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Rap Mogul Simmons: Diamond Industry Empowers Botswana

November 30, 06 by Edahn Golan

Russell Simmons, an American rap producer turned fashion entrepreneur, said he is encouraged by how the diamond industry empowers Botswana. Simmons is currently on a nine-day fact finding mission in South Africa and Botswana with a delegation from his jewelry company.

 

Simmons, who is looking for ways that diamonds can benefit Africa, has toured the Jwaneng diamond mine in Botswana, visiting its hospital, and a primary school, as well as meeting with local students

 

“We are encouraged to see, firsthand, how the diamond industry in Botswana empowers the people of this nation,” Simmons said during a press meeting in Botswana. “It makes a dramatic difference in the quality of life of the people of Botswana. After meeting with President Festus Mogae, I am even more encouraged by his vision for the future of Botswana. The partnership between the government of Botswana and De Beers can serve as a model for other extractive industries in Africa.”

 

Simmons and his partner Kimora Lee Simmons plan to hold a press conference in New York on December 5, a day after their return to the U.S., to announce initiatives the Simmons Jewelry Company will take following their trip to Africa.

 

Simmons Jewelry Company is a joint venture with M. Fabrikant & Sons.

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