US government's private sector funding institution proposes financing Namibian diamond processing

US government's private sector funding institution proposes financing Namibian diamond processing

The Namibian government has directed the US government's development finance institution's proposal to provide credit to diamond beneficiation, to the country's local banks.
This was revealed during a meeting in New York between Lazare Kaplan International, board chair Maurice Tempelsman and President Hage Geingob which also discussed other potential business ventures between the two countries.