Oman and Botswana Strengthen Diplomatic and Economic Ties Through Strategic Agreements
His Majesty Sultan Haitham bin Tarik and His Excellency President Duma Gideon Boko of the Republic of Botswana witnessed the signing of several cooperation agreements at Al Barakah Palace today, marking a key milestone during the President’s working visit to the Sultanate of Oman.
The agreements span multiple strategic sectors, including mineral exploration, the development and operation of petroleum storage facilities, and the construction and financing of a large-scale photovoltaic solar power plant.
Abdulsalam bin Mohammed Al Murshidi, Chairman of the Oman Investment Authority (OIA), stated that these agreements reflect Oman’s economic diplomacy and pave the way for stronger strategic relations, international partnerships, and increased foreign investment.
He noted that relations between the two countries have rapidly progressed since initial discussions in July 2025, evolving into concrete investment projects, particularly in clean energy, fuels, mining, logistics, and financial services.
A key agreement between OQ Group and Botswana Oil focuses on enhancing fuel security and developing integrated supply and storage infrastructure. The partnership builds on a previous agreement signed in November 2025.
In renewable energy, O-Green signed a Power Purchase Agreement with Botswana Power Corporation (BPC) to develop a 500-megawatt solar power plant in Maun, supported by battery storage systems. This project is part of a broader 3,000-megawatt cooperation framework between the two nations.
The project represents one of the largest renewable energy investments in Botswana’s history and supports its goal of generating 50 percent of its electricity from sustainable sources by 2030.
President Boko described the agreements as strategically significant, enabling Botswana to achieve energy self-sufficiency and transition into an electricity-exporting nation.
In the mining sector, Minerals Development Oman and Botswana’s Exploration Investment Company (EICB) agreed to strengthen cooperation in mineral exploration and geological assessment, including joint investments and knowledge exchange.
During the visit, both leaders discussed ways to deepen bilateral relations, particularly in energy, mining, and green technologies. President Boko also confirmed plans to open a Botswana embassy in Muscat by the end of the year.
Additional initiatives under consideration include launching a direct flight between Muscat and Gaborone to boost trade and strengthen ties between the two nations.
Both sides reaffirmed their commitment to expanding cooperation into new areas, including healthcare, academic exchange, and cultural collaboration.
