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Lesotho Eyes Bigger Deal In $300m Water Trade With South Africa
Summary by The Heritage Times
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1 Articles
Lesotho Eyes Bigger Deal In $300m Water Trade With South Africa
By Emmanuel Nduka Lesotho reportedly earns more than $300 million annually by supplying water to neighbouring South Africa – a lifeline that is becoming increasingly valuable as water pressure intensifies across the region. With an economy valued at just over $2 billion and traditionally reliant on textiles and diamond exports, Lesotho is leveraging its natural highland reserves to generate significant national income. This is water royalties al…
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