Africa: How is the diamond sector developing in Angola?

Angola is the third leading diamond producer in the African continent and the sixth in the world. In this dossier by our team, you will discover how this historic industry has evolved despite the challenges of Covid-19. It’s an economic boom, of course, but it also benefits the country’s social and societal dynamics.

Lunda Sul, Angola’s mining province, is heavily invested in the diamond business. A new development center is being established in the city of Saurimo, powered by green energy. It will bring together everyone working in the diamond industry, both public and private, in one place. The aim is to stimulate growth and recognize the full potential of the industry.

Diamond polishing factories, offices and a specialist training center are at the heart of this business.

Jose Ganga Junior, Managing Director of Endiama: “This center is part of the effort to increase the diamond value chain. Until now, we were basically a rough diamond producing and exporting country. With this centre, we add value to it, we polish it in Angola. In the near future we have about 20 percent of our production. We have set a goal to transform .

Henriques Cardoso, Civil Engineer and Project Director, Saurimo Diamond Development Hub: “The training center will have 11 courses, all related to mining. At this center, we will also have laboratories to support courses and facilities. There will also be full-time, in-house students at the center. “

The idea is to develop the diamond workforce of the future and help Angola diversify its economy.

Henriques Cardoso, Civil Engineer and Project Director, Saurimo Diamond Development Hub: “As the term suggests, this is a development center for the region in particular, but also for the country as a whole – especially for the east. A center that can benefit the population in terms of employability. Young people Besides their technical and vocational training, they will also benefit from the job market.”

Wilson Cambunji is already taking advantage of this. He works for the solar company that regulates the central area.

Wilson Cambunji, General Assistant, MoTrice İnşaat Yapım: “This means a lot to me as it is the first time I have worked with such colleagues. I am learning a lot. Many things I don’t know. “

The African Diamond Council, the official governing body, says Angola’s diamond industry represents around 1.2 billion euros in annual production.

The Somiluana diamond mine has been in production for over a decade.

Dionísia Pinto, Mining Forewoman, Somiluana Mine: “What we’re starting to see lately is women are actually taking over the mining industry… I love the job, I take care of it until it’s done.”

Angola climbed an unprecedented 37 places in the FutureBrand Country Index last year.

They focus on social responsibility and transparency in the diamond industry. Both are key to attracting prospective foreign, private investment.

José Ganga Junior, Managing Director, Endiama: “Today Angola is one of the countries with the greatest potential for diamond mining due to its reserves. It is a virgin country and we welcome anyone interested in investing in Angola.”

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