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Botswana to Diversify its Diamond-dependent Economy by Launching into the Medicinal Cannabis Market

Farmers inspecting cannabis plants in a field under a clear sky.

Diamonds make up about 80 percent of the southern African country’s foreign earnings. “The decline in diamond revenues by over 60 percent in recent years is a clear signal that we can no longer afford to depend on a single commodity,” President Duma Boko said. Boko’s government aims to attract investors to high-potential sectors such as renewable energy, agriculture, tourism and technology. Other plans for job creation lay in boosting manufacturing and construction, as well as encouraging youth entrepreneurship and innovation.

FRANCE 24

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