Angola President Lourenço Inaugurates Saurimo Diamond Development Hub

Politics
30/08/2021 07:33

In the presence of the representatives of several diamond producing, trading and manufacturing hubs, including Belgian Ambassador Jozef Smets, Angolan President Lourenço last week officially opened the Saurimo Diamond Development hub, aimed at reinforcing development and employment in Angola’s diamond-rich Lunda Sul province. The large Diamond Hub site already hosts three diamond manufacturing plants and will be completed with other diamond related services and training centers, as well as banks, restaurants, shops, convention centers and residential areas. A new diamond bourse – the Angolan Diamond Exchange (ADE) is planned to be set up in the country's capital, Luanda. Earlier this year, in May, the Antwerp World Diamond Centre (AWDC) visited the Saurimo development site during a two-day visit to Angola, bringing the CEO's of 20 Antwerp diamond companies to reconnect with Angolan diamond industry stakeholders, in collaboration with the Ministry of Minerals and Petroleum (MIREMPET).

[Photo credit: Embassy of Belgium in Angola, H.E. Ambassador Jozef Smets - left of Presidential Lourenço and First Lady]