Botswana’s President Duma Boko has confirmed the signing of a historic US$12 billion investment deal with Al Mansour Holdings, describing the agreement as the beginning of “real projects and real change” for the people of Botswana.

In a message posted on his official account, President Boko expressed gratitude to all parties who worked “quietly, patiently and earnestly” to bring the deal to fruition, noting that it was the culmination of months of negotiations between the two sides.

He extended special appreciation to Sheikh Mansour Bin Jabor Bin Jassim Al Thani and his son Sheikh Mahomed Bin Mansoor Bin Jabor Al Thani, who traveled to Botswana to formalize the partnership.

“This is not just about numbers, but real projects & real change for our people,” President Boko said.

The multi-billion-dollar agreement is expected to unlock large-scale investments across key sectors of Botswana’s economy, marking one of the most significant foreign direct investment deals in the country’s history.