Wednesday, August 21, 2013

Botswana: A country rises from sleepy backwater to global diamond hub

A sleepy African city is rapidly being turned into a major global trading center.

After decades of just mining rough diamonds, Botswana's capital Gaborone now cuts, polishes and sells the precious stones itself.

Most people may be unable to find Gaborone on a map, but it is becoming a regular destination for global diamond traders and that is changing the economy.

This dusty, low-rise city is being transformed, as high-rise apartments and hotels are constructed and businesses bet

More details here...

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