Botswana: New World Diamond Center
2023-06-12 11:12:30
Abstract Global diamond giant DeBeers recently announced that its sales operations will be transferred from London, England to Botswana, Republic of South Africa. This means that Gaborone, the capital of Botswana, will become a global $6 billion...
Global diamond giant De Beers recently announced that its sales operations will be transferred from London, England to Botswana, Republic of South Africa. This means that Gaborone, the capital of Botswana, will become a global $6 billion diamond trading center. The once calm city of Gaborone is now in full swing, in order to welcome the world's leading diamond industry to be settled here. 
Botswana Capital: Gaborone
Botswana in the Republic of South Africa has always been famous for producing diamonds. In the past, only rough rough diamonds were produced, and now Botswana will upgrade its refined and jewellery-grade diamond products. It is reported that the new diamond workshop has been initially completed. Local people, especially women, use a magnifying glass and tools to polish, shape and engrave the diamonds in the workplace. They are all exquisite diamonds through their hands. Jewelry.

Botswana's largest diamond panorama

Drilling site
Affected by the emerging diamond industry, other infrastructure construction in Gaborone has also mushroomed. Car rentals, hotels, coffee catering and airport shuttles all show a booming scene.
But after all, Gaborone is no better than London. Many roads have not been expanded, flights to the United States and Europe are not directly available. Local restaurants have long been fighting, and even the Jewish commandments have very few foods. However, these difficulties have not blocked the enthusiasm and confidence of the people of Gaborone in developing the local diamond industry. Although there is still a lot of work to be done for the city of Gaborone, it is undeniable that huge changes have taken place or are changing.
Reasons for investing in the Botswana diamond industry
For diamond investors, investing in the emerging Botswana is a must. The tycoon who invested in diamonds soon will soon get a big profit from the appreciation of diamonds; now De Beers' diamond business focus shifts to confirm the correctness of investing in Botswana. Whether in the long run or in the short term, Botswana's diamond industry and related value chains are opportunities for investment. With the establishment of the new World Diamond Trading Center in Botswana, the global high-quality diamond market is about to set off a new wave of development. (Compiled from "Diamond De Beers is moving from London to Botswana")
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