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Lesotho verfügt über wirtschaftliche Stärken wie bedeutende Wasserressourcen, Diamantvorkommen und Handelspräferenzen mit den USA und Südafrika. Gleichzeitig ist das Land stark von Südafrika wirtschaftlich abhängig, leidet unter hoher Arbeitslosigkeit, Armut und begrenzter Diversifizierung. Die Wirtschaft wird vor allem von der Textil- und Bekleidungsindustrie sowie von Überweisungen im Ausland arbeitender Bürger getragen. Ergänzend spielen Landwirtschaft, Diamantenbergbau und Wasserexporte eine wichtige Rolle.
The agreement Lesotho signed with US-based Convalt Energy to develop a 1,200MW hydropower project and an AI data centre is valued at almost three times Lesotho's GDP....
The agreement Lesotho signed with US-based Convalt Energy to develop a 1,200MW hydropower project and an AI data centre is valued at almost three times Lesotho's GDP....
Convalt Energy, a US-based company, agreed to spend $6.2 billion to build a 1,200-megawatt hydro-power project and an artificial intelligence data center in Lesotho....
Much of Johannesburg's water comes from Lesotho's highlands, where a major dam project could shape the future of supply as aging infrastructure and climate pressures strain the system. The project is also a major source of revenue for Lesotho, generating hundreds of millions of dollars each year. Bloomberg's Jennifer Zabasajja reports. (Source: Bloomberg)...
Women gather outside factories hoping for work as the economy struggles under US export taxesEvery morning at 7am, women gather outside clothing factories in Maseru, the capital of the southern African mountain kingdom of Lesotho, hoping to be offered work. However, since Donald Trump imposed swingeing global tariffs in April 2025, those opportunities have been fewer and farther between.Moleboheng Matsepe lost her full-time job sewing sports leggings for the California brand Fabletics in 2023. She was initially able to pick up three-month contracts, but has not had any work since September. Continue reading......
This week, Arizona State University President Michael Crow explains how AI is reshaping the way students learn, teachers teach and universities prepare for the future. Leaders at Waabi, Penske, and the Port of Los Angeles explain how artificial intelligence could make supply chains faster, smarter, and more resilient. Plus, US tariffs and the end of AGOA have hit Lesotho's textile industry hard. How can one of Africa's smallest economies respond?. Later, why are billion-dollar startups waiting so long to go public? (Source: Bloomberg)...