MN Capital group, a top-tier Africa-focused investment communication and support business will be hosting Botswana Insurance Summit 2025, scheduled for March 20-21, 2025, in Gaborone.

The conference will be hosted under the theme “Redefining Insurance in Botswana: Innovation, Regulation, and Growth,”

According to a statement, the premier event will convene industry leaders, regulators, and innovators from across the continent to explore the future of Botswana’s insurance industry. The event comes amid recent analysis which indicates that Botswana’s insurance sector is poised for significant growth, with a projected compound annual growth rate (CAGR) exceeding 7% between 2024 and 2028. The expansion is driven by increased gross written premiums and individual spending on life insurance products.

Additionally, Botswana’s insurance penetration rate stands at approximately 3%, surpassing regional peers and highlighting the sector’s comparative strength. “The Botswana Insurance Summit 2025 arrives at a pivotal moment for our industry,” stated Michael Ndinisa, Chief Executive Officer of MN Capital Group, which its subsidiary is MN Capital Botswana.Furthermore, according to data sourced by Botswana Guardian from Statista, the insurance market in Botswana is projected to reach a market size (gross written premium) of US$2.53bn in 2025. Non-Life Insurances dominate this market with a projected market volume of US$1.29bn in the same year.

Given the dynamic nature of Botswana’s insurance sector, participation in the Botswana Insurance Summit 2025 is essential for professionals seeking to stay ahead of industry trends. The summit will offer exclusive insights into digital transformation, regulatory developments, and sustainability initiatives, providing attendees with actionable strategies to navigate the evolving landscape.

“In our commitment to fostering public awareness and engagement, we are planning an open half-day session on Day 2 of the summit. This session will allow the public to explore various insurance products and services offered by the industry. Details will be confirmed and announced in due course,” said Ndinisa. MN Capital group is a leading advisory firm specializing in capital markets within the region.