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Botswana: Development Bank Lends Nation U.S. $1.5 Billion
allAfrica, 4 June 2009
In a decision reflecting the consequences of the global economic crisis for Africa, the African Development Bank has granted Botswana the largest-ever assistance package of its… Read more »
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Botswana: Big Firm Slashes Diamond Production
Mmegi, 17 April 2009
Debswana will this year cut production to less than half its usual level in a bid to keep the company profitable through to 2010 after which it expects a recovery in diamond… Read more »
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Africa: AfDB Approves U.S.$ 1.5 Billion Budget Support for Botswana
African Development Bank (AfDB), 2 June 2009
The African Development Bank (AfDB) today approved a loan of 1.5 billion US$ for Botswana, one of the best managed economies in Africa. The loan falls within the framework of the… Read more »
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Botswana: Analysts Fear Debswana's Resumption Will Dampen Recovery
Mmegi, 22 May 2009
The opening of Debswana mines after a 50-day shutdown is likely to hold back the international diamond market which was beginning to show signs of recovery, analysts reckon. Read more »
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Botswana: Country Edges Closer to Recession
Mmegi, 15 May 2009
Despite massive effects of the current global economic crisis on Botswana's diamonds, the country is not yet in recession but it is edging closer. Read more »