Tuesday, June 19, 2007

Botswana looks to beef, coal to diversify economy

(Reuters) - Diamond-rich Botswana plans to diversify its economy base by increasing beef and coal exports while cautiously expanding tourism, President Festus Mogae said on Tuesday.

Diamonds generate half of Botswana's revenue and a third of gross domestic product, which has grown an average 8 percent a year in the past two decades, making it one of the region's best-performing economies.


Read more at Reuters Africa

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