Botswana signs long-delayed diamonds deal with De Beers-March 2024-www.financetom.com

Botswana signs long-delayed diamonds deal with De Beers

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Botswana signs long-delayed diamonds deal with De Beers

Feb 25, 2025 4:37 AM

GABORONE (Reuters) - Botswana's government on Tuesday signed a long-delayed diamonds sales agreement with Anglo American unit De Beers.

Negotiations over the deal started in 2018.

In 2023 the two sides provisionally agreed terms under Botswana's previous president, but they never formally signed an agreement.

New President Duma Boko, who swept to power last October, made signing the deal with De Beers a priority.

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