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Southern Africa

Botswana

A diamond economy seeking a broader base for growth

Overview

Botswana is a landlocked Southern African country whose modern economy has been shaped by diamond mining. Diamond exports and public revenues have supported development, but dependence on a single commodity leaves the economy exposed to changes in global demand.

Diversification is a central priority, with opportunities in tourism, agriculture, manufacturing and services. The Okavango Delta anchors an internationally recognised wildlife-tourism industry, while expanding private-sector employment and skills remains important to widening opportunity.

On the rise

Wildlife tourism, value-added production and regional trade offer Botswana ways to build beyond diamonds — with job creation and resilience to commodity cycles central to that transition.