The Government of Botswana and the De Beers Group have appointed the former President of the African Development Bank (AfDB), Akinwumi Adesina, as the inaugural chairperson of the Diamonds for Development Fund.
The appointment was announced in a statement by De Beers Group, which described the initiative as a major step towards ensuring that Botswana’s diamond wealth delivers broader, long-term economic development for its citizens.
“The Government of the Republic of Botswana and De Beers Group are delighted to confirm that Dr Akinwumi Adesina has been appointed as the Diamonds for Development Fund’s Chairperson,” a statement posted on the De Beers Group read in part.
Adesina’s appointment is seen as a significant boost for the initiative, given his extensive experience in development finance and economic transformation across Africa.
