Business Opportunities in Botswana – Part 1
For those who are not already aware, Botswana is a thriving country, offering a wide range of business opportunities. In this 2-part blog series we are going to take a look at some of the best of these opportunities and provide an insight into what makes them so good. Before we delve into the nitty gritty, let’s fist take a closer look at Botswana and its history.
Botswana is a landlocked country located in South Africa and is home to a population of approximately 3 Million people. Having gained independence from the United Kingdom in 1966, the main two languages remain English and Setswana. The overriding religion is that of the Christian disposition.
Manufacturing Leather Based Products
When your lands are home to over 2 Million cattle, it would be silly to miss the opportunity to utilize the sheer volume of leather available. Obviously, there is the opportunity to create meat-based industries; however, perhaps the even bigger opportunities lie in the production of goods. Leather bags and shoes are just a couple of the key areas that can be exploited for profit in Botswana. If you have the business acumen to approach this as a large-scale opportunity, then this could easily see you producing goods on a global basis!
Locals love to wear products that are produced on their own doorstep. For that matter, tourists also like to take home trinkets and other craft-based products back to their home countries. Some of the main products that are sold are:
- Local clothing
If you base your business in and around the main tourist areas then you could well be onto a winner.
Tourism & Hospitality
Perhaps one of the mainstays of business in Botswana remains their very strong tourism and hospitality. When you have an expanse of beauty then taking advantage of it for commercial gains is relatively simple. Aside from the main business aspects, there are also plenty of spin-off type businesses. For example, camping equipment, safari vehicles and taxis represent just a few solid business options.
As an expanding economy, Botswana has been working hard to improve its infrastructure. You can’t have thriving tourist attractions if the tourists struggle to be able to get there. Hence, one of the main business opportunities lays in the ability to supply transport systems. Supply services to construction, as well as the labor required to put road building plans into reality are just a couple of key areas that provide work.
Brick Moulders and Makers
It’s impossible to have serious construction projects without a constant supply of bricks. The machines that go on to mould bricks as well as cement and sand are in huge demand. Getting into this industry type will see no shortage of work opportunities.
The knock-on effect of this also means that there is a calling for qualified electricians, plumbers and builders. These are just a few of the business opportunities that Botswana provides. Stay tuned for part 2 when we take a look at some other great opportunities.