Botswana expects Anglo-American to sell its 85% stake in De Beers by end-2025, according to Vice President and Finance Minister Ndaba Gaolathe. Botswana, which holds a 15% stake, wants a say in the buyer selection and is seeking a long-term partner with deep financial capacity. Anglo is exiting De Beers after a USD 4.1 bln write-down in February, driven by falling natural diamond prices and competition from lab-grown alternatives.