
Analysis · Southern Africa6 min read
Botswana doubles down on De Beers—without the control Boko once promised
President Duma Boko says Botswana will lift its De Beers stake to 30% under a consortium buyout of Anglo American’s 85%, becoming the largest shareholder. But the figure is still being negotiated, the price reflects a shrunken company, and producer states are taking on more of the risk.
