De Beers transfers $75 million to Botswana as diamond economy searches for life beyond mining
De Beers has transferred BWP1 billion, approximately $75 million, to Botswana’s Diamonds for Development Fund as the country seeks to build new industries beyond the diamond sector that has financed its development for decades.
By Ayodeji AdegboyegaSouth Africa

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De Beers has transferred BWP1 billion to Botswana’s Diamonds for Development Fund. REUTERS/Andrew Winning
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About this article
- Length
- 14 words · 1 min read
- Published
- October 22, 2026
- Byline
- Ayodeji Adegboyega
- Source
- Business Insider