SA INVESTORS IN PETROLEUM, MINING SHOW INTEREST IN ESWATINI

MBABANE – Eswatini’s petroleum and mining sectors could soon see significant investment following a high-level meeting between Minister of Natural Resources and Energy,Prince Lonkhokhela, and a delegation of South African investors.

The delegation, which included representatives from Petrosa, Arc Fuels, and Masemanzi Mining Holdings, engaged in discussions aimed at exploring investment opportunities within the kingdom’s natural resources sector.

Commitment

The meeting underscores Eswatini’s commitment to attracting foreign direct investment (FDI) to boost economic growth and sustainable resource development. Speaking during the engagement, Prince Lonkhokhela welcomed the investors and highlighted the government’s commitment to creating a conducive business environment for investors in the energy and mining sectors.

Emphasised

He emphasised the importance of strategic partnerships in unlocking the country’s resource potential, creating jobs, and driving industrial growth. The South African firms expressed keen interest in Eswatini’s petroleum exploration prospects and mining opportunities, signaling potential future collaborations that could position the country as a key player in the regional energy and minerals market.

The meeting aligns with the government’s broader vision to enhance investment in natural resources, ensuring that the sector contributes meaningfully to Eswatini’s economic development. Further engagements are expected as the discussions progress toward tangible investment agreements.

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