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Botswana: World
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The Chobe National Park in Botswana is home to the largest elephant population in the world. This magnificent reserve draws life from the Chobe River and is surrounded by protected wildlife sanctuaries. As the region is barrier free, this allows for large numbers of big game to move freely through these protected reserves
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GABORONE, Botswana -- As global leaders gathered in Davos, Switzerland, for the World Economic Forum in January, officials from President Bush's $15 billion anti-AIDS program issued a news release citing their accomplishments. Nowhere were the numbers more impressive than in Botswana, where 32,839 AIDS patients were receiving life-extending treatment with the help of the U.S. government, they said.
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The very next year, the discovery of enormous diamond reserves in Botswana transformed the poor country's economic prospects. Today it enjoys one of the highest economic growth rates of any country in the world, although its national wealth has not solved the problem of widespread unemployment.
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The economy of Botswana has been growing very fast since it became an independent country in 1966. The people of Botswana have had the world's fastest growth in standard of living since that time.
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The overall freedom to start, operate, and close a business is relatively well protected by Botswana's national regulatory environment. Starting a business takes an average of 108 days, compared to the world average of 43 days. Obtaining a business license takes less than the world average of 234 days. The government has established a one-stop shop for investors, and the process for closing a business is easy and straightforward.
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The World Bank has approved a total of 28 loans and credits for Botswana for approximately US$297.64 million. Botswana has an outstanding debt obligation to the World Bank for about US$11.66 million. Currently there are no active IBRD/IDA projects in Botswana. For more information, visit the
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