{"id":277407,"date":"2026-02-10T19:55:11","date_gmt":"2026-02-10T19:55:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/277407\/"},"modified":"2026-02-10T19:55:11","modified_gmt":"2026-02-10T19:55:11","slug":"angola-targets-record-17-million-carats-in-diamond-production-to-become-africas-gemstone-kings","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/277407\/","title":{"rendered":"Angola targets record 17 million carats in diamond production to become Africa&#8217;s gemstone kings"},"content":{"rendered":"<p>\n        According to a government publication circulated at the 2025 Africa Mining Indaba in Cape Town, Endiama produced 14 million carats of rough diamonds in 2024, the highest output in its history.\n    <\/p>\n<p>\n        An Endiama spokesperson said the company aims to further increase output, targeting 17 million carats over the next three years, up from 14 million.\n    <\/p>\n<p>\n        The strategy reflects Angola\u2019s broader push to maximise the value of its mineral wealth and attract long-term investment into the sector.\n    <\/p>\n<p>\n        The expansion drive comes as the Angolan government signals interest in gaining a stronger foothold in the global diamond value chain.\n    <\/p>\n<p>\n        The potential stake would be jointly held by Endiama and Angola\u2019s national diamond trading company, Sodiam, a move that could deepen the country\u2019s influence in the international diamond market.\n    <\/p>\n<p>\n        For Africa\u2019s second-largest oil producer, diamonds remain a critical pillar of economic diversification. Endiama\u2019s rising output and Angola\u2019s possible entry into De Beers underscore a renewed determination to turn mineral resources into sustained economic leverage on the global stage.\n    <\/p>\n","protected":false},"excerpt":{"rendered":"According to a government publication circulated at the 2025 Africa Mining Indaba in Cape Town, Endiama produced 14&hellip;\n","protected":false},"author":2,"featured_media":277408,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[138,219,111,139,69],"class_list":{"0":"post-277407","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-business","9":"tag-economy","10":"tag-new-zealand","11":"tag-newzealand","12":"tag-nz"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/277407","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=277407"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/277407\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/277408"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=277407"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=277407"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=277407"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}