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World news
fromFortune
6 days ago

Lab-grown diamonds are crushing this African economy that was built on natural stones | Fortune

Botswana's diamond industry, once central to its economy, is threatened by mass-produced lab-grown diamonds, causing job losses and economic strain.
fromBusiness Matters
2 months ago

Nivoda secures $60m financing facility to ease jewellery retailers' working capital crunch

Nivoda, the B2B diamond and gemstone marketplace, has secured a $60 million financing facility from i80 Group to provide embedded trade credit to jewellery retailers across more than 70 countries. The deal addresses a critical shortage of working capital in the diamond industry after traditional lenders retreated from the sector, leaving small and mid-sized retailers struggling to finance inventory purchases.
Business
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