Lesotho has secured what is being described as the largest foreign investment in its history with the signing of the US$6.2 billion Kobong Project, whose aims include the development of hydropower resources and an artificial intelligence (AI) data centre. Once operational, the project will have a generation capacity of 1.2GW, with an additional 4.6GW of solar capacity. This is expected to increase Lesotho's domestic power capacity, reducing reliance on imports, while supplying energy to an adjacent data centre designed for AI workloads. The development also aims to position Lesotho as a regional hub for AI-driven digital infrastructure, leveraging its climate, natural resources and governance framework. Indeed, Convalt says that Lesotho's climate, abundant land and water, energy potential, and stable democratic government make it a premier data centre location.