Angola sold about 4,3 million carats of diamond in the first half of 2022 valued at just above $1 billion, according to data released by the country’s ministry of finance.
The southern African country started the year on a high note as it sold about 1,2 million carats worth $286 million or $4,080 per carat.
The carats sold in February dropped to 40 446 carats, earning the country about $38 million.
Diamond sales recovered in March as Angola sold about 600 000 carats at an average price of $450 to realise $2,2 million.
The country further sold 988 000 carats in May and 963 000 carats in June, which were sold for $220 million and $182 million, respectively.
Angola produced 9,4 million carats worth $1,5 billion in 2021.
Mathew Nyaungwa, Editor in Chief of the African Bureau, Rough&Polished
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