Diamonds Economy of Angola

angola third largest producer of diamonds in africa , has explored 40% of diamond-rich territory within country, has had difficulty in attracting foreign investment because of corruption, human rights violations, , diamond smuggling. production rose 30% in 2006 , endiama, national diamond company of angola, expects production increase 8% in 2007 10 million carats annually. government trying attract foreign companies provinces of bié, malanje , uíge.

the angolan government loses $375 million annually diamond smuggling. in 2003 government began operation brilliant, anti-smuggling investigation arrested , deported 250,000 smugglers between 2003 , 2006. rafael marques, journalist , human rights activist, described diamond industry in 2006 angola s deadly diamonds report plagued murders, beatings, arbitrary detentions , other human rights violations. marques called on foreign countries boycott angola s conflict diamonds . in december 2014, bureau of international labor affairs issued list of goods produced child labor or forced labor classified angola 1 of major diamond-producing african countries relying on both child labor , forced labor. u.s. department of labor reported there little publicly available information on [angola s] efforts enforce child labor law . diamonds accounted 1.48% of angolan exports in 2014.