Lesotho, a high-altitude, landlocked kingdom encircled by South Africa, is crisscrossed by a network of rivers and mountain ranges including the 3,482m-high peak of Thabana Ntlenyana. On the Thaba Bosiu plateau, near Lesotho’s capital, Maseru, are ruins dating from the 19th-century reign of King Moshoeshoe I. Thaba Bosiu overlooks iconic Mount Qiloane, an enduring symbol of the nation’s Basotho people.

The economy of Lesotho is based on agriculture, livestock, manufacturing, mining, and depends heavily on inflows of workers’ remittances and receipts from the Southern African Customs Union (SACU). Lesotho is geographically surrounded by South Africa and is economically integrated with it as well.

Reasons to invest in Lesotho:

  • Lesotho has an estimated population of 1.97 million comprising mostly of younger population (less than 25 years) which makes up about 50.6% of the population, those in the age bracket of 25-64 years makes up about 43.8% of the population and above 65 years age group makes up about 5.6% of the population.
  • The country’s geographical position provides investors with access to the regional market (SADC) of 16 countries with an estimated 200 million population and GDP of $600bn.
  • The textile and garment industry are the country’s largest private sector employer as garments produced are usually exported to South Africa and the US.
  • Main exports include clothing, footwear, diamonds, electricity, wool and mohair, food and live animals etc. Major imports include petroleum product, foodstuff, machinery, medicine, building materials, vehicles etc
  • Lesotho’s charming landscape and snow-covered mountain slopes, ideal for skiing, foster tourism. Investment opportunities are available in the following sector agro industry, manufacturing, renewable energy, mining, infrastructure and construction, ICT, financial services, and tourism.

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