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Thursday 31 August 2023

Meshack Tshekedi to Leadline Regional Partnership Dialogue at 2023 African Energy Week


The African Energy Chamber (AEC) has announced Meshack Tshekedi, CEO of Botswana Oil, as one of the headline speakers to join the African Energy Week (AEW) 2023 conference and exhibition which will take place from October 16–20 in Cape Town. With a robust background in engineering management and a career marked by excellence, Tshekedi brings invaluable insights to the forefront of Africa's energy landscape.

Tshekedi's illustrious career spans various sectors, including his current role as CEO of Botswana Oil. As a visionary leader, he is committed to advancing Botswana's energy sector, with a strong emphasis on the security and efficiency of fuel supply. His expertise and dedication make him a true trailblazer, poised to inspire and shape the future of sustainable energy solutions in Africa.

Botswana Oil, wholly owned by the Government of Botswana, represents a critical pillar in the nation's energy strategy. Established to ensure fuel supply security and promote active citizen involvement in the petroleum industry, Botswana Oil plays a pivotal role in Botswana's economic development. Under Tshekedi's leadership, Botswana Oil continues to drive innovation and resilience within the country's energy landscape.

Botswana is on the cusp of exciting developments in its oil sector. The nation's untapped oil resources hold immense potential for economic growth and energy self-sufficiency. To fully unlock this potential, Botswana urgently needs significant investment, innovative technologies, and strategic partnerships to ensure the responsible and sustainable development of its oil reserves. Tshekedi's insights will shed light on these promising projects, showcasing Botswana's role as an emerging player in Africa's energy sphere.

In 2022, the Republic of Botswana set to embark on a transformative $2.5 billion coal-to-liquids project through a public-private partnership model. This initiative aims to reduce the nation's dependence on imported fuel and harness its vast coal reserves. During its planned 30-year lifespan, the coal-to-liquids plant is expected to produce an estimated 12,000 barrels of diesel and gasoline per day. This endeavor not only addresses energy security but also demonstrates Botswana's commitment to industrialize its economy while navigating environmental considerations.

Furthermore, as part of its steadfast commitment to enhancing the efficiency and safety of energy logistics, the company has inaugurated the Gaborone Truck Staging Center. This state-of-the-art facility stands as a testament to Botswana Oil's dedication to modernizing and securing the nation's energy supply chain. From strategic partnerships to technological innovations, Botswana Oil continuously seeks to improve the transportation, storage, and distribution of fuel resources. These efforts not only alleviate congestion but also address the broader challenges of energy security and environmental sustainability. Botswana Oil's comprehensive endeavors are a testament to its dedication to the development of a resilient and forward-thinking energy sector in the country.

“As a dynamic player in Africa's energy landscape, Botswana Oil's proactive engagement in the development of the energy sector is truly commendable. The company’s commitment to innovation and partnerships aligns perfectly with the Chamber’s vision for the continent's energy future,” states NJ Ayuk, Executive Chairman of the African Energy Chamber (AEC).

As Botswana and Africa strive for sustainable development and enhanced energy security, Tshekedi's contributions are timely and crucial. His leadership exemplifies a commitment to responsible resource management, environmental stewardship, and ensuring energy security for the continent. His presence at AEW 2023 promises to be a catalyst for discussions and actions that will shape a more sustainable and secure energy future for Africa.

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