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Botswana’s Strategic Acquisition of De Beers Transforms Diamond Industry...
11 Nov, 2025 11:38 159 min read
Botswana is making a historic move to acquire an 85% controlling stake in De Beers from Anglo American, a bold step in resource nationalism to capture greater value from its diamond wealth. This acquisition, complicated by a rival bid from Angola, would fundamentally reshape the global diamond market by shifting pricing power to a producer nation. The move promises to transform Botswana's economy through vertical integration, creating skilled jobs and diversifying beyond raw exports. While facing significant financial and regulatory hurdles, a successful purchase would mark a strategic shift from supplier to dominant owner in the industry.... More