Lazare revives P1.8 billion diamond deal

The financial package put together in 2009 by USA's Overseas Private Investment Corporation's (OPIC) diamond and jewellery company Lazare Kaplan Botswana (LKB) and ABN Amro was initially supposed to have been rolled-out two years ago, but the deal fell through after relations soured between the stakeholders.

The fallout led to ABN Amro, which has already set up an office in Gaborone as part of the original deal, dropping out of the picture in the OPIC deal.