AN ESTIMATED 65% OF THE WORLD'S DIAMONDS COME FROM AFRICAN COUNTRIES.
The majority of today's diamonds are sourced from Africa, Canada, Russia, Australia and South America. When measured by value, Botswana is the biggest producer of diamonds in the world. Other African countries that produce diamonds and are Kimberley Process compliant include:
- Central African Republic
- Democratic Republic of Congo
- Sierra Leone
- South Africa
Countries such as Angola, Sierra Leone and Liberia rely on diamonds, as a major natural resource, to benefit their populations. In these countries, the revenues from diamonds play a pivotal role in helping to build hospitals, provide education and build infrastructure. Revenues from diamonds from some African countries are also being used in their fight against HIV/AIDS.
Revenue from diamonds has an increased importance in helping previously war-torn countries establish economic stability. Countries such as Angola, Sierra Leone and Liberia are now at peace and starting to use revenues from rough diamond exports to rebuild their economies and infrastructures.
- IDEX Online http://www.idexonline.com/