Botswana and De Beers Seal New Agreements for Long-Term Prosperity

Gaborone — Botswana and De Beers Group have signed new agreements marking a shared commitment to long-term national prosperity, youth empowerment, and sustainable economic diversification.

Delivering the State-of-the-Nation Address (SONA) on November 10, President Advocate Duma Boko said under the new arrangements, Okavango Diamond Company (ODC) would access an increased portion of Debswana diamonds starting at 30 per cent, rising to 40 per cent, and ultimately reaching 50 per cent over the…