Investing in Lesotho
Embark on a journey into key investment industries today, delving into the potential of Renewable Energy, Mining, Agro-Industry, Manufacturing, Infrastructure, and Construction. Explore thriving sectors where opportunities abound, shaping a brighter, sustainable future through impactful investments. Embrace the possibilities, and together, let’s embark on this transformative investment journey.
Starting a business in Lesotho
Hydroelectric power
Lesotho's Mountain Water
Cannabis
Diamonds
Business
Starting a business in Lesotho
With the one stop Business facilitation centre, starting a business in Lesotho has never been easier. The OBFC is a full service point through which one can register and licence their business easily and online. This is just one of the ways in which we are committed to upgrading the ease of doing business in the country. The services are linked to Revenue Services Lesotho making it a seamless integration for businesses to also register for tax on the same platform.
Power
Hydroelectric Power
Through the Lesotho Highlands Water Project, Lesotho generates water for Gauteng, a province in neighbouring South Africa as well as hydroelectric power for Lesotho. The project, established in 1986 by a bilateral treaty between Lesotho and South Africa. By harnessing the water of the Senqu river in the highlands of Lesotho through the construction of a series of dams. There are currently five dams planned as part of the LHWP in a phased approach. Currently the Muela hydroelectric station has a capacity of 72MW and produces electricity for Lesotho’s domestic needs. Phase II of the LHWP is currently under way in Polihali with the construction of the Polihali dam and transfer tunnel. Read more about the LHWP here.
Investment
Lesotho's Mountain Water
Lesotho, known as "The Water Tower of Southern Africa," boasts an extensive and plentiful water supply that presents a myriad of investment prospects. These opportunities span across various sectors, including hydropower, hydrogen production, water-based recreational activities, as well as aquaponics and other agricultural ventures. With its abundance of water resources, Lesotho offers a fertile ground for diverse and promising investment endeavours, making it an appealing prospect for potential investors looking to capitalise on the country's unique hydro-centric advantages.
Cannabis
Cannabis
A combination of our high altitude and winds positions us with the best climate in the world for the harvesting of Medicinal cannabis. The rugged terrain of the Lesotho highlands offer a ripe landscape for different strains of cannabis to flourish.
The country legalised the harvesting of cannabis for medicinal use in 2017 and since then companies have taken advantage of the change in legislation to export high grade medicinal cannabis to countries in Europe.
Natural resources
Diamonds
First discovered in 1957 by Mrs Ernestine Ramaboa, diamond mining in Lesotho has produced some of the world’s top-quality diamonds. Letseng Diamond Mine has the distinction of being the highest diamond mine in the world. Click here for more information.
Our diamond industry has created employment and development in the remotest part of the country where the diamond mines are located. Investing in Lesotho’s diamond industry does not only mean raw diamonds as there are a myriad of industries that offshoot from our high-quality diamonds.