Botswana

Overview

Botswana is widely recognized a success story of development, with impressive economic growth and good governance. However, the country still suffers from high levels of poverty, inequality and economic uncertainty due to a heavy reliance on the diamond industry.

TechnoServe’s work in Botswana supports the country’s entrepreneurs, who play an increasingly important role in diversifying the economy. TechnoServe provides training and mentoring services to micro, small and medium enterprises, which create much needed jobs. We are also working to establish successful partnerships with leading organizations in the country to ensure long-term sustainability and growth.

On The Ground

Projects

 

Tokafala: Building Strong Businesses in Botswana

As diamond reserves in Botswana dwindle, the country's entrepreneurs are playing an increasingly leading role in creating new jobs and diversifying the economy. In partnership with Anglo American, TechnoServe is implementing an enterprise development program called Tokafala, which focuses on fostering the growth of small and growing businesses in Botswana by helping them to overcome the challenges that many entrepreneurs face in the country. The four-year program has supported over 230 micro, small and medium enterprises (SMMEs), impacting over 2,000 jobs. From 2014 to 2016, Tokafala provided advisory services and mentorship to more than 215 SMMEs, helping entrepreneurs develop the business, financial management and marketing skills they need to build successful and sustainable businesses. The project has successfully established a business hub and developed strong partnerships with leading organizations that could provide advisory services to local SMMEs, such as the Chamber of Mines’ Business Development Forum, as well as Debswana’s supply chain and a number of commercial banks. The program generated almost $2.5 million in financial benefits for local businesspeople, and helped to mobilize an additional $2.4 in formal financing.

Blog Posts

April 30, 2015

Beyond Diamonds: Building Businesses in Botswana

A public-private partnership is helping Botswana's entrepreneurs grow their businesses and create sustainable jobs in their communities.

Read More

More Posts

Contact

TechnoServe Botswana

3rd Floor, Standard House
Main Mall, Gaborone
Botswana

Tel: +267 319 0284
Fax: +267 319 0285

Rob Wiggins

Tokafala Program Director
rwiggins@tns.org

Resources