Angolan Mining Oil & Gas

Botswana Diamond Exports Return to 0% U.S. Tariff as Section 122 Duties Expire Botswana’s exports to the United States, including its globally renowned natural diamonds, have regained duty-free access following the expiry of temporary U.S. tariffs on 24 July 2026. The expiration of the Section 122 tariffs under the U.S. Trade Act of 1974 means Botswana-origin products now face a 0% tariff while continuing to benefit from preferential market access under the African Growth and

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African Diamond Miners Face Continued Market Pressure in First Half of 2026 Africa’s diamond industry continued to face challenging market conditions in the first half of 2026, with major producers in Botswana, South Africa, Namibia and Lesotho struggling to achieve a sustained recovery in natural diamond demand. Financial results released during the period point to continued pressure across the industry, driven by weaker prices, economic uncertainty and growing competition from laboratory-grown diamonds. In South Africa,

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