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Accelerate your revenue with a new audience of customers throughout Botswana - without friction or complexity.
*The sale of certain products in this market may be subject to international export regulations. If you would like to learn more about selling into this market, lets chat.
Since independence in 1966, Botswana has maintained the highest level of economic growth in Africa and one of the highest in the world. Botswana is the second largest producer of diamonds in the world, and is number one in gemstones. Its second greatest resource is wildlife, the reason for its continued growth in tourism. Low tax regime, absence of exchange controls, access to Southern African market, political stability and availability of skilled and trained English-speaking workforce are advantages to doing business here.
In April 2014, the government passed the Electronic Communications and Transactions Bill and developed a national ecommerce strategy in 2018 to promote the use of ecommerce solutions across all sectors of the economy. A small number of internet users choose to shop online, although regulations and governments controls are working to increase this. In Africa, revenue in the ecommerce market is projected to reach $24.8 million in 2021 and is expected to show an annual growth rate of 13.3%, resulting in a projected market volume of $40.8 million by 2025. The market’s largest segment is fashion with a projected market volume of $7.7 million in 2021.
The most common method of payment for imports from the U.S. is through Letters of Credit, bank drafts or bank transfers. TransUnion offers credit check services on the retail side and the Credit Reference Bureau (CRB) performs credit checks on the banking side.
Cross-Border Fulfillment: Landed Cost is Available.
In-Country Fulfillment: Not available