Botswana Misc
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Angtel Botswana

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Botswana Misc - Startup Scene

Botswana a landlocked country in southern africa has a small but growing startup scene the country has a population of just over 2 million people with the majority living in urban areas the geography of the area is dominated by the kalahari desert which covers most of the country entrepreneurship has a long history in botswana with many successful businesses founded by locals however the country has struggled with high unemployment rates which have hindered the growth of the startup scene despite these challenges there have been some notable technological innovations in botswana particularly in the areas of mobile banking and renewable energy companies such as letshego holdings and choppies enterprises have been founded in the country while debswana diamond company is headquartered there botswana is known for its stable political climate and strong economy which has helped to attract foreign investment the country has a number of universities including the university of botswana which has a strong focus on entrepreneurship the living wage in botswana is around 2500 bwp approximately 230 per month while the unemployment rate is around 20 the city level gdp is around 6 billion the rate of new companies starting and ending in botswana is difficult to determine as there is limited data available however the startup scene is still relatively small and faces challenges such as limited access to funding and a lack of skilled workers overall the startup scene in botswana is still in its early stages but has the potential to grow and thrive in the coming years with a stable political climate a strong economy and a growing focus on entrepreneurship the country is wellpositioned to attract investment and support the growth of new businesses however more needs to be done to address the challenges facing startups in the country such as high unemployment rates and limited access to funding

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