Can Botswana Survive the Lab-Grown Diamond Boom? | Next Africa
September 4, 2025
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15:18Now PlayingCan Botswana Survive the Lab-Grown Diamond Boom? | Next Africa
YouTube Description
as posted by the channelBotswana became one of the richest countries in Africa because it's the world's biggest producer of diamonds by value -- but with lab-grown gems soaring in popularity, the sparsely-populated desert nation is facing a social and economic existential crisis
President Boko has pledged to diversify the economy away from its over-reliance on a single resource, but the changes may have come too late.
On this week’s episode, Bloomberg’s Matthew Hill and Botswana-based reporter Mbongeni Mguni join Jennifer Zabasajja to discuss their latest reporting from the region, and what the impact of the diamond slump looks like on the ground in Botswana.
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Each week, Jennifer Zabasajja provides a deep dive into the business stories that shape Africa. Join Jennifer and our Bloomberg reporters as they lift the lid on the news driving the continent.
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