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Diamond

Angola to Boost Ornamental Stone Production with Namibe Industrial Park Development

April 28, 2026 Steven Addamah 0

Angola is set to increase the production of ornamental rocks following the opening of the Namibe Industrial Park, according to Minister of Mineral Resources, Petroleum […]

Qatar’s $103bn Africa bet signals shift in Gulf’s global strategy

September 2, 2025 Steven Addamah 0

Qatar has unveiled an ambitious $103 billion investment plan across six African nations, marking one of the Gulf state’s largest-ever international expansion efforts. Spearheaded by […]

Botswana Launches Ambitious Economic Transformation Plan to Break Diamond Dependency

July 16, 2025 Steven Addamah 0

Botswana’s President Duma Boko on Tuesday, 15 July 2025, launched the Botswana Economic Transformation Program in the capital, Gaborone, calling for bold, innovative strategies to […]

Angolan Minister Calls for Joint Measures to Curb Falling Diamond Priced

February 28, 2025 Geraldine Boechat 0

Angola’s Minister of Mineral Resources, Oil, and Gas, Diamantino Azevedo, has called on Thursday February 27 for collective efforts to address the decline in global […]

Botswana and De Beers Finalize Landmark Diamond Deal After Six Years of Negotiations

February 27, 2025 Steven Addamah 0

Experts have expressed approval of the long-awaited rough diamond sales agreement between Botswana and South African mining giant De Beers, signed on Tuesday February 25 […]

Angola: Pushed by Luanda, Russia sells its shares in diamond mines

December 2, 2024 Steven Addamah 0

A few days before U.S. President Joe Biden’s visit to Angola, the country is pushing Russia to withdraw from its diamond mining operations, signaling support […]

De Beers has identified eight new potential diamond production areas in Angola

October 24, 2024 Steven Addamah 0

De Beers has identified eight new kimberlite deposits in Lunda Sul, Angola, and is in discussions with the Government to sell “some of the best […]

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South Africa: Diamond dealer suspected of €200 million fraud arrested

October 24, 2024 Steven Addamah 0

Authorities in South Africa have arrested nine suspects involved in a major diamond investment scam, with over 200 million euros reportedly stolen since 2019. At […]

Angolan Sodiam raises $13 million from diamond sales

October 18, 2024 Steven Addamah 0

Angola’s State diamond company, Sodiam, raised $12.9 million from the sale of 44 diamonds totaling 1,493 carats. The auction, held on October 16, featured stones […]

Angola’s diamond reserves estimated at over 700 million carats

September 13, 2024 Geraldine Boechat 0

Angola has diamond reserves estimated at 732 million carats, potentially worth $140 billion (125.7 billion euros) at an average price of $200 per carat, according […]

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