As the year 2036 draws near, Botswana aims to ascend to high-income status, fostering prosperity for all. This ambitious vision is encapsulated in Pillar Number One of the National Vision, which outlines a trajectory toward becoming a high-income nation with an export-driven economy supported by diversified, inclusive, and sustainable growth rooted in heightened productivity.
Having experienced rapid economic growth between 1966 and 1989, Botswana is committed to achieving high-income status by 2036. This endeavor entails deliberate restructuring of ministries, including the establishment of entities like the Ministries of Entrepreneurship and Communications, Knowledge, and Technology. These initiatives aim to leverage science, technology, research, and innovation to drive progress.
The implementation of SmartBots, providing free high-speed Internet connectivity across the country, further enhances the digital infrastructure necessary to realize national aspirations. President Dr. Mokgweetsi Masisi emphasizes the pivotal role of innovation and entrepreneurship in driving economic growth, stressing their capacity to transform ideas into tangible realities.
Addressing the Legatum Centre for Development conference at the Massachusetts Institute of Technology, President Masisi underscores the alignment between Botswana's goals and the global narrative of Africa's ascent to competitiveness and prosperity. He emphasizes Botswana's active pursuit of collaboration with institutions like MIT to cultivate a vibrant entrepreneurial ecosystem.
Expressing a desire to emulate the success of the Legatum Centre, President Masisi seeks collaboration to advance entrepreneurship in Botswana. Permanent Secretary of the Ministry of Entrepreneurship, Mr. Kabelo Ebineng, highlights the potential for collaboration with MIT to accelerate research and development, propelling Botswana toward high-income status by 2036.
President Masisi's visit to the United States includes engagements in New York and Dallas, Texas, as part of a strategic working visit aimed at fostering partnerships and advancing Botswana's economic agenda.