from exploration to investment remains a key area of focus, with the new exploration company intended to play a central role in accelerating this process.
