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The Fastest Growing Economy on Earth: Botswana
The Fastest Growing Economy on Earth: Botswana Baka Omubo 66 Views • 4 years ago

Botswana is the fastest growing economy in history, But how could that possibly be the case? Why is it so fundamentally better off than all of those that surround it? and Is the miraculous growth just too good to be true?

Miraculously there appears to be a single extraordinary exception to the narrative of poverty in Africa. Straddling the Kalahari Desert in the interior of southern Africa lies the fastest growing economy for the last 50 years. Botswana for all intents and purposes looks identical to its neighbors and this is why in 1965 it was the 7th poorest nation on earth. But over the subsequent decades Botswana has maintained a political structure that's integrity rivals those in Europe, lifted a vast majority of its population from abject poverty, maintained civil and national peace, and invested the revenues of its natural wealth into its future and its people.

--Contents of this video--------------------------------
00:00 - African Economy
01:08 - Botswana Fastest Growing Economy
02:21 - Brief History of Botswana
05:21 - Botswana's Unique Institutions
06:27 - Independence
07:03 - Fastest Growing Economy Ever
08:06 - Seretse khama
09:04 - Diamond Revenue
10:32 - Too Good to be True?

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--Sources used---------------------------------------------
Books:
-Botswana – A Modern Economic History
-Why Nations Fail: The Origins of Power, Prosperity, and Poverty

Scholarly Articles:
-An African success story: Botswana
-The political state and the management of mineral rents in capital-surplus economies: Botswana and Saudi Arabia

--Audio used------------------------------------------------
-Accralate - The Dark Contenent by Kevin MacLeod is licensed under a Creative Commons Attribution 4.0 license. https://creativecommons.org/licenses/by/4.0/
Source: http://incompetech.com/music/r....oyalty-free/index.ht
Artist: http://incompetech.com/

-Artifact - The Dark Contenent by Kevin MacLeod is licensed under a Creative Commons Attribution 4.0 license. https://creativecommons.org/licenses/by/4.0/
Source: http://incompetech.com/music/royalty-free/index.html?isrc=USUAN1100324
Artist: http://incompetech.com/

#Botswana #FastestGrowingEconomy #Economics #History

Boko Haram: Stop sponsoring terrorism in Africa, protesters tell Macron
Boko Haram: Stop sponsoring terrorism in Africa, protesters tell Macron Baka Omubo 66 Views • 4 years ago

The Movement Against Slavery and Terrorism (MAST) has cautioned France President, Emmanuel Macron, to stop sponsoring terrorism in Nigeria and other African nations.

The Pan-African group made their voices heard on Wednesday at the end of a one-day walk to the French embassy in Abuja, Nigeria's federal capita city.

The visibly frustrated Africans, numbering in their hundreds demanded that the French authorities must end ties with Boko Haram/ISWAP terrorists which it has routinely armed.

Addressing the media in front of the French consulate, convener, Princess Ajibola said the mission was to get Macron's attention that Nigeria is a sovereign nation and any attempt to compromise its territorial integrity would be resisted.

According to madam Ajibola, the group has overwhelming evidence to back its claim that the European nation is indeed behind the recent upsurge in terrorism in the country.

The group reckoned the French action is born out of greed - hinged on economic benefits owing to the avalanche of economic resources in the North-East, particularly the Lake Chad Basin region.

The Movement Against Slavery and Terrorism, therefore, warned the French authorities to desist from further mischief which has undermined the remarkable gains of the Nigerian Army.

The group also called the attention of the United Nations to the crime against humanity being perpetrated by Macron.

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