Key facts
- Botswana is in talks with the UAE and Oman.
- The goal is to acquire a strategic stake in De Beers.
- The stake is currently held by Anglo American Plc.
- Botswana's President Duma Boko confirmed the discussions.
Botswana is actively pursuing discussions with the United Arab Emirates and Oman as part of its strategy to acquire a significant stake in De Beers. President Duma Boko stated that the nation aims to secure a "strategic" interest in the renowned diamond company, which is currently owned by Anglo American Plc. These negotiations are a key part of Botswana's efforts to deepen its involvement and control over its valuable diamond resources.