Houphouet-Boigny's jeweller to relaunch diamonds by year-end
After a hiatus of more than 45 years, semi-industrial diamond production in Ivory Coast is due to resume at the end of the year with Transactysglasol, a company founded by Christian Abadie, jeweller to the country's first president and now headed by Nicolas de Lesguern, operator of gold mines in Burkina Faso. [...]
Can Houphouet's jeweller put the shine back on Ivorian diamonds?
Transactysglasol's brand new permit to mine diamonds in the north of Ivory Coast on a semi-industrial and industrial scale (AMI 405), the first awarded since the 1970s, marks the first step towards the arduous revival of the sector. [...]
Political parties struggle with change
Since the death of President Felix Houphouet-Boigny in 1993, the balance of power between Ivory Coast’s political parties has shifted. However President Alassane Ouattara’s Rassemblement des Republicains (RDR), the Parti Democratique de Cote d’Ivoire (PDCI), which was Ivory Coast’s sole [. [...]