Angola’s Endiama Plans to Boost Diamond Output to 17 Million Carats by 2027
Angola’s state-owned diamond producer, Endiama, plans to increase annual production to 17 million carats by 2027, building on a record-breaking performance that has reinforced the country’s position in the global diamond industry.
According to a government publication distributed at the 2025 Africa Mining Indaba in Cape Town, Endiama produced 14 million carats of rough diamonds in 2024—the highest output in the company’s history.
This milestone elevated Angola to the rank of the world’s third-largest diamond producer by volume, trailing only Russia and Botswana.
An Endiama spokesperson said the company intends to raise output by a further three million carats over the next three years.
The production growth forms part of Angola’s broader strategy to maximise returns from its mineral resources while attracting long-term investment into the mining sector.
The expansion comes as the Angolan government signals ambitions to strengthen its role across the global diamond value chain, beyond upstream production.
Paulo Tanganha, Angola’s national director of mineral resources, revealed that the state is considering acquiring a 20% to 30% stake in De Beers, the global diamond giant majority-owned by Anglo American.
The proposed investment would be jointly held by Endiama and Angola’s national diamond trading company, Sodiam. If realised, the move would significantly enhance Angola’s influence within the international diamond market.
For Africa’s second-largest oil producer, diamonds are a cornerstone of economic diversification. Endiama’s rising production levels, alongside Angola’s potential entry into De Beers’ shareholder base, underscore a renewed push to convert mineral wealth into long-term economic leverage on the global stage.
