Search
Sign in
North Africa
Central Africa
East Africa
West Africa
Southern Africa
Commodities

Is Africa’s diamond recovery real? De Beers exposes cracks

Diamond. Photo by Plato Terentev @ Pexels
Diamond. Photo by Plato Terentev @ Pexels

Eric Kasongo

Senior Journalist and Strategic Researcher specializing in political economy, mining, energy, and financial markets across Central and Southern Africa, with a strong focus on data-driven analysis and regional investment.
  • De Beers’ sales surge 91%; average realised prices fall 45%.
  • Botswana faces mounting pressure from weaker diamond prices.

 

JOHANNESBURG, SOUTH AFRICA – De Beers sold nearly twice as many diamonds in the third quarter, but sharply weaker prices raised doubts about the industry’s recovery.

This article is free to read.

Sign up for free or sign in to continue
reading. Unlike our competitors, we don't force you to pay
to read the news but we do need your email address to
make your experience better.

Create your free account or sign in


By signing in, you agree to receive Allen Dreyfus newsletters and updates. You can unsubscribe at any time.

Recent Business

Diamond. Photo by Plato Terentev @ Pexels
Is Africa’s diamond recovery real? De Beers exposes cracks
22/10/2026
58 minutes ago
Eric Kasongo
Read More »
A crowd of people waiting in line at a ticket station in Beijing, China, Photo by Zhang Kaiyv @ Pexels
Who wins Africa’s race for China’s yuan payments?
21/10/2026
1 day ago
Brandon Orion Mensah
Read More »
Cocoa pod and beans outdoors. Photo by Ákos Helgert @ Pexels
How Nigeria's cocoa strategy could end decades of oil dependence
29/07/2026
2 months ago
Vincent Nwanma
Read More »

Recent Politics

Healthcare worker puts on PPE gear in a medical facility for safety and protection. Photo by CDC @Pexels
Nigeria’s Ebola test: Can containment safeguard investor confidence?
21/10/2026
21 hours ago
Vincent Nwanma
Read More »
The war in Sudan has displaced thousands of people. Photo @ Pexels
World Bank’s $100bn crisis shield exposes investment divide
15/10/2026
6 days ago
Brandon Orion Mensah
Read More »
Fuel tanker truck navigating city roads. Photo @ Pexels
Is Nigeria’s petrol subsidy returning? Investors face uncertainty
14/10/2026
1 week ago
Vincent Nwanma
Read More »

Latest Posts

Latest news insights

Diamond. Photo by Plato Terentev @ Pexels
Read More »
Is Africa’s diamond recovery real? De Beers exposes cracks
Aerial view of a mine. Photo by Volker Braun @ Pexels
Read More »
Algeria’s Sahara route could decide Niger’s uranium future
Healthcare worker puts on PPE gear in a medical facility for safety and protection. Photo by CDC @Pexels
Read More »
Nigeria’s Ebola test: Can containment safeguard investor confidence?
A section of the city side of Kigali, Rwanda. Photo by Chris wade NTEZICIMPA @Pexels
Read More »
Rwanda’s economic boom meets a 20% inflation shock
Aerial view of a mine. Photo by Volker Braun @ Pexels
Read More »
Algeria’s Sahara route could decide Niger’s uranium future
Healthcare worker puts on PPE gear in a medical facility for safety and protection. Photo by CDC @Pexels
Read More »
Nigeria’s Ebola test: Can containment safeguard investor confidence?
A section of the city side of Kigali, Rwanda. Photo by Chris wade NTEZICIMPA @Pexels
Read More »
Rwanda’s economic boom meets a 20% inflation shock
A crowd of people waiting in line at a ticket station in Beijing, China, Photo by Zhang Kaiyv @ Pexels
Read More »
Who wins Africa’s race for China’s yuan payments?
Healthcare worker puts on PPE gear in a medical facility for safety and protection. Photo by CDC @Pexels
Read More »
Nigeria’s Ebola test: Can containment safeguard investor confidence?
A section of the city side of Kigali, Rwanda. Photo by Chris wade NTEZICIMPA @Pexels
Read More »
Rwanda’s economic boom meets a 20% inflation shock
A crowd of people waiting in line at a ticket station in Beijing, China, Photo by Zhang Kaiyv @ Pexels
Read More »
Who wins Africa’s race for China’s yuan payments?
Overview of the Central Business District in Gaborone, Botswana. Photo by Justice Hubane @ Unsplash
Read More »
Botswana’s inflation eases, but diamond recovery masks hardship