Since their discovery in 1967, diamonds have powered economic growth in Botswana, not only funding infrastructure development, but the rollout of education, health and social services countrywide. Today, Botswana is among the most modernised economies in Africa, with country-spanning highways, world-class aviation industry and healthy per capita incomes. The P24 billion expansion of Jwaneng Mine means diamond revenues and the blossoming value addition industry will continue to support the economy into the 2020s and beyond.
Fast Facts
Capital: Gaborone
Official languages: English, Setswana
Government: Parliamentary republic – President Seretse Khama Ian Khama
Area: 581,730 square kilometres
Population: 2.04 million (preliminary 2011 census data)
GDP (PPP): 2008 estimate – Total $26.563 billion – Per capita $14,906
GDP (nominal): 2008 estimate – Total $13.461 billion – Per capita $7,554
Religion: Secular (Christianity, Muslim, Hindu, Judaism)
Currency (code): Pula (BWP)
Country dialling code: +267
Internet Domain: .bw
About Botswana
A cosmopolitan and peaceful country, Botswana is the perfect place to live and work. Its stability and economic growth have made it a dream destination for many visitors, eager to immerse themselves in the welcoming culture and numerous opportunities available.
The Republic of Botswana is a landlocked country in Southern Africa.Formerly the British protectorate of Bechuanaland, Botswana adopted its new name after becoming independent within the Commonwealth on 30 September 1966. It is bordered by South Africa to the south and southeast, Namibia to the west and north, and Zimbabwe to the northeast. It meets Zambia at a single point.
Geographically the country is flat and up to 70% of Botswana is covered by the Kalahari Desert. Botswana was one of the most impoverished countries in Africa when it became independent in 1966. Today, it is home to a stable political system and a rapidly developing market economy. Being closely tied with the economy of South Africa, the country’s economy is one of the most successful in Africa and is dominated by the fast-growing service sector, world-renowned diamond industry, tourism, and manufacturing. For many decades, Botswana had the highest economic growth rate of any nation. It has held free and fair democratic elections since independence.
The World Bank cites Botswana as one of the world’s great development success stories.
