Adesina appointed chair of Botswana’s Diamonds for Development Fund
The initiative is aimed at supporting new sectors and job creation beyond diamonds.
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Akinwumi Adesina, former president of the African Development Bank Group, has been appointed as the chairperson of Botswana’s Diamonds for Development Fund.
The Diamonds for Development Fund is being established by De Beers Group in consultation with the Government of Botswana. It will support the country’s emerging knowledge-based economy and accelerate its long-term economic diversification.
Al Cook, CEO of De Beers Group, said: “When we set up the groundbreaking Diamonds for Development Fund with the Botswana Government, we knew that we would need an extraordinary leader to achieve our ambition of economic diversification and job creation. In Dr Adesina, I am confident we have found just that person. His track record in African development is outstanding, and his global network, commitment to strong governance, and understanding of the fund’s priorities make him the right chair to shape the Fund’s support for Botswana’s long-term economic objectives. He is a man characterised by deep integrity and outstanding delivery, and I very much look forward to seeing him steer Diamonds for Development in the years to come.”
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