Botswana will have access to the Indian Ocean under the terms of a memorandum of understanding signed with the Mozambican government last week in Gaborone, the Botswana press reported, noting the Botswana would export its products via the ports of Beira and Maputo.
Botswana launched an ambitious programme to explore its coal reserves estimated at 212 billion tons, most of which will be exported to Asian markets using routes to the East via Zimbabwe and Mozambique.
Economic feasibility studies are currently underway for expansion of rail and port facilities, with preliminary estimates pointing to Botswana exporting 2 million tons per year through Mozambique, which may increase to 60 million tons per year when facilities have been modernised and expanded.
Botswana’s minister for Trade and Industry, Dorcus Makgato-Malesu, said on the occasion that the memorandum of understanding would make it possible to develop technological cooperation between the two countries and the Mozambican minister for Trade and Industry said he hoped that the memorandum would boost cooperation between the two countries, which are both members of the Southern African Development Community (SADC). (macauhub)