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Head of State wants more investments in diamonds

Luanda, ANGOLA, November 3 - President João Lourenço Friday in Luanda urged the board of the diamond company (Endiama) to design policies that attract great investors and multinationals into the Angolan market. ,

The president was addressing the ceremony of swearing in of members of boards of the Angola Reserve Bank (BNA) and of the diamond (Endiama) and iron (Ferrangol) firms.

According to president João Lourenço, the Angola Diamond Prospecting, Exploration, Polishing and Trade Company is one of the major firms of the country’s productive sector and  could greatly contribute to the State’s coffers, should it be wisely run.

João Lourenço also urged the Endiama board to re-evaluate its diamond trade policy and adopt fair and transparent attitudes that attract investors and discourage artisanal mining.

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