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GABORONE, Botswana — Faced with declining demand for its diamonds, Botswana, Africa’s top producer of the gems, is recording modest success in its attempts to diversify the economy and reduce reliance on the minerals. Demand for the gems has been reducing over the years, a situation that has worsened during the COVID-19 pandemic—which also severely affected the tourism sector, the country’s second-biggest revenue earner. The latest figures from Statistics Botswana for January indicate that Botswana’s total export value rose by 43.7 percent—approximately $239,800 from $548,890 rec...

Botswana Searches For ‘New Diamonds’ To Diversify Economy Botswana Searches For ‘New Diamonds’ To Diversify Economy Comments Off on Botswana Searches For ‘New Diamonds’ To Diversify Economy GABORONE, Botswana — Faced with declining demand for its diamonds, Botswana, Africa’s top producer of the gems, is recording modest success in its attempts to diversify the economy and reduce reliance on the minerals. Demand for the gems has been reducing over the years, a situation that has worsened during the COVID-19 pandemic—which also severely affected the tourism sector, the countr...