Forbes Under 30: Govt pledges P2.8m and support for 200 Batswana

With the much-anticipated Forbes Under 30 Summit just under a month away, the excitement around the event is palpable. The Minister of Investment, Trade and Industry, Peggy Serame this week told a press briefing that as the host, the government will contribute $250, 000 with the private sector expected to raise the remaining $750, 000.

The world’s most elite young entrepreneurs and game-changers will convene in Botswana from the 19th-23rd April for the $1million (P11 million) Summit. The four-day event will take place in Gaborone and Kasane. Out of the 600 participants, 200 will be from Africa, 200 from Forbes 30 Under 30 worldwide and 200 from Botswana. According to the Minister, about 37 countries will take part in the much-anticipated event.

The selection criteria of the participants will be based on the Forbes Under 30 requirements. It is understood that while the government hopes the private sector will help support the local participants, it is prepared to pick up the bill for the 200 local delegates. To participate, each delegate is required to pay US$2,100. 

“This summit is a real public-private partnership and we are confident that we will raise the required amount to host the event. The government together with the private sector will provide financial and operational support,” she said. 

Hosted in partnership with the Botswana President’s initiative, the Summit will also provide rich cultural immersion opportunities and a rare international networking environment for young entrepreneurs. 

According to Minister Serame, the Summit is aimed at creating opportunities for the youth, with a clear focus on entrepreneurship development. Across the four days, participants will harness the power of entrepreneurial capitalism throughout the continent whose growth will help define the 21st century.


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