About the Kingdom of Lesotho
The Kingdom of Lesotho, known as “The Kingdom in the Sky”, is a high-altitude country (lowest point 1,400 m; highest point 3,482 m), landlocked by the Republic of South Africa and criss-crossed by a network of rivers and mountain ranges. Lesotho covers an area of 30,355 square kilometres and has a population of 2.1 million (BOS, 2016). The vast majority of the population is Basotho (Lesotho natives) with a small group of Europeans and Asians. The official languages of Lesotho are English and Sesotho. It enjoys a rich history of being famous for peace and stability.
Lesotho is richly endowed in mineral resources, especially famous for producing large quality diamonds and has abundant water reserves. Lesotho has a continental climate with 4 seasons namely summer, autumn, winter and spring.
Lesotho is often referred to as “The Switzerland of Africa” owing to its beautiful sceneries, especially in winter when it has snowed, or in spring when The Alpine Flora of Lesotho such as the Spiral Aloe and the Red Hot Pokers blossom.
Lesotho’s Highlands are the country’s main tourist attraction with spectacular cliff formations and deep gorges found in the Maloti and Drakensberg mountain ranges. The Sehlaba-Thebe National Park, found in the Drakensberg Range area, has been declared a world heritage site and is home to over 2,500 species of plants and contains the world’s richest concentrations of Stone Age rock art with more than 30,000 individual paintings recorded.
Landmarks in Lesotho include Mount Qiloane and Thaba-Bosiu, a fortress stronghold where King Moshoeshoe I established the capital of Lesotho in the early 19th century. Thabana-Ntlenyana, at 3,485 metres, is the highest mountain in Southern Africa, whilst Maletsunyane (Semonkong) Falls – below – is one of the tallest single-drop waterfalls in the world, plunging 192 metres (below).
The beautiful Kingdom of Lesotho offers investors unique opportunities to explore. The links below provide information about currently available opportunities.
- Capital injection needed to develop world’s highest altitude eco-distillery
- Seeking JV investment partner for expanding agro-processing company
- Invest in the establishment of a call centre in Lesotho
- National Broadband Network (NBN) Initiative
Interested investors are invited to contact the Lesotho National Development Corporation (LNDC) for more information or a discussion.
About Lesotho National Development Corporation
The Lesotho National Development Corporation (LNDC) is the main parastatal of the Government of Lesotho charged with the implementation of the country’s industrial development policies. The Corporation was established by an Act of Parliament known as Act No. 20 of 1967. It was amended as Order No. 13 of 1990 and again as Amendment Act No. 7 of 2000 which became effective on 25th October, 2000. The role of the Corporation is to promote Lesotho as an attractive investment location for both foreign and indigenous investors.
LNDC is wholly owned by the Government of Lesotho and falls under the Ministry of Trade and Industry, Cooperatives and Marketing which is responsible for providing overall policy direction on industrialization.