Botswana courts UAE, Oman to buy De Beers stake

Author: news24.comPublished on: June 5, 2026Country: Botswana
Business & Economy
Botswana courts UAE, Oman to buy De Beers stake

Botswana is seeking buyers from the United Arab Emirates and Oman to acquire its stake in diamond giant De Beers. Botswana president Duma Boko met with Sultan Haitham bin Tariq Al Said to discuss the potential sale. The goal is to diversify the country's economic partners and maximize the value of its mining assets. This move is part of a broader economic development strategy for Botswana.

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