Angola produced 10.7 million carats of diamonds between January and September 2025, according to data released by the Ministry of Mineral Resources, Petroleum and Gas. The figure represents a steady performance for Africa’s second-largest diamond producer amid global price fluctuations and efforts to attract new foreign investment into the mining sector.
As reported by Reuters, the ministry said the country generated more than $1.5 billion in export revenue during the period, largely driven by operations from key mining firms such as Catoca, which remains the largest diamond producer in Angola. The government noted that production volumes were consistent with its 2025 target of 13 million carats for the full year.
Angola’s diamond industry has undergone significant reforms in recent years to enhance transparency and competitiveness. According to Bloomberg, the government has introduced measures to modernize sales channels and encourage local beneficiation through value addition initiatives.
Industry analysts told Business Insider Africa that the output stability reflects investor confidence in Angola’s post-reform mining environment, which continues to attract exploration interest from global firms including De Beers and Rio Tinto.
