Botswana, Africa's diamond, risks losing its sparkle

By Tiisetso Motsoeneng and Joe Brock GABORONE (Reuters) - When environmental scientist Bakang Bogopa graduated first in his class from the University of Botswana two years ago he did not expect that his first job would be moving furniture or that he would still be living off handouts from his mother. Bogopa, who studied on a government scholarship, is among thousands of unemployed graduates in Botswana who exemplify both the country's swift economic progress in the five decades since independence from Britain, and the challenges it now faces. One of the world's poorest countries in the 1970s, Botswana transformed into one of its fastest-growing economies by harnessing around $3 billion a year in diamond sales, to become the world's biggest producer, and gained middle-income status. Diamond revenues have enabled it to build a much-admired education system, but also allowed the ruling Botswana Democratic Party (BDP), in power since independence in 1966, to secure economic growth without diversifying into newer industries or implementing reforms to develop the private sector.

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