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The government of Botswana has signed a major deal with De Beers, the largest producer of diamonds in the world, defining the next several decades of their dealings.
By PA/TPN, in Africa, World, Business, Economy · 08 Mar 2025, 16:31 · 0 Comments
Botswana’s share of the diamonds produced by this venture Debswana will increase by 25 percent to 50 percent, with the country receiving $712 million in development funding.
The mining licenses for Debswana were set to expire in 2029, but have now been extended through 2054.
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