{"id":38557,"date":"2023-11-15T16:08:00","date_gmt":"2023-11-15T16:08:00","guid":{"rendered":"https:\/\/www.africa-press.net\/botswana\/all-news\/diamond-industry-continues-to-grow"},"modified":"2023-11-15T17:24:42","modified_gmt":"2023-11-15T17:24:42","slug":"diamond-industry-continues-to-grow","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/botswana\/all-news\/diamond-industry-continues-to-grow","title":{"rendered":"Diamond industry continues to grow"},"content":{"rendered":"

Africa-Press – Botswana. <\/strong><\/span>The global trade in the natural diamond has continued to grow owing to major technological advances that have improved productivity exponentially and supported value chain development despite various challenges.<\/b><\/p>\n

This was said by Minister of Minerals and Energy, Mr Lefoko Moagi, during the Natural Diamond summit dinner hosted by De Beers at the Airport Special Economic Zone area in Gaborone on Monday. Mr Moagi said Botswana had over the years worked on improving its own participation across the diamond industry value chain and as a natural diamond producer, continued to look to avenues to expand downstream activities.<\/p>\n

\u201cIt is heartening to see the tangible benefits accruing to the country\u2019s citizens and communities from the country\u2019s increased participation in the diamond industry,\u201d Mr Moagi said.<\/p>\n

The De Beers Group Chief Executive Officer, Mr Al Cook, said the decision to relocate the diamond sorting operations from London to Gaborone in 2013 had seen Botswana\u2019s participation in the diamond trade grow exponentially, with global sight holders regularly visiting the country and more jobs created. Mr Cook commended Botswana for using the diamond revenue for prudent investment in education, healthcare and other social goods as well as in physical infrastructure and human capacity building. He added that 10 years on, after the landmark agreement between government and De Beers in June this year, Botswana would participate more in the diamond value chain.<\/p>\n

\u201cThis would include diamond grading and jewelry manufacturing capacity being developed in Gaborone,\u201d he said. \u201cWe believed in 10 years\u2019 time, the year 2023 will be looked back at as the moment the meaning of the famous saying \u2018a diamond is forever\u2019 was realised, as the long term benefit for country would be attained.\u201d<\/p>\n

For More News And Analysis About Botswana<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Botswana. The global trade in the natural diamond has continued to grow owing to major technological advances that have improved productivity exponentially and supported value chain development despite various challenges. This was said by Minister of Minerals and Energy, Mr Lefoko Moagi, during the Natural Diamond summit dinner hosted by De Beers at […]<\/p>\n","protected":false},"author":84,"featured_media":38556,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,7,244],"tags":[233,237,234],"class_list":["post-38557","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-head-lines","category-to-homepage","tag-africa-press","tag-africa-press-botswana","tag-botswana"],"yoast_head":"\nDiamond industry continues to grow - Botswana<\/title>\n<meta name=\"description\" content=\"The global trade in the natural diamond has continued to grow owing to major technological advances that have improve ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/botswana\/all-news\/diamond-industry-continues-to-grow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Diamond industry continues to grow\" \/>\n<meta property=\"og:description\" content=\"The global trade in the natural diamond has continued to grow owing to major technological advances that have improve ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/botswana\/all-news\/diamond-industry-continues-to-grow\" \/>\n<meta property=\"og:site_name\" content=\"Botswana\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2023-11-15T16:08:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-11-15T17:24:42+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/botswana\/sites\/38\/2023\/11\/sm_1700056110.172753.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/diamond-industry-continues-to-grow#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/diamond-industry-continues-to-grow\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/botswana\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Diamond industry continues to grow\",\"datePublished\":\"2023-11-15T16:08:00+00:00\",\"dateModified\":\"2023-11-15T17:24:42+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/diamond-industry-continues-to-grow\"},\"wordCount\":298,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/diamond-industry-continues-to-grow#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/botswana\/sites\/38\/2023\/11\/sm_1700056110.172753.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Botswana\",\"Botswana\"],\"articleSection\":[\"all news\",\"economy\",\"head lines\",\"to-homepage\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/botswana\/all-news\/diamond-industry-continues-to-grow#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/diamond-industry-continues-to-grow\",\"url\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/diamond-industry-continues-to-grow\",\"name\":\"Diamond industry continues to grow - 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