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Report: Angola to open Diamond Exchange in 2022

Angola seeks to cooperate in this area with Antwerp, an Angolan official said
Luanda, Angola
Credit: Anton_Ivanov

Angola’s Minister of Mineral Resources Diamantino Azevedo promises that his country intends to open a diamond exchange in 2022 “on an experimental basis,” IDEX Online reports.


rough diamonds lulu angola lucapa
Credit: Lucapa


Azevedo told Macauhub that Angola “seeks to cooperate in this area with Antwerp.” According to the State-owned Angolan National Diamond Trading Company (SODIAM), five “global tender and auction houses had already shown interest in participating in the Angolan diamond bourse.” This bourse will include “a gemological academy and a technological research centre.”


Credit: Pincasso


Currently, Angola is setting up a cutting and polishing in Saurimo, Lunda Sul. 

Tags: Diamonds News, Diamond Industry News

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