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ANGOLA

Luanda shuns Antwerp's courtship of its diamonds and stays loyal to Dubai

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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.

Angola did not respond warmly to the arguments put forward by a delegation of diamond industry leaders from Antwerp, who travelled to Luanda to pursuade João Lourenço to end Dubai's virtual monopoly over the country's diamond production. [...] (483 words)

Issue dated 12/05/2021 Reading time 2 minutes

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Mining

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ANGOLA
AGD Diamonds
Chaim Pluczenik
Covid-19
Dali Diamonds Co
Diamantino Azevedo
Dubai Multi Commodity Centre
Endiama
Grib Diamonds
Isabel dos Santos
Isi Mörsel
João Lourenço
José Eduardo dos Santos
Koin International
Pluczenik Diamond Co
Rio Tinto
Sodiam

Lourenço's last try for Saurimo diamond hub success

During the Dubai Diamond Conference, the Angolan government will showcase its new Saurimo diamond hub, which has been slow in finding investors.

AFRICA SAUDI ARABIA 20/12/2021

Leaving trading to Dubai, Riyadh is hoping to be the Gulf's other mining hub for Africa

On a full-scale push in Africa, Mohammed bin Salman's Saudi Arabia is trying to present itself as the key to developing a responsible mining industry on the continent.

ANGOLA Mining 06/12/2021

Luanda prospects for diamond financing

Buoyed by the opening of Alrosa's second kimberlite mine and Rio Tinto's arrival in the country's diamond sector, the Angolan authorities promoted themselves to international investors at a diamond industry conference in Saurimo.

Angola's Minister of Mines and Petroleum Diamantino Azevedo speaking at the Angola International Diamond Conference on 25 November 2021.

ANGOLA Mining 26/11/2021

Sodiam inches toward opening its diamond training centre

The new diamond cutting and polishing training centre at the Saurimo diamond hub should soon be opening its doors and replacing the modest temporary facilities that have been housing some fifty students since the summer.

ANGOLA Mining 11/11/2021

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

The former deputy governor of the diamond province of Lunda Sul, Domingos Kajama, has set up a new mining company with the Matias family and a senior civil servant.

ANGOLA Mining Business 08/07/2021

Lourenço entrusts agricultural megaproject to Frelimo-backing Gulamo family

Angola's state diamond company Endiama and RGS Holdings, run by the Gulamo family, close to Mozambican president Nyusi's party, are launching a massive agricultural development project in the Lundas provinces, the bastion of the country's diamond industry.

ANGOLA Mining 01/07/2021

Set up email notifications for these topics

ANGOLA
AGD Diamonds
Chaim Pluczenik
Covid-19
Dali Diamonds Co
Diamantino Azevedo
Dubai Multi Commodity Centre
Endiama
Grib Diamonds
Isabel dos Santos
Isi Mörsel
João Lourenço
José Eduardo dos Santos
Koin International
Pluczenik Diamond Co
Rio Tinto
Sodiam

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Luanda shuns Antwerp's courtship of its diamonds and stays loyal to Dubai

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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create a free account

Set up email notifications for these topics

Lourenço's last try for Saurimo diamond hub success

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Luanda shuns Antwerp's courtship of its diamonds and stays loyal to Dubai

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

Create your free account

create a free account

Set up email notifications for these topics

Lourenço's last try for Saurimo diamond hub success

Leaving trading to Dubai, Riyadh is hoping to be the Gulf's other mining hub for Africa

Luanda prospects for diamond financing

Sodiam inches toward opening its diamond training centre

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

Lourenço entrusts agricultural megaproject to Frelimo-backing Gulamo family

Australia's Lucapa struggles to repatriate cash from Lulo diamond sales

Danish art magnate offers Windhoek platform to bypass diamond middlemen Free

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

Endiama, Ferrangol and Sodiam on charm offensive in Paris

Bombarded on the oil front, Joao Lourenco shores up his mining turf

Set up email notifications for these topics

First visit

Contacts

Tools

Follow us

A website produced by

Indigo Publications also publishes: