Angola Bids for Minority Stake in De Beers to Fend Off Botswana
PositiveFinancial Markets

Angola is making a strategic move by offering to purchase a minority stake in De Beers, a leading diamond company, to ensure its independence amid Botswana's efforts to gain control. This bid highlights Angola's commitment to maintaining a significant role in the diamond industry and could reshape the competitive landscape, benefiting both countries in the long run.
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