DiamondBuzz
Angola’s Diamond Industry Generates $1.8 Billion in 2025 Despite Market Pressures
Higher production and exports offset weaker pricing, driven by strong output from the Luele mine
Angola’s diamond sector recorded rough-diamond revenues of approximately $1.8 billion in 2025, supported by a sharp rise in production and exports, even as global trading conditions remained challenging.
According to a report, Angola exported 17.2 million carats during the year, marking a 69% increase compared with 2024. Total sales volume rose 70% to 17.7 million carats, while sales value climbed 21% year on year.
The report attributed the growth to improved sales management practices, including measures to avoid excess inventory, which helped boost both volumes and overall revenue. Angola’s rough diamonds are sourced primarily from the Catoca, Luele and Lulo mines.
The company highlighted the Luele mine as a key driver of the country’s expanded presence in international markets, noting that increased production significantly strengthened Angola’s ability to place diamonds globally.
Despite the strong volume performance, it was reported a 29% decline in the average selling price per carat, reflecting softer market conditions and pricing pressure across the rough-diamond sector.
DiamondBuzz
Qatar Diamond Exchange Partners With London Diamond Bourse To Expand Global Reach and Industry Collaboration
MoU Aimed At Fostering Deeper Commercial Ties, Expanding International Trade Opportunities, and Reinforcing Global Industry Standards. The Partnership Is Expected To Drive Economic Growth For Both Bourses While Enhancing Transparency and Trade Efficiency Across The Global Supply Chain.
The Qatar Diamond Exchange (QDE) and the London Diamond Bourse (LDB) have officially signed a Memorandum of Understanding (MoU) aimed at fostering deeper commercial ties, expanding international trade opportunities, and reinforcing global industry standards.
The strategic agreement was signed in London by QDE Director Ghanim Al-Saadi and LDB President Charlotte Rose. The partnership establishes a formal framework to enhance cooperation between the two institutions through reciprocal market visits, joint participation in trade events, and shared access to tenders and auctions.
This agreement marks the latest milestone in QDE’s strategic initiative to connect regional markets with major international trading hubs. In recent months, QDE has expanded its global network by establishing partnerships with prominent bourses in Tokyo, Singapore, Shanghai, and Italy.
Under the terms of the MoU, both bourses will collaborate to strengthen the natural-diamond and colored-gemstone sectors. A central pillar of the alliance is a shared commitment to upholding strict ethical and compliance standards, including guidelines set by the Responsible Jewellery Council (RJC) and the World Diamond Council’s (WDC) System of Warranties.
The partnership is expected to drive economic growth for both bourses while enhancing transparency and trade efficiency across the global supply chain.
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