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Reading: Lesotho Unveils 10-Year Development Strategy
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The Africa Daily Post > Business > Trade & Investment > Lesotho Unveils 10-Year Development Strategy
Trade & Investment

Lesotho Unveils 10-Year Development Strategy

Adekunle Owolabi
By Adekunle Owolabi Published March 28, 2024 1 Min Read
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The Lesotho Highlands Development Authority (LHDA) unveiled its ambitious 10-Year Strategy on Wednesday, marking a significant turning point in the organization’s history. This comprehensive plan, meticulously crafted through extensive consultations with stakeholders, outlines a long-term roadmap for harnessing Lesotho’s water resources and electricity generation for sustainable socio-economic development.

The ceremony boasted the presence of Lesotho’s Prime Minister and the Minister of Natural Resources, underscoring the national significance of the LHDA’s vision.

Previously, the LHDA operated with 3-year strategic plans. However, recognizing the long-term nature of achieving tangible development and improving Basotho livelihoods, the Authority opted for a 10-year horizon. This shift signifies a steadfast commitment to long-term planning and collaboration.

“The launch represents a crucial tipping point,” declared LHDA representatives. “We are publicly committing to ambitious yet achievable goals for Lesotho’s development.”

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Adekunle Owolabi
By Adekunle Owolabi
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Adekunle, a seasoned journalist renowned for his astute coverage of global affairs, has honed his craft across diverse newsrooms in Lagos, Johannesburg, and Abu Dhabi. Adept at navigating the complexities of political and international diplomacy, he consistently delivers insightful analysis and accurate reporting, earning him recognition as a trusted voice in the field
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