Angolan state-owned companies Endiama and Sodiam have legally become members of the Natural Diamond Council (NDC).
This achievement aligns with the Luanda Accord, which diamond-producing countries and industry stakeholders cosigned in June 2025, the organization said Wednesday. The accord represents a shared commitment to supporting the long-term health and integrity of the natural-diamond industry through the NDC’s marketing and education efforts.
“The future success of the industry will be defined by our ability to work together to communicate the true story of natural diamonds — both their desirability and their ability to drive development,” said NDC chair Sandrine Conseiller, who is also CEO of De Beers Brands. “Through growing the organization’s representation across the natural-diamond value chain, the NDC will be better positioned to amplify the collective voice of the industry, strengthen consumer education, and reinforce trust in natural diamonds as rare, precious creations of nature with profound social and economic impact.”
Despite some delays in the completion of the agreement, Antwerp World Diamond Centre (AWDC) CEO Karen Rentmeesters told Rapaport News that Sodiam and Endiama deposited a total of $8 million at the end of last year. This represents an important milestone, as it signals Angola’s willingness to assume its responsibilities — an example that could encourage other producing countries to follow suit, she added.
Image: Rough diamonds. (Shutterstock)