Latest news with #BogoloKenewendo
Forbes
28-06-2025
- Business
- Forbes
How Botswana's Sustainable Natural Diamond Story Sparkled At JCK
Diamond exports provide Botswana's economy with strong supplies of foreign exchange and have helped ... More finance industrial development, improvements in Botswana's infrastructure plus nationwide free education. Various jewelry trade fairs run simultaneously during the annual June Las Vegas jewelry week, but the JCK show, presented by RX Global at The Venetian Expo from June 6 to June 9, and its high-end companion fair, Luxury, generated consequential events and design news while marking milestones along the industry's path toward sustainability. More than a global trade show, JCK is also a dynamic seminar site programmed with JCK Talks educational panel discussions and presentations delivered by experts from various jewelry industry realms-- and countries. Bogolo Kenewendo, Botswana's Minister of Minerals and Energy, formed part of the Botswana delegation ... More at JCK 2025. According to RX Global figures, JCK 2025 drew 30,000 industry professionals, including over 17,000 attending buyers, decision-makers, store owners and media reporters. For designers and retailers, some of the most relevant and intriguing exhibitors included the AGTA GemFair, GEMS Pavilion and the Hong Kong Pavilion. JCK's most industrially and globally influential attendees however, included The President of Botswana, His Excellency, Duma Boko, Botswana's Ambassador to the U.S., Mpho Churchill O. Muphoting and Botswana's Minister of Minerals And Energy, Bogolo Kenewendo. President Boko, leader of the Umbrella for Democratic Change (UDC) party, has been in power since November 2024; presidential terms in his country run for five years. A human rights lawyer and graduate of Harvard Law School, President Boko and his administration advocate a human rights-centered approach to governance. Besides being one of the world's most economically and culturally dynamic jewelry trade shows, JCK ... More is also an internationally valued news source via its print JCK Magazine and online version President Boko, Ambassador Muphoting and their delegation came to JCK because "After Russia, Botswana is the world's second most important natural diamond producer,' said Lisa Koenigsberg, Ph.D., President of Initiatives in Art and Culture (IAC). Founded by Dr. Koenigsberg, this New York-based nonprofit organization organizes cross-disciplinary, international conferences regarding diamonds and gold that have included leading figures from Botswana's diamond industry. FEATURED | Frase ByForbes™ Unscramble The Anagram To Reveal The Phrase Pinpoint By Linkedin Guess The Category Queens By Linkedin Crown Each Region Crossclimb By Linkedin Unlock A Trivia Ladder This is an aerial view of Botswana's Jwaneng mine, which is the world's richest diamond mine and the ... More second largest. It is located in south-central Botswana, about 110 miles southwest of the nation's capital, Gaborone. Dr. Koenigsberg continued, 'Data published in the June 2025 Kimberley Process Certification Scheme stated that, in 2024, Botswana produced 28.2 million carats of diamonds, and nearly matched Russia in terms of value by generating $3.308 billion, or 28.8 percent of global output.' In comparison, The Kimberley Process Certification Scheme reported that Russia accounted for 32% of global rough diamond production by volume, which translates to 37.3 million carats. In terms of value,' she added, 'Russia contributed 29% of global output, totaling $3.335 billion.' According to Sarin Bachmann, senior vice-president of the RX Jewelry portfolio. "President Boko and ... More Ambassador Muphoting demonstrated at JCK how Botswana's commitment to sustainable diamond mining and achieving carbon neutrality exemplifies the forward-thinking leadership that our industry needs." As Sarin Bachmann, senior vice-president of the RX jewelry portfolio wrote in an email, 'At JCK, President Boko and Ambassador Muphoting demonstrated that Botswana's commitment to sustainable diamond mining and achieving carbon neutrality exemplifies the forward-thinking leadership that our industry needs.' As leaders of the world's second-most significant diamond producing nation, Bachmann continued, 'Botswanans see JCK as the ideal platform to make a presentation and to engage deeply with the global community of retailers, manufacturers, designers, and media professionals who are in a position to drive change.' In summary, 'President Boko and the Botswanan delegation reaffirmed the global access and influence that JCK encourages and provides. The Botswanans,' Bachmann continued, 'dedicated significant time to connecting with industry professionals and meeting with members of the media in their Botswana House pavilion on the JCK show floor, as well as working with their partners in the Natural Diamonds Council in that organization's members-only Lounge.' Natural diamonds can look and feel manifestly magical: this cathodoluminescence image of a diamond ... More documents how the gemstone emits light when bombarded by an electron beam. Any discussion of Botswana diamonds must note that before diamonds were discovered there by the De Beers Group in 1967, the country's per capita income hovered around US$80 a year. Today, according to the World Bank, Botswana's diamond wealth, robust institutions, wise economic management, and relatively small population of about 2.5 million have made it an upper-middle-income country (UMIC). In 2025 Botswana's purchasing power, as measured by GDP per capita at purchasing power parity (PPP), is estimated to reach around $17,044. (PPP indicates the value of goods and services that can be purchased in Botswana with one unit of a common international currency, adjusted for price differences between countries.) The Natural Diamond Club lounge at JCK 2025 was sponsored by the Natural Diamond Council, which ... More hosted various dynamic community-building events for industry professionals. President Boko and Ambassador Muphoting, described how Botswana is retaining maximum value from each stone by training Botswanans to cut and polish their country's diamonds rather than sending them abroad and losing revenues generated from cutting and polishing. The statesmen also mentioned how climate change-induced problems affecting the country's lands and citizens are driving the nation's energy and environmental policies. Their forward-thinking comments were of great interest to Dr. Koenigsberg, whose organization IAC is staging its 15th annual Gold + Diamond conference in New York this July 14, 15 and 16. 'Some of the conference panels and speakers address similar issues that Messrs. Boko and Mophuting touched on in their JCK talks." For example, she related, 'Among other subjects, this July's Gold + Diamond Conference will discuss how natural diamond producing countries, such as Botswana, can act to retain maximum value from their diamonds and thus enrich citizenry. She added that, 'Global directives compel increased environmental and climate regulation in countries such as Botswana. While greener practices can create both positive and negative impacts, who, and what, will bear the costs?" The Gold + Diamond Conference attendees will examine these questions examination and the formation of effective solutions.' As President Boko's press secretary Emang Mutapati explained to this writer in Botswana House, 'There is no better representative than Botswana's president to bring the country's natural diamond story to this show." In Botswana House, Mutapati explained, the theme and motto of the space was 'Rooted in Organic Luxury'. "This concept of working with nature,' she continued, 'is helping create a strong future for Botswana, its diamond industry, and its people' As President Boko, Ambassador Muphoting and Ms. Mutapati all related, elements of Botswana's short term and long term sustainability strategy involve implementing pre-emptive measures to enhance Botswana's ability to successfully deal with the effects of drought and floods. In addition to expanding weather warning systems and water management projects, distribution of drought-tolerant seeds and drought-tolerant cattle breeds are now in the works. Botswana is also investing in mitigation efforts by phasing out hydrofluorocarbons (HFCs) and promoting various energy efficiency measures. While President Boko and Ambassador Muphoting outlined Botswana's long-term plans for becoming a net-zero, climate-resilient, and prosperous nation by 2050, they also emphasized how the country is working to increase its proportion of renewable energy in its power generating-sources, with a goal of reaching 30% renewables by 2030. Reaching this goal is vitally important, as coal-rich Botswana relies heavily on coal for electricity generation, and coal burning is a key contributor to global warming. The good news is that Botswana is taking steps to develop 1.5 GW of solar power projects by 2030 to help reduce its reliance on coal.
IOL News
02-05-2025
- Business
- IOL News
Women leaders set to redefine Africa's mining sector at African Mining Week 2025
African Mining Week 2025 will spotlight gender inclusivity and the role of women in driving Africa's mining transformation Image: Freepik As the landscape of Africa's mining sector undergoes a profound transformation, women are emerging as crucial decision-makers, driving change and innovation across the continent. African Mining Week (AMW) 2025, set to take place from October 1–3 in Cape Town, will proudly feature a dedicated Women in Leadership Forum, a pivotal gathering aimed at connecting female leaders across the mining value chain with global investors and strategic partners. The forum promises to be a vibrant space for dialogue and collaboration, showcasing the vital role women play in fostering policy reforms, attracting investment, and leading significant enterprises in the mining industry. Among the notable leaders making strides in this arena is Bogolo Kenewendo, Botswana's Minister of Mining. Under her leadership, Botswana is experiencing a surge in structural reforms designed to strengthen investor partnerships, particularly in the diamond sector. In a landmark move, Botswana recently signed a groundbreaking diamond sales agreement with De Beers that will see the nation's stake in the Debswana joint venture increase from 25% to 50% over the next decade. This deal not only underlines Botswana's commitment to enhancing its diamond value chain but also underscores the critical contribution of diamonds to the nation's economy, where the sector accounts for a staggering 80% of exports and 25% of gross domestic product (GDP). In Uganda, a similar wave of change is being driven by Minister of Energy and Mineral Development, Ruth Nankabirwa. She is actively forging strategic partnerships to revitalise the nation's mineral sector. March 2025 marked a historic moment as Uganda signed its first-ever Mineral Production Sharing Agreement aimed at revamping the Kilembe copper mines with Sarrai Group Limited and Nile Fibreboard Limited. Moreover, Uganda is poised to embark on its first commercial rare earth production at the Makuutu Project, a venture developed in association with Ionic Rare Earths, with operations anticipated to commence in 2026. Meanwhile, in Malawi, Minister of Mining, Monica Chang'anamuno, is championing diversification efforts in the country's mineral portfolio while simultaneously enhancing governance within the sector. According to estimates by the World Bank, Malawi stands to benefit significantly, with potential mineral revenues projected to reach $30 billion between 2026 and 2040, driven by developing uranium, graphite, and rare earth projects. In line with this progression, Lotus Resources is targeting initial uranium production at the Kayelekera Mine in Q3 2025, and the country recently established its inaugural Mining Regulatory Authority to streamline approvals and accelerate project development. The growing influence of women extends beyond public office and into the private sector, where female executives are driving the energy industry's evolution. Kelly Ayuk Mealia, Chairperson and Co-founder of Energy Capital & Power, is a leading advocate for investment and project development across the continent. Video Player is loading. Play Video Play Unmute Current Time 0:00 / Duration -:- Loaded : 0% Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Background Color Black White Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Transparent Window Color Black White Red Green Blue Yellow Magenta Cyan Transparency Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Dropshadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. Advertisement Next Stay Close ✕
Zawya
30-04-2025
- Business
- Zawya
African Mining Week 2025 to Feature Women in Leadership Forum
As women take on increasingly influential roles in shaping the future of Africa's mining sector, African Mining Week (AMW) 2025 – taking place from October 1–3 in Cape Town – will host a dedicated Women in Leadership Forum. This platform will bring together female leaders from across the mining value chain, connecting them with global investors, strategic partners and emerging project opportunities. Women are playing a pivotal role in transforming the continent's mining industry – championing policy reforms, driving investment, leading major companies,and advancing mineral diversification. Bogolo Kenewendo, Botswana's Minister of Mining, is spearheading structural reforms aimed at strengthening investor partnerships and expanding the country's diamond value chain. In February 2025, Botswana signed a landmark diamond sales agreement with De Beers, doubling its share of rough diamonds from the Debswana joint venture from 25% to 50% over the next decade. The agreement also extended Debswana's mining license by 25 years, reinforcing the continued contribution of diamonds to Botswana's economy, where the sector accounts for 80% of exports and 25% of GDP. In Uganda, Minister of Energy and Mineral Development, Ruth Nankabirwa, is driving strategic partnerships to revitalize the country's mineral sector. In March 2025, Uganda signed its first-ever Mineral Production Sharing Agreement for the redevelopment of the Kilembe copper mines with Sarrai Group Limited and Nile Fibreboard Limited. Uganda is also progressing toward its first commercial rare earth production at the Makuutu Project, developed in partnership with Ionic Rare Earths, with operations expected to begin in 2026. Malawi's Minister of Mining, Monica Chang'anamuno, is leading efforts to diversify the country's mineral portfolio and enhance sector governance. The World Bank estimates that Malawi could earn up to $30 billion in mineral revenues between 2026 and 2040, driven by uranium, graphite and rare earth developments. Lotus Resources is targeting initial uranium production at the Kayelekera Mine in Q3 2025. Additionally, Malawi established its first-ever Mining Regulatory Authority in late 2024 to streamline approvals and accelerate project development. Beyond the public sector, female executives are also steering the energy industry's evolution. Kelly Ayuk Mealia, Chairperson and Co-founder of Energy Capital&Power – the organizer of African Mining Week – is a vocal advocate for investment and project development across the continent. Marie-Chantal Kaninda, President of Glencore DRC, plays a strategic role in maintaining the DRC's global leadership in cobalt and copper. Nolitha Fakude, Chairperson of Anglo American South Africa, is a prominent voice on ESG and diversity, while Nombasa Tsengwa, CEO of Exxaro Resources, leads one of South Africa's top coal producers. Other notable women in leadership include Elizabeth Rogo, CEO of Tsavo Oilfield Services (Kenya); Naomi Biney, CEO of Goldridge Ghana Limited (Ghana); and Nneka Ezeigwe, CEO of Eta Zuma Mining and Industries (Nigeria). The Women in Leadership Forum at AMW 2025 will highlight how women are not only contributing to the industry – but actively redefining it for a more inclusive and sustainable future. African Mining Week serves as a premier platform for exploring the full spectrum of mining opportunities across Africa. The event is held alongside the African Energy Week: Invest in African Energies 2025 conference from October 1-3 in Cape Town. Sponsors, exhibitors and delegates can learn more by contacting sales@ Distributed by APO Group on behalf of Energy Capital&Power.
