DMCC has signed a strategic Memorandum of Understanding (MoU) with the Botswana Stock Exchange Group (BSE), operator of the Botswana Mercantile Exchange (BMX), to strengthen Botswana’s access to global commodity markets by connecting its emerging commodities exchange with Dubai’s international trading, finance, and logistics ecosystem.
The partnership marks a significant step in expanding trade and investment links between the UAE and Botswana, establishing Africa’s first sister-hub trading corridor between Dubai and Gaborone while supporting Botswana’s economic diversification agenda and ambitions to increase the global reach and value of its commodity exports.
It also seeks to establish a dedicated and physical Botswana presence within DMCC’s commodity ecosystem.
Through closer collaboration across market access, trade finance, logistics, vaulting, digital infrastructure, capacity building, and knowledge exchange, the partnership will support the international trading of Botswana-origin commodities – including diamonds, copper, coal, soda ash, critical minerals, beef, and agricultural products.
It also aims to strengthen Botswana’s position within global commodity value chains by connecting producers more directly with international buyers, investors, institutional capital, and Islamic finance markets, while deepening cooperation to promote the natural diamond industry through the Luanda Accord and the Natural Diamond Council.
Ahmed Bin Sulayem Executive Chairman and CEO DMCC
“Botswana is one of the world’s leading commodity-producing nations, and this partnership with the Botswana Stock Exchange Group reflects our shared ambition to unlock greater value from Botswana’s resources, including diamonds, copper, and beef, through stronger international market access. By combining Botswana’s production strengths with Dubai’s world-leading trade, finance, and logistics ecosystem, we can create new investment opportunities, improve access to global buyers and institutional capital, and support long-term economic growth. This is a clear example of how strategic partnerships between producing nations and global trade hubs can reshape the future of commodity trade.”
Hon. Bogolo Joy Kenewendo, Minister of Minerals and Energy, Republic of Botswana, said that, “This partnership represents an important step in Botswana’s journey to maximize value from our mineral and broader commodity resources. As we implement our economic transformation agenda, we are focused not only on sustaining production, but on creating stronger market access, attracting investment, advancing beneficiation, and positioning Botswana as a competitive player in global value chains.”
“Our collaboration with DMCC and the Botswana Stock Exchange Group strengthens the ecosystem needed to connect Botswana’s world-class commodities, including diamonds, copper, and critical minerals, to international markets, while creating opportunities for innovation, trade finance, and sustainable economic growth that will benefit Batswana for generations to come,” the Minister added.
Neo Mooki, Chairperson, Botswana Stock Exchange Group, stated that, “By partnering with DMCC, we are connecting Botswana’s strengths in diamonds, minerals, agriculture, and livestock to one of the world’s most sophisticated commodity trading ecosystems. Together, we are creating new opportunities for producers, investors, and market participants, while supporting Botswana’s economic diversification agenda and strengthening the country’s role in international trade.”
DMCC and Botswana Explore Digital Commodity Solutions
The two organizations will also explore the use of DMCC’s digital financial infrastructure, including DMCC FinX, to improve access to trade finance and broaden investment into Botswana-origin commodities through emerging digital asset technologies. This will include Shariah-compliant Islamic finance instruments alongside tokenization of physical commodity parcels as Real World Assets (RWAs), creating new pathways for global institutional investment into African commodity value chains.
Alongside this, the partnership will examine opportunities to develop internationally recognised standards and infrastructure to support broader commodity trade across Africa. The BMX vault to be located in Gaborone is targeted to become the inaugural facility certified under the DMCC Global Good Delivery Standard (GGDS), a multi-commodity vault certification framework to support cross-border trade, transparency, and commodity financing across emerging markets.
Connecting Botswana Diamonds with Dubai’s Global Market
One of the first initiatives under the agreement is expected to bring together the Okavango Diamond Company (ODC) and the Dubai Diamond Exchange (DDE) through coordinated diamond tenders, creating a direct commercial link between Botswana’s diamond production and Dubai, the world’s leading diamond trading hub. The first commercial tenders are expected in late 2026.
