Botswana pivots from diamonds to critical minerals amid revenue drop

2026-02-12 - 15:20

Botswana pivots from diamonds to critical minerals amid revenue drop Botswana, Africa’s largest diamond producer, is rethinking its economic strategy as diamond revenues fell to USD 785 million in 2025-26, a 59% drop from historical averages. Rising stockpiles and the growth of lab-grown diamonds are prompting the government to explore nearly 70% of its unexplored