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SIERRA LEONE

Beny Steinmetz's former right-hand man moves forward with Van Rooyen dynasty on Meya diamond mine

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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.

Trustco, owned by the Namibian Van Rooyen family, is in talks over $86m in funding to explore a diamond mine in Sierra Leone, a country where Jan Joubert, head of resources, used to work for BSGR. [...] (300 words)

Issue dated 23/11/2020 Reading time 2 minutes

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Beny Steinmetz's former right-hand man moves forward with Van Rooyen dynasty on Meya diamond mine