Botswana has marked a historic milestone with the signing of the 2025 Sales Agreement between the Government of Botswana and De Beers Group. The momentous occasion took place at Orapa House, a location deeply significant to Botswana’s journey from diamond discovery to global dominance in the industry.
The agreement cements Botswana’s position as a leading force in the diamond sector, ensuring long-term economic benefits and sustainable growth. Minister Bogolo Kenewendo emphasized that this deal reflects the government’s unwavering commitment to securing economic returns for the nation while solidifying Botswana’s status as the epicenter of the global diamond trade.
Chief Executive Officer of De Beers Group, Mr. Al Cook, hailed the partnership between Botswana and De Beers as the world’s most remarkable public-private collaboration. He underscored the significance of this renewed agreement in strengthening both parties’ shared vision for the future of the diamond industry.
The signing of the 2025 Sales Agreement reinforces Botswana’s strategy to maximize value from its natural resources while fostering job creation, skills development, and economic diversification. As the country continues to build on its legacy in the diamond trade, this milestone marks another step in securing a prosperous future for generations to come.
