The Venture Capital & Private Equity
Country Attractiveness Index
Alexander Groh, Heinrich Liechtenstein, Karsten Lieser and Markus Biesinger

Botswana  
Rank: 88 · Score: 33.5  

Basic facts, 2020        
Population (millions) 2.4   IPOs and pulic issues (quartile) Bottom
GDP (US$ billions) 15.9   M&A volume (quartile) Bottom
GDP per capita (US$) 6,749.2   Venture capital investments (quartile) Bottom
GDP growth (per cent) -9.6   Private equity investments (quartile) Bottom
 
 
 
Performance Overview
Indicator   Rank / 125 Rank Trend Score
VC/PE Country Attractiveness Index 88 40, 41, 40, 38, 37 33.5
1 Economic Activity 112 10, 15, 12, 15, 13 53.7
2 Depth of Capital Market 90 39, 40, 40, 38, 35 15.9
3 Taxation 92 39, 37, 35, 32, 33 82.8
4 Investor Protection and Corporate Governance 56 79, 78, 74, 72, 69 66.9
5 Human and Social Environment 54 80, 77, 76, 71, 71 32.5
6 Entrepreneurial Opportunities 96 44, 44, 44, 33, 29 34.8


 
Historic performance, 2017-2021   Key driver performance, 2021
 

   
VCPE Rank  
VC Rank  
PE Rank
Botswana  
Africa
 
 
 
Peer Group Comparison
 
Regional Peers Economic Activity Depth of Capital Market Taxation Investor Protection and
Corporate Governance
Human and Social
Environment
Entrepreneurial
Opportunites
Namibia 44.6 39.3 85.7 75.2 32.8 33.3
Rwanda 52.6 21.5 96.9 85.4 34.4 35.5
Tanzania 74.3 15.9 54.2 59.5 29.4 37.0
Botswana 53.7 15.9 82.8 66.9 32.5 34.8
Zambia 60.7 16.9 96.1 57.4 22.4 30.4
Algeria 71.6 9.1 88.1 44.4 28.9 44.8
Malawi 52.6 12.4 79.8 60.2 23.1 29.6
Last updated: 21 Jun 2021