The audacity to be a unicorn

Executives at the Minerals Development Company Botswana (MDCB) seem to particularly enjoy the use of graphs. Given that the many of the officials at the state-owned minerals investment firm have backgrounds either in mining or investment, the preference is understandable.

One graph in particular elicits both hope and apprehension. Frequently shown at MDCB’s public presentations, the graph shows both the gloom of a post-diamond future and the opportunity for new revenue or growth streams to emerge for the country.