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ANGOLA

Luanda picks out new diamonds with old allies

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“Lourenço's Herculean struggles to reform the diamonds sector”

ANGOLA

Lourenço's Herculean struggles to reform the diamonds sector

Angolan president João Lourenço has made reform of diamond mining one of the key objectives of his mandate, as he tries to end the decades-long hold of the dos Santos clan over the sector. He is betting on the deregulation of diamond sales and the development of diamond-related activities in Angola itself to attract investors and increase state revenues. So far, his efforts have produced little in the way of results. [...]

President João Lourenço may be working hard to breathe fresh life into the country's diamond industry, doing away with the practices of his predecessor José Eduardo dos Santos's era is proving more difficult. Even as the country opens its mines [...] (490 words)

Issue dated 15/10/2019 Reading time 2 minutes

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Mining

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ANGOLA
Adonis Pouroulis
Alrosa
Ana da Conceição Ferreira dos Santos
Bapsil Service
BHP Billiton
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Instituto Superior de Ensino Militar
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José Eduardo dos Santos
Kazondo
Lev Leviev
Leviev International - LLI (China
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MPLA
Petra Diamonds
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Spotlight

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Set up email notifications for these topics

ANGOLA
Adonis Pouroulis
Alrosa
Ana da Conceição Ferreira dos Santos
Bapsil Service
BHP Billiton
Catoca
Coerm
Diamantino Azevedo
Endiama
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Hipergesta
Instituto Superior de Ensino Militar
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Kazondo
Lev Leviev
Leviev International - LLI (China
Lumege
MPLA
Petra Diamonds
Saccir

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Luanda picks out new diamonds with old allies

Lourenço's Herculean struggles to reform the diamonds sector

This article may be accessed by subscribers and e-wallet holders (USD 19.50)

2 options offered to continue reading

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Set up email notifications for these topics

Will Angolan diamonds of Russia's Alrosa soon be scrutinised by the Kimberley Process?

Ex-deputy governor and construction moguls launch new diamond venture with Sociedade Mineira Kasoloka

Lourenço entrusts agricultural megaproject to Frelimo-backing Gulamo family

Lourenço plays the game with EITI as elections approach

The deal is sealed: Endiama takes over tarnished Odebrecht stake in Catoca Diamond Mine

Angola looks to India to loosen Dubai's grip on its diamonds

Baroness Northover signs up to Pensana rare earth project

Luaxe diamond team appointed by Endiama weathers heavy criticism

Petra Diamonds in talks with Luanda over new projects

Ex-Dos Santos spokesperson turned Lourenço supporter finds fresh energy for distribution and media

Maputo calls on Luanda for advice on mining legislation

Bento Dos Santos ‘Kangamba', a general on borrowed time

João Lourenço puts faith in youth with Vera Daves de Sousa

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Diamond security provider Epuaka wants to acquire its own gems

Former José Eduardo dos Santos spokesman keen to shed mining portfolio

The Furi's diamond project moves forward

OPEC: oil minister Azevedo forced to bend the knee

João Lourenço at heart of Vatican crisis

Luanda and Alrosa debate Luaxe diamond mine split

Luanda gives candidates extra time to prepare mining bid

João Lourenço dispatches José Eduardo dos Santos's former army chief to London

Ex-MPLA star's widow Van-Dúnem takes a crack at oil distribution

How Moscow plans to carve itself a slice of the country's mines

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Trading house Flawless Diamond opens shop in Luanda

First bidding round results to be announced in November

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Moscow, Luanda's new diamond chum

Petra Links with Xceldiam to keep BHP Happy

Alrosa

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