Botswana Investment
The country of my choice is Botswana. It is one of the richest countries in Africa, in terms of GDP and GDP per capita. It is also one of the least corrupt countries in Africa according to Transparency International. Most of it’s income comes from natural resources, the main one being diamonds. However the government had also made an effort to diversify the economy resulting in tourism and financial services becoming important sectors for the Botswana economy.
The three firms that I chose to invest in are:
1) Debswana Diamond Company Ltd.: As the name suggests this is a diamond extraction and production company. It controls some of the largest diamond formations in the world. Since diamonds account for a third of the GDP of the country and also 90% of the exports this company would be a good company to invest in.
2) BancABC: This company is one of the leading providers of financial services in Africa. It is a Botswana company that operates in numerous Southern African nations. It offers commercial banking as well as other financial services. Botswana is known for it’s superior financial services in the Southern African regions and BancABC is the leading financial service provider in Botswana.
3) Wilderness Holding Ltd.: This is a Botswana company that owns the world’s top eco-tourism brands. This company operates various safari tours, own a hotel line and also an airlines. Since the demand for eco-tourism is increasing at a rapid pace worldwide and Botswana is becoming a leading location for tourism this company would be a good company to invest in.
The three firms that I chose to invest in are:
1) Debswana Diamond Company Ltd.: As the name suggests this is a diamond extraction and production company. It controls some of the largest diamond formations in the world. Since diamonds account for a third of the GDP of the country and also 90% of the exports this company would be a good company to invest in.
2) BancABC: This company is one of the leading providers of financial services in Africa. It is a Botswana company that operates in numerous Southern African nations. It offers commercial banking as well as other financial services. Botswana is known for it’s superior financial services in the Southern African regions and BancABC is the leading financial service provider in Botswana.
3) Wilderness Holding Ltd.: This is a Botswana company that owns the world’s top eco-tourism brands. This company operates various safari tours, own a hotel line and also an airlines. Since the demand for eco-tourism is increasing at a rapid pace worldwide and Botswana is becoming a leading location for tourism this company would be a good company to invest in.