Thursday, January 07, 2010

Diamonds are Forever

For many African countries the discovery of diamonds has turned into a curse, with blood or conflict diamonds fuelling exploitation, subversion and division. But in Botswana, its a different story.

The diamond has transformed Botswana from one of the poorest countries in the world, to one of the most prosperous and stable countries in Africa. An inspiring initiative has seen Botswanas vast diamond reserves, worth about three billion US dollars a year, being used to share wealth throughout the nation.

Trade Consultant Ntetleng Masisi says they used diamonds to bring about health facilities, education and a markedly improved quality of life, Masisi says that the partnership is a necessity, The earnings from our exports of diamonds have really done a lot for us. But Botswanas reliance on diamond revenue means that the whole of the countrys future is now in the hands of the diamond dealers.

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