Botswana has slipped to 15th place among 31 African economies in the 2026/27 edition of RMB's Where to Invest in Africa report, published this month, with falling diamond revenues identified as the cause rather than any institutional weakness.
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Meta description: Botswana ranks 15th in RMB's 2026/27 Where to Invest in Africa report. Strong institutions hold, but lab-grown diamonds and falling revenues test the economic model.
Category: Economy
X post: Botswana's institutions remain solid, but the diamond downturn is testing decades of economic policy. The new RMB investment report explains what comes next.
Image caption: Botswana's diamond sector faces falling revenues as lab-grown stones erode demand for natural gems. Photo: The Business Weekly & Review
Botswana has placed 15th among 31 African economies in the 2026/27 edition of RMB's Where to Invest in Africa report, with the ranking published in early November 2026 attributing the pressure on the country's investment position to falling diamond revenues rather than any institutional weakness.
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Botswana's institutions remain among the strongest in Africa, yet a slump in the diamond industry is testing the economic model that has served the country for decades, according to the 2026/27 edition of RMB's Where to Invest in Africa report.
The country now ranks 15th among the 31 African economies assessed, and the cause is not political. It is the erosion of diamond revenues by lab-grown stones, a disruption that has contributed to job losses and declining GDP over the past two years.
What the RMB report says about Botswana
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