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