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Botswana president concedes election defeat, BDP loses power after 58 years

www.aljazeera.com

Botswana president concedes election defeat, BDP loses power after 58 years

But a global downturn in demand for mined diamonds, which account for more than 80 percent of the Southern African exports, has taken a toll on the economy.

Another L for IMF's "export led growth" model causing economic hardships.

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