Home » Kenyan tycoon Julius Mwale’s $2-billion smart city project expands to Botswana

Kenyan tycoon Julius Mwale’s $2-billion smart city project expands to Botswana

by Feyisayo Ajayi
Julius Mwale

Kenyan tycoon Julius Mwale, the visionary founder of Mwale Medical and Technology City (MMTC), has received official approval to expand his groundbreaking smart city project to Botswana.

This expansion aims to replicate the phenomenal success of MMTC, which has garnered widespread acclaim for its remarkable achievements in addressing chronic and intricate ailments.

The move follows a meeting between Mwale and Botswani Vice President Slumber Tsogwane. The deliberation solidified the decision to expand MMTC to Botswana, as confirmed in a subsequent meeting between Julius Mwale and Botswani President Eric Masisi.

Masisi expressed his profound admiration for Hamptons Hospital, one of the key ventures within MMTC, which is poised to revolutionize the medical sector in Botswana.

Masisi warmly welcomed Julius Mwale and his team, stating: “Our collaboration with MMTC will enable us to expand Hamptons Hospital in Botswana, adopting their successful model.”

The expansion of MMTC to Botswana underscores Julius Mwale’s dedication to fostering innovation and sustainable development across Africa.

His visionary leadership has already made a significant impact, as demonstrated by his recent acquisition of the iconic U.S. business magazine, Forbes.

Valued at $800 million, this landmark deal marks the first time an African investor has held a stake in a global media empire.

With the acquisition, Mwale and a consortium of investors, led by Luminar Technologies CEO Austin Russell, are set to solidify their influence over Forbes’ massive readership of 140 million unique users worldwide.

This acquisition amplifies its presence in the global media landscape, showcasing Africa’s rising prominence and its potential to reshape global perceptions.

Mwale’s expansion of MMTC to Botswana marks a significant milestone in his mission to drive economic growth and transform infrastructure in Africa. 

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