Post-Diamond Botswana: Opportunities for entrepreneurs & investors
When we published Botswana’s Trade Profile, one of the things we highlighted was Botswana’s over-dependence on diamonds:
“...the bulk of Botswana’s trade is linked to the diamond industry. As of 2022 (most recent data from World Integrated Trading Solution), Diamonds made up a significant 86.8% of all exports.”
During the research, I came to learn of the Pula Fund - a national sovereign wealth fund project looking to wean Botswana off of that diamond dependency. The existence of this wealth fund promted us too look into how entrepreneurs can take advantage of this strategic shift in priorities which we believe will only become more of a concern as the diamond industry is going through a major disruption…
Tagged: Bank of Botswana, Botswana, corporate income tax, Diamonds, Fairgrounds, Francistown, gem-quality diamonds, Greater Palapye, industrial diamonds, Lab-grown diamonds, Lobatse, luxury goods