Your account has been succesfully created.

Subscribe now

ANGOLA

Buyers still sought by Luanda for Saurimo hub's diamond cutting facilities

Read this article in our running story

“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.

The Saurimo diamond hub, a pillar of President Lourenço's diamond sector reforms, is still on the lookout for international investors to occupy its diamond cutting workshops, currently under construction. [...] (246 words)

Issue dated 18/11/2020

This article may be accessed by subscribers and e-wallet holders (USD 12.50)

2 options offered to continue reading

e-wallet

from EUR/USD 50

Only buy articles you are interested in

ANNUAL SUBSCRIPTION

Unlimited access to the website

See our rates

Choose the option that suits you best: Compare all of our offers!

Do you want a free trial before subscribing?

Create your free account

Do you want a free trial before subscribing?

create a free account

This article may be accessed by subscribers and e-wallet holders (USD 12.50)

2 options offered to continue reading

e-wallet

from EUR/USD 50

Only buy articles you are interested in

ANNUAL SUBSCRIPTION

Unlimited access to the website

See our rates

Choose the option that suits you best: Compare all of our offers!

Do you want a free trial before subscribing?

Create your free account

Do you want a free trial before subscribing?

create a free account

Mining

Set up email notifications for these topics

ANGOLA
Arslanian frères
Diamantino Azevedo
Diyalbhai Vaghani
Eugénio Bravo da Rosa
João Lourenço
Julius Klein Group
Kapu Gems
KGK Group
Kothari
Navrattan Kothari
Raffi Arslanian
Sandeep Kothari
Sanjay Kothari
Saurimo Diamond Hub
Sodiam
Surat Diamond Bourse

Saurimo diamond hub, the showpiece of Lourenço's reforms

Saurimo's new diamond hub, built at top speed, and presented as a key feature of João Lourenço's mining reform programme, comes at a timely moment in the president's electoral calendar, allowing him to score points on several fronts.

ANGOLA Mining 18/03/2021

Uber-rich Kothari clan hitches its wagon to Lourenço's diamond sector reforms

The wealthy Indian Kothari family, which owns the KGK Group gemstone and jewellery company, is backing João Lourenço's shake-up of the diamond sector. By helping the president with his plan to make Angola more than a mere producer of stones, the Kotharis are counting on better access to the country's output.

Vice-chairman of KGK Group Sanjay Kothari.

ANGOLA Mining 02/02/2021

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

The sale of Brazilian Odebrecht 8.2% stake in Sociedade Mineira do Catoca (SMC) to Endiama was finally concluded on 21 January for $70m.

ANGOLA INDIA Mining 16/12/2020

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

Angola is turning to India in its search for new markets for its diamonds. Which looks like a win-win situation for both countries, as many diamond dealers in Mumbai are keen to end Dubai's stranglehold on Angolan stones.

Spotlight

ANGOLA UNITED ARAB EMIRATES Mining 11/12/2020

Dubai vies to keep grip on Angolan diamonds

The Dubai Diamond Exchange currently handles 90% of diamonds produced in Angola, and it wants things to stay that way. It is taking steps it hopes will prevent Luanda's mining sector reforms from reducing its market share.

Spotlight

ANGOLA 19/02/2019

Stock-take of Joao Lourenco's reform of the diamond sector?

After 18-months in power, what has Angolan president Joao Lourenco managed to achieve of his great reform to overhaul the country's diamond industry (AMI 409), no longer controlled by those close to former president Jose Eduardo dos Santos and his

Spotlight

ANGOLA Mining 13/02/2018

Lourenco's dissection of Dos Santos mining architecture

The sweeping changes brought throughout the mining sector by new president Joao Lourenco have kick started the mining community in action. But to ensure it isn't all just political posturing and it can actually secure foreign investment, the new administration

ANGOLA Mining 26/12/2017

Diamantino Azevedo to forge post-Isabel dos Santos diamond era

As Angolan state-owned company Sodiam can no longer call on

Set up email notifications for these topics

ANGOLA
Arslanian frères
Diamantino Azevedo
Diyalbhai Vaghani
Eugénio Bravo da Rosa
João Lourenço
Julius Klein Group
Kapu Gems
KGK Group
Kothari
Navrattan Kothari
Raffi Arslanian
Sandeep Kothari
Sanjay Kothari
Saurimo Diamond Hub
Sodiam
Surat Diamond Bourse

Once registered, you will be notified by a short message on your computer or mobile phone as soon as a new edition of our publication or an alert is published. Stay informed anytime, anywhere!

Algerian secret services in survival mode in North Mali

As fight against M23 continues, Kigali and Kinshasa wage war of intelligence

Buyers still sought by Luanda for Saurimo hub's diamond cutting facilities

Lourenço's Herculean struggles to reform the diamonds sector

This article may be accessed by subscribers and e-wallet holders (USD 12.50)

2 options offered to continue reading

Create your free account

create a free account

Set up email notifications for these topics

Saurimo diamond hub, the showpiece of Lourenço's reforms

Uber-rich Kothari clan hitches its wagon to Lourenço's diamond sector reforms

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

Dubai vies to keep grip on Angolan diamonds

Stock-take of Joao Lourenco's reform of the diamond sector?

Lourenco's dissection of Dos Santos mining architecture

Diamantino Azevedo to forge post-Isabel dos Santos diamond era

Set up email notifications for these topics

First visit

Contacts

Tools

Follow us

A website produced by

Indigo Publications also publishes:

Algerian secret services in survival mode in North Mali

As fight against M23 continues, Kigali and Kinshasa wage war of intelligence

William Ruto's new order

Africa in the Russia-Ukraine war

The Sahel threatened by a jihadist tornado

Buyers still sought by Luanda for Saurimo hub's diamond cutting facilities

Lourenço's Herculean struggles to reform the diamonds sector

This article may be accessed by subscribers and e-wallet holders (USD 12.50)

2 options offered to continue reading

Create your free account

create a free account

Set up email notifications for these topics

Saurimo diamond hub, the showpiece of Lourenço's reforms

Uber-rich Kothari clan hitches its wagon to Lourenço's diamond sector reforms

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

Dubai vies to keep grip on Angolan diamonds

Stock-take of Joao Lourenco's reform of the diamond sector?

Lourenco's dissection of Dos Santos mining architecture

Diamantino Azevedo to forge post-Isabel dos Santos diamond era

Set up email notifications for these topics

First visit

Contacts

Tools

Follow us

A website produced by

Indigo Publications also publishes: