In a historic shift, Botswana's presidential election has brought an end to the 6-decade dominance of the Botswana Democratic Party (BDP), paving the way for new leadership and potential opportunities for startups and innovation. The election results, expected later today, have already shown Duma Boko of the Coalition Umbrella for Democratic Change (UDC) winning 28 out of 61 seats in parliament, while the BDP has only managed to secure 3 seats.

This significant change in leadership could have far-reaching implications for the country's economy, including its startup ecosystem. With a new government in place, there may be opportunities for startups to contribute to the country's development and growth. The UDC's victory could also lead to a shift in policy priorities, potentially creating a more favorable environment for innovation and entrepreneurship.

Botswana's President Mokgweetsi Masisi has conceded defeat, acknowledging that his party will not be able to form a government. This marks a significant milestone in the country's democratic history, and the tech and startup community will be watching closely to see how the new leadership will impact the country's economic and innovation landscape.