Sunday, June 12, 2011

Gaborone, Botswana

SADC Headquarters

Gaborone, Botswana is a planned city which was built in the 1960s. It has the headquarters of the Southern African Development Community (SADC). It is only 9 miles from the South African border. Its role as the "capital" of Southern Africa makes it one of the most important cities in Africa.

Botswana is primarily English-speaking and has a per capita income of $7,627, and if viewed on a purchasing power parity basis it is much higher. The IMF states it at $15,489, which is 53rd in the world, and 3rd in Africa behind Seychelles and Equatorial Guinea.

The SADC could become an economic union using the Rand as its currency. The Rand is one of only 17 currencies in the world that are continuously linked.

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