Botswana, An Economic Miracle. From 2nd Poorest Country To Fastest Growing Economy In The World....

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Botswana, in southern Africa, was the second-poorest nation in the world after achieving independence from Great Britain in 1966. There were just 12 kilometers of paved roads in the entire nation, despite it having a territory roughly the same size as Spain. His people were largely uneducated, and there were no universities, hospitals, or other educational institutions. Only 22 persons, even within the small educated population, had graduated from college, and only roughly a hundred more had completed high school. The majority of the populace relied solely on cattle herding and subsistence farming because the nation lacked a formal economy. But five decades later, Botswana stands out as one of the most astonishing success stories in economic development. How did Botswana achieve this status, how did its economy undergo such a miracle, and how did it change? Follow Africa Reloaded to the end to learn more.
Today, Botswana is the greatest producer of gem diamonds in the world and one of the few middle-income nations in sub-Saharan Africa. According to a recent estimate, Botswana's GDP per capita is just over $18,500, ranking it above Brazil and Iran and with nations like Mexico and Turkey. The least corrupt nation in Africa, Botswana, scored higher than South Korea, Italy, and China on the most recent Transparency International Corruption Perception Index. In addition to having the longest-running multiparty democracy in Africa, Botswana is also among the continent's most tolerant and tranquil nations. There are many reasons why Botswana has been successful, but one of the most crucial ones was the visionary leadership of Sir Seretse Khama, the country's first president, who was portrayed by British Nigerian actor David Oyelowo in the 2016 movie a United Kingdom.

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