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<title>SAGIRE – botsuana</title>
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<item><title>Botswana&#x27;s President Duma Boko announced in Parliament on Monday that the country will double its stake in De Beers to 30% under a proposed deal by a consortium of investors to buy Anglo American&#x27;s…</title><link>https://sagire.online/wire/76a1a837/</link><guid isPermaLink="true">https://sagire.online/wire/76a1a837/</guid><pubDate>Mon, 09 Nov 2026 17:23:00 -0300</pubDate><description>Botswana&#x27;s President Duma Boko announced in Parliament on Monday that the country will double its stake in De Beers to 30% under a proposed deal by a consortium of investors to buy Anglo American&#x27;s shares in the company. The move would make Botswana the largest single shareholder in De Beers, the world&#x27;s leading diamond company, and Boko endorsed the Global Diamond Consortium as the proposed buyer. Anglo American put its 85% stake in De Beers up for sale in 2024 as part of a restructuring focused on minerals expected to boom from the transition to green energy and a downturn in the diamond market. The consortium is led by former De Beers CEO Gareth Penny and was selected as the preferred bidder, according to Reuters in a text republished by CNBC Africa. Boko said Namibia and Angola would also be involved in the deal, though he gave no details.</description><category>botsuana</category><category>Critical minerals</category><category>Africa</category><category>Economy</category></item>
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