News Industry

Botswana, Oman Agree on 500-MW Solar Project in New Energy Partnership

Botswana, Oman Agree on 500-MW Solar Project in New Energy Partnership
Friday, 28 November 2025 19:29
  • Botswana and Oman signed strategic agreements that include a 500-MW solar photovoltaic project.
  • The energy partnership covers fuel-storage infrastructure, petroleum supply and trading, and large-scale solar development.
  • Botswana plans to raise its renewable-energy share from 8% to 50% by 2030 to reach universal electricity access.

Botswana aims to accelerate renewable-energy development to secure electricity supply, expand electrification and lower its carbon footprint. The government announced on November 25 that it signed several strategic agreements with investment companies from the Sultanate of Oman, including a collaboration on a 500-MW solar photovoltaic project.

Officials signed the agreements in Gaborone during a visit by an Omani delegation led by Abdulsalam bin Mohammed Al Murshidi, president of the Oman Investment Authority. The mission followed Botswana President Mokgweetsi Masisi’s trip to Oman on October 19, 2025.

The joint communiqué stated that the energy partnership covers three components: the development of fuel-storage infrastructure, the supply and regional trade of petroleum products, and the implementation of the 500-MW solar project, described as a central element of the new cooperation.

Officials did not disclose the project timeline, implementation modalities or financing structure. The parties also signed a cooperation agreement with the Botswana Geoscience Institute to support national exploration and mineral-development initiatives.

Botswana outlined its national objectives in its National Energy Compact, published under the Mission 300 framework. The government aims to achieve universal electricity access by 2030, raising the access rate from 76.6% to 100% through grid extensions in peri-urban and rural areas and off-grid solutions for isolated communities. Botswana plans to expand the share of renewable energy in its power mix from 8% today to 50% by 2030 by scaling up solar and wind investments.

This article was initially published in French by Abdoullah Diop

Adapted in English by Ange Jason Quenum

On the same topic
Lucara plans a share placement of at least C$70 million to fund Karowe UGP The Lundin family will subscribe up to C$70 million to maintain its...
La Mancha Resource, controlled by Egyptian billionaire Naguib Sawiris, cut its stake in Endeavour Mining from over 15% to 11.1% since early...
Egypt signed $1.8 billion in solar and battery storage agreements with Scatec and Sungrow. The deals include Africa’s largest...
Authorities seize thousands of cylinders over speculation, illegal practices New decree tightens sales rules to protect subsidised household gas...
Most Read
01

Ethiopia agreed in principle with investors holding over 45% of its $1 billion eurobond due 2...

Ethiopia Secures Preliminary Eurobond Restructuring Deal With Private Investors
02

Africa’s AI adoption is accelerating, but its ability to scale depends primarily on foundational i...

Africa’s Artificial Intelligence Moment : Infrastructure, Governance and the Path to Scale
03

African billionaires increased their combined net worth by $21.9 billion in 2025. Nigerian b...

Africa’s Billionaires Post Strong Gains as Global Wealth Hits Record
04

Flutterwave acquired Nigerian open banking startup Mono in an all-share deal valued between $...

Flutterwave Adds Open Banking With Mono Acquisition
05

The BCID-AES launches with 500B CFA to fund Sahel infrastructure, asserting sovereignty from the B...

AES Launches Confederal Investment Bank: A Strategic Pivot Toward Sahelian Financial Sovereignty
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.