Preface by Ministry of Trade and Industry, Government of Botswana

Botswana’s robust growth and the sustained improvement of social indicators over the past decades have been commended on many occasions, and our country has even been celebrated as an “African Economic Miracle”. GDP per-capita has increased more than ten-fold since independence in 1966, when Botswana was among the poorest countries on the continent. However today it has become apparent that this is not enough. Our track record in terms of economic diversification has not been as exemplary nor have we been as successful as several of our Southern African neighbours in attracting foreign investment beyond the extractive sector.