Botswana’s diamonds get a direct route to Dubai

Botswana’s diamonds, copper, minerals and agricultural products will gain wider access to global buyers through a new trading corridor connecting Dubai and Gaborone.

DMCC and the Botswana Stock Exchange Group have signed an agreement to establish what they described as Africa’s first multi-commodity sister-hub corridor, linking Botswana’s emerging commodities exchange with Dubai’s trade, finance and logistics network.

The partnership will cover diamonds, copper, coal, soda ash, critical minerals, beef and agricultural products, while creating a dedicated Botswana trade presence within DMCC’s commodity ecosystem. One of the first commercial initiatives will connect the Okavango Diamond Company with the Dubai Diamond Exchange through coordinated tenders.

The first tenders are expected in late 2026, creating a direct commercial route between Botswana’s diamond production and Dubai’s trading market. The agreement will also support joint work promoting natural diamonds through the Luanda Accord and the Natural Diamond Council.

The two organisations will work together across trade finance, logistics, vaulting, digital infrastructure, professional training and knowledge exchange. The corridor is intended to connect Botswana’s producers more directly with international buyers, investors, institutional capital and Islamic finance markets.

DMCC and the Botswana Stock Exchange Group will also explore using DMCC FinX to widen access to financing for Botswana-origin commodities.