Is Botswana Getting A Raw Deal From De Beers Diamonds - The World News ((hot))

Following years of arguing they received a raw deal, Botswana is leveraging a landmark 2025 sales agreement to pursue majority control of De Beers amidst Anglo American's restructuring. As of April 2026, the government is seeking to acquire an 85% stake to transition from a junior partner to controlling owner of the diamond giant. For more details, visit Bloomberg.

Botswana and De Beers signed a landmark 10-year sales agreement in February 2025, increasing the nation’s share of rough diamonds from 25% to 50% by 2035 and extending mining licenses to 2054. While designed to address economic imbalances, the deal operates amid significant market volatility and rising stockpiles, with some critics questioning if the terms sufficiently mitigate risks. Read the full details of the agreement on Reuters. Botswana's Diamond Stockpile Hits 12m Carats - IDEX Online Following years of arguing they received a raw

The Value Chain Disparity

The central argument for Botswana getting a "raw deal" revolves around value addition. Botswana and De Beers signed a landmark 10-year

Perhaps the most significant "raw deal" isn't about the diamonds themselves, but the dependency they created. Botswana’s economy is a "monoculture." When the diamond market sneezes, Botswana catches a cold. Botswana's Diamond Stockpile Hits 12m Carats - IDEX