Together, the two targets would represent 40% of De Beers if completed: 10% for Angola and 30% for Botswana.
Angola’s ministry said Friday that the country intends to take the interest as part of the proposed divestment. Anglo American’s sale remains incomplete, so the 10% is a target rather than a completed transfer.
President Duma Boko said Botswana plans to raise its De Beers stake from 15% to 30%, doubling its current share. That goal is higher than an earlier proposal of about 25%, as outlined in EconoTimes’ previous report on Botswana’s stake plan.
The stated targets would amount to 40% between Angola and Botswana if both plans are completed. The proposals would give both countries larger prospective positions in De Beers. Anglo American’s proposed divestment remains incomplete.
