Botswana shifts economic strategy amid surging demand for lab-grown diamonds

Sun, 19 Oct 2025 18:21:24 +0000

Botswana is moving to reduce its dependence on diamonds by diversifying within the mining sector, tapping into rare earths and other minerals while ensuring in-country processing to create jobs and add value. Officials say natural diamonds will remain central, marketed for their rarity and provenance to stand apart from synthetics. The country is also working to expand intra-African trade through new trade corridors and digital platforms that make commerce more seamless across borders. #CNN #News