Botswana and Oman Strengthen Economic Ties During Diamond Trading Company Visit

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Botswana and Oman are taking steps to deepen their economic relationship following a landmark State Visit that highlighted opportunities across the mining, energy and trade sectors. The visit included a tour of Diamond Trading Company Botswana (DTCB) by His Majesty Sultan Haitham bin Tarik, Sultan of Oman, accompanied by President Advocate Duma Gideon Boko. The engagement followed a historic signing ceremony that formalised seven key instruments aimed at strengthening cooperation between the two countries. The agreements reaffirmed a shared commitment to sustainable development, investment and economic opportunities that can deliver tangible benefits to both nations. The DTCB visit provided an opportunity to place Botswana’s diamond industry at the centre of discussions about expanding bilateral cooperation.

Minister of Minerals and Energy Bogolo Joy Kenewendo welcomed His Majesty Sultan Haitham bin Tarik and President Duma Gideon Boko during the visit to DTCB. She highlighted the importance of Botswana’s diamond industry to the national economy and identified the sector as an important area for expanding cooperation between Botswana and Oman. Diamonds have played a significant role in Botswana’s economic development and continue to form an important part of the country’s mineral sector. The visit allowed the Omani delegation to gain a closer understanding of how Botswana manages its diamond resources and develops value along the supply chain. It also created an opportunity to explore areas where Omani investment and expertise could support further development of the sector.

During the tour, Sultan Haitham visited DTCB’s sorting and valuation operations and viewed Botswana’s rough diamonds. The visit provided an overview of the processes involved in handling and assessing diamonds before they move through the wider value chain. Botswana has continued to pursue greater local participation in the diamond industry through activities such as sorting, valuation, cutting, polishing and other forms of beneficiation. Showing these operations to the Omani delegation provided a practical demonstration of the capabilities that have developed around Botswana’s diamond resources. It also highlighted areas where additional investment, technology and international partnerships could contribute to further value creation within the country.

The DTCB visit formed part of the Sultan’s two-day State Visit to Botswana and carried significance beyond the diamond industry. The engagement reflected broader efforts by Botswana and Oman to establish a strategic partnership covering multiple areas of economic cooperation. The two countries have identified opportunities involving mineral exploration, beneficiation, energy collaboration, investment, technology transfer and trade. Expanding cooperation across these areas could create additional channels for investment and knowledge exchange between the two economies. The discussions also reflect Botswana’s efforts to strengthen international partnerships that can support economic diversification and sustainable development.

DTCB Managing Director Serty Leburu highlighted several areas where the two countries could deepen cooperation within the diamond industry. These included beneficiation, jewellery manufacturing and skills development, all of which can contribute to increasing the economic value generated from Botswana’s diamond resources. Greater development of jewellery manufacturing could also create opportunities for local businesses and skilled workers while supporting diversification within the broader diamond value chain. Skills development would be important in ensuring that local professionals are equipped to participate in increasingly specialised areas of the industry. Cooperation with international partners such as Oman could provide opportunities for investment, technical knowledge and new commercial relationships in these fields.

The emphasis on beneficiation is particularly relevant to Botswana’s long-term approach to its mineral resources. Instead of focusing only on the extraction and sale of raw minerals, beneficiation creates opportunities to develop additional economic activity around processing, manufacturing and related services. In the diamond sector, this can include cutting and polishing as well as jewellery production and other activities connected to the finished product. Developing these capabilities can create jobs and expand opportunities for businesses operating within the local economy. The discussions during the DTCB visit therefore placed attention on how Botswana and Oman could explore cooperation that supports greater value creation.

Energy cooperation was also identified as an important area within the broader Botswana-Oman relationship. Botswana’s economic development requires reliable energy supplies to support industries, businesses and communities, while the energy sector itself presents opportunities for investment and technological development. Cooperation with international partners can create opportunities to exchange expertise and explore projects that contribute to energy security and economic growth. Linking energy discussions with mining and industrial development could also support the broader objective of expanding productive economic activity. The inclusion of energy collaboration among the areas of bilateral cooperation indicates that the relationship extends beyond Botswana’s traditional mineral exports.

Investment and technology transfer also formed part of the wider opportunities highlighted during the State Visit. Access to investment can support the development of infrastructure, businesses and industries while technology transfer can strengthen local capabilities. For Botswana, these areas are particularly relevant as the country seeks to diversify its economy and create new opportunities beyond established sectors. Partnerships that combine investment with skills development and technology can provide longer-term benefits by strengthening local capacity. Cooperation with Oman could therefore extend beyond financial investment to include knowledge sharing and business partnerships.

The formalisation of seven key instruments during the historic signing ceremony provided a broader foundation for the bilateral relationship. These instruments demonstrate the intention of Botswana and Oman to establish structured cooperation rather than limiting engagement to individual meetings or short-term initiatives. The areas covered by the partnership create potential opportunities across minerals, energy, trade, investment and technology. Effective implementation will be important in determining how these commitments translate into practical projects and economic opportunities. The DTCB visit helped reinforce this objective by connecting the broader diplomatic relationship with a specific sector that remains important to Botswana’s economy.

The presence of President Duma Gideon Boko alongside Sultan Haitham during the DTCB tour also underscored the importance attached to the relationship between the two countries. High-level engagements can provide political support for deeper cooperation between government institutions, businesses and investors. The visit created an opportunity to demonstrate Botswana’s capabilities in the diamond sector while discussing areas for future collaboration. It also highlighted the potential for economic diplomacy to support investment, trade and industrial development. Continued engagement at both government and private sector level will be necessary to turn the opportunities identified during the State Visit into concrete outcomes.

The tour of Diamond Trading Company Botswana highlighted the central role of diamonds in Botswana’s economy while opening discussions about how the sector can support a broader partnership with Oman. From rough diamond sorting and valuation to beneficiation, jewellery manufacturing and skills development, the visit showcased several areas with potential for deeper cooperation. The wider bilateral agenda also includes energy, investment, technology transfer, mineral exploration and trade, giving the relationship a broader economic foundation. Botswana and Oman have signalled their intention to pursue cooperation that supports sustainable development and creates tangible opportunities for their people. As the commitments made during the State Visit move towards implementation, the strengthened partnership could provide new avenues for investment, skills development, value creation and economic diversification in both countries.

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