It's a Continent
Diamonds Unveiled: Who owns Botswana?
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Episode notes
Botswana was one of the world’s poorest countries at independence – highly dependent on their former coloniser and beef exports. In 1967, De Beers geologists found diamond bearing deposits, changing Botswana's trajectory. The nation had the fastest growing economy in the developing world for over 40 years. Some see Botswana’s story as that of success, as they reversed the “resource curse.” But is Botswana and De Beers' partnership truly equal?
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Sources for further reading:
De Beers in Botswana: a corporations impact on human rights
Botswana rethinking its deal with De Beers
Botswana has always driven a hard bargain with De Beers
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