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Africa looks set to cut and polish its precious commodity

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Africa looks set to cut and polish its precious commodity

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Leaders from the world’s diamond industry are in Antwerpen, Belgium for a two-day conference to support the efforts of African producers to cut and polish their own stones. African countries that traditionally mine the gems, now want to cut and polish the diamonds, taking a share of the market dominated by European diamond centres. Antwerpen is currently the world’s diamond capital, and likely to remain so, but African producers including South Africa, Botswana, Angola and the Democratic Republic of Congo want to start cutting, polishing and making their own jewellery. That will mean setting up their own diamond centres that will benefit African producers far more than simply sending the stones abroad.