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A sleepy African city is rapidly being turned into a major global trading centre.
After decades of just mining rough diamonds, Botswana's capital Gaborone now cuts, polishes and sells the precious stones itself.
Most people may be unable to find Gaborone on a map, but it's becoming a regular destination for global diamond traders and that's changing the economy here.
This dusty, low-rise city is being transformed, as high-rise flats and hotels are constructed and businesses bet it will mean a boost for them.
Diamond-related companies are setting up factories in anticipation of the global mining giant De Beers relocating its sales business here from London.
Soon, $6bn (£4bn) worth of diamond trades will take place here, attracting buyers from around the world.
Botswana: From sleepy backwater to global diamond hub
BBC News - Botswana: From sleepy backwater to global diamond hub
A sleepy African city is rapidly being turned into a major global trading centre.
After decades of just mining rough diamonds, Botswana's capital Gaborone now cuts, polishes and sells the precious stones itself.
Most people may be unable to find Gaborone on a map, but it's becoming a regular destination for global diamond traders and that's changing the economy here.
This dusty, low-rise city is being transformed, as high-rise flats and hotels are constructed and businesses bet it will mean a boost for them.
Diamond-related companies are setting up factories in anticipation of the global mining giant De Beers relocating its sales business here from London.
Soon, $6bn (£4bn) worth of diamond trades will take place here, attracting buyers from around the world.
