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French investors eye northern region

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Anne de la Blanche
UPBEAT: Anne de la Blanche

French ambassador to Botswana Anne de la Blache says investors are willing to set up businesses in Francistown and the better northern part of Botswana as there are a lot of economic opportunities.

Revealing some of the issues she discussed during a closed door meeting with the Francistown City Council (FCC) mayor Sylvia Muzila after paying a courtesy call on her, de la Blache said she will continue to advocate for Botswana.

“I always advocate for Botswana because I am convinced it is one of the democracies in Africa. It is a very good country. And the country has got good assets for French investors who would want to come to Botswana,” said de la Blache in a recent interview with the Voice Money.

According to de la Blache, investments by France are likely to send the right signals to other investors across the globe about Botswana in general and Francistown in particular as a prime destination for their investments given the European country’s economic stature.

She said Botswana cannot afford to ignore the need to deepen economic and trade ties with developed countries such as France, one of the biggest economies in the European Union (EU) region and a large consumer of most primary exports.

“We share and have a lot in common with Botswana. It is a peaceful country with a potential of doing better,” said de la Blache.

Some of French companies that have footprints in Botswana include Total and Orange.

Sylvia Muzila
POSITIVE: Sylvia Muzila

Muzila said the assurance and commitment showcased by the French representative in Botswana will prove beneficial to the country’s aspirations in growing its economy.

Muzila said a land bank is available for investors willing to set up businesses in Francistown and its peripheries.

She said the local government leadership will do everything to support investors where possible as they settle in the country’s second largest city.