Botswana Renews and Expands Diamond Partnership with De Beers
- Botswana signed a new 10-year diamond sales agreement with De Beers through 2033.
- The deal also includes 25-year mining licenses for Debswana through 2054.
- Botswana's president pushed for a larger share of Debswana's diamond output.
- Diamond sales make up two-thirds of Botswana's foreign currency income and one-fifth of its GDP.
- The deal ensures De Beers will continue to operate in Botswana, the world's largest diamond producer.
Forbes 
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