Angola’s state-owned diamond companies, Endiama and Sodiam, have officially joined the Natural Diamond Council (NDC) as contributing members, marking a significant step in the country’s integration into the global natural diamond industry.
Effective July 1, 2025, both companies will begin their participation with a joint contribution of $8 million for the second half of the year.
“By joining the Natural Diamond Council, Endiama and Sodiam are formalizing our dedication to a global strategy that highlights the unmatched benefits of natural diamonds to new generations of consumers,” said Diamantino Azevedo, Angola’s Minister of Mineral Resources, Oil and Gas.
With this move, Endiama and Sodiam join an elite group of NDC members, including De Beers, Okavango Diamond Company, Petra Diamonds, Rio Tinto, and Murowa.
Their inclusion reinforces Angola’s commitment to transparency, sustainability, and ethical practices in the diamond sector.
“Their membership will significantly enrich our collective voice in sharing the powerful story of natural diamonds rooted in positive impact, rarity, and authenticity,” said David Kellie, CEO of the Natural Diamond Council.
Angola is currently the world’s third-largest producer of natural diamonds, a sector that plays a critical role in the country’s economic and social development.
In a parallel announcement, De Beers also confirmed a renewed $8 million contribution to the NDC for 2025, underlining the growing support for the council’s mission.
