Editor’s Note
While Botswana has famously avoided the “resource curse” that plagues many commodity-rich nations, the global diamond industry itself is facing new pressures. As the country seeks greater value from its gems, disruptive forces—and the strong reactions they provoke—are reshaping the market.
Botswana Escapes the Resource Curse
Botswana has escaped the resource curse – unlike many African countries. Now, the world’s second-largest diamond producer wants more.
Samuel Misteli, Nairobi
“Shut up!”
A Belgian diamond startup is stirring up the industry and facing resistance.