In April, the Commonwealth Enterprise and Investment Council’s investment forum welcomed a trade and investment delegation from Lesotho, led by Deputy Prime Minister Mothetjoa Metsing – held at London’s Marlborough House.
Following an interview with the Deputy Prime Minister, fDi Intelligence (specialist division of The Financial Times) has published a Q&A in which Metsing outlines Lesotho’s strategic priorities – notably enhancing the country’s promising mining industry – that will provide the revenue to secure the economy’s wider diversification.
Metsing says, “if things go according to our [expectations], the mining industry will become one of the largest contributors to government revenue and assist us in increasing the per capita income for the country”. In this respect, it is expected that Lesotho will follow in the footsteps of other African countries such as Botswana by graduating from the “least developed country” status by developing both its workforce’s skillsets and welcoming foreign investment.
To read the full article, please click here (subscription required).