Botswana’s Pivot: Beyond Diamonds, Rare Earths & In‑Country Processing | CNN2.0

3 days ago
2

💎 With natural diamond prices down ~40% and lab‑grown demand rising, Botswana seeks strategic control of the diamond sector (including a potential majority stake in De Beers) while reforming it for resilience. 🛠️ Diversification within mining: tapping rare earths and other minerals, with strict in‑country processing/beneficiation to create jobs and retain more value domestically. 🧭 Natural diamonds will be marketed on rarity and provenance to differentiate from synthetics and appeal to discerning buyers. 🌍 Intra‑African trade push: building new trade corridors and seamless digital platforms to interconnect markets, aggregate output, and lower cross‑border frictions. 💼 Investment attraction: exploring citizenship‑by‑investment to mobilize capital and skills for private‑sector‑led growth; national morale marked by a new Sept 29 holiday celebrating a world relay gold. #Hashtags
#Botswana #Diamonds #LabGrown #RareEarths #Beneficiation #IntraAfricaTrade #TradeCorridors #DigitalTrade #Investment #CNN2Point0

Loading comments...