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Vol 64 No 9

Published 27th April 2023


Botswana

What is behind Masisi's gem deal?

Citing resource control, the President is joining with a Belgian start-up diamond trader to challenge the De Beers empire

After 54 years in mining diamonds and 10 years in trading them, Botswana is moving downstream in the business by taking a 24% stake in Belgium's HB Antwerp, a diamond trading, cutting and polishing start-up company.

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