De Beers transfers $75 million to Botswana as diamond economy searches for life beyond mining
The payment provides the initial capital for a fund designed to support industrial development, export competitiveness, enterprise growth and employment
Africa’s diamond powerhouse could raise De Beers stake to 25% as consortium advances bid for Anglo American’s diamond business
The government currently owns 15% of De Beers, while Anglo American holds the remaining 85% and is
Botswana’s 2,488-carat Motswedi diamond, world’s second-largest, finds buyer after two years
Canada-based Lucara Diamond disclosed the sale in its Q2 2026 results released on August 7, stating that the 2,488-carat Motswedi was included in the quarter’s $41 million revenue