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Showing posts with the label africa diamond

India Boosts Trade with Africa

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To formulate a strategy to boost India-Africa Trade & Investment The Commerce Ministry and Indian High Commissions and Embassies of eleven African countries arranged an interaction over Digital Video Conference (DVC) over two days, on 3rd and 6th May 2019, with the Indian business community in Africa. The interactions with Indian Diaspora were held in Tanzania, Uganda, Kenya, Zambia, and Mauritius, Nigeria, Mozambique, Ghana, South Africa, Botswana, and Madagascar. This initiative was held in order to build an effective engagement with the Indian Diaspora in Africain order to further deepen and strengthen India-Africa trade ties. The DVC was attended by over 400 members of Indian business community in 11 African countries. India’s total trade with the African region during 2017-18 was USD 62.69 billion (8.15% of India’s total trade with the World). India’s share of exports to African countries as a percentage of India’s total exports to the world was of the order o

The first parcel of Mothae exported to Antwerp

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The parcel consists of about 2,500 carats, including  Six top-colour Type IIa Lulo white diamonds Lucapa Diamond provides an update on diamond sales from the Lulo alluvial diamond mine in Angola. As previously advised, Lucapa has been supporting its Angolan Government partners as Angola establishes the technical regulations for the recently-gazetted diamond marketing policy being introduced as part of the Government’s diamond sector reforms. As part of these discussions, Lulo alluvial mining company, Sociedade Mineira Do Lulo, is preparing to sell certain select large premium-value diamonds in what will be the first Lulo production to be sold through the new marketing channels. The diamonds were extracted from run of mine production at Lulo and held over from previous sales by SML in anticipation of the new marketing policy being introduced. They include six top-colours Type IIa white diamonds weighing a total of 449 carats, along with a 46 carat pink diamond.