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flag Botswana and De Beers sign deal to boost Botswana's share of diamond sales from 30% to 50% by 2035.

flag Botswana and De Beers have finalized a 10-year sales agreement, allowing Botswana to sell 30% of mined diamonds, rising to 50% by 2035. flag The deal aims to stabilize Botswana's declining diamond revenue, which has fallen from $7 billion to $4.2 billion. flag The agreement, set to be signed by the end of February, also extends Debswana's mining licenses beyond 2029, securing the sustainability of the diamond industry and economic benefits for Botswana.

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