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Nornagest comments on Politics Discussion Thread February 2013 - Less Wrong Discussion
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I know very little about the history of that part of the world, but the GDP graph for Zimbabwe has quite an unusual shape. (Graph shows per-capita GDP in 2000 dollars, with aggregate data for all of sub-Saharan Africa displayed for comparison.) On the other hand, "practically a first-world country" sounds like an exaggeration at best: as the graph shows, GDP per capita was actually below that of sub-Saharan Africa in general until the first of those spikes, and fell back again after.
For a very different story, see Botswana, which Wikipedia informs me gained its independence from Britain in 1966.