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Angola plans a 10% stake through a consortium pursuing Anglo’s holding.

Angola’s Ministry of Mineral Resources, Petroleum and Gas says the country intends to acquire 10% of De Beers through a consortium the ministry describes as in pole position to buy Anglo American’s controlling interest. Botswana President Duma Boko has also said Namibia would take a stake, but no percentage was given. Angola’s plan comes with a defined share size; Namibia’s part of the proposed ownership shift remains unspecified.

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Coverage started November 9