Lucapa Diamond has found at its Lulo mine in Angola a 172.67 ct diamond.
The stone is the fifth stone of more than 100 ct recovered by the firm this year, the last being a 104 ct stone last week. Also, it the sixth type IIa diamond found since operations started at the mine. In February 2016, Lucapa recovered at Lulo a 404 ct stone, the biggest ever found in Angola (world’s fourth diamond producer), which it later sold for $16 million.
The Lulo diamond mine covers an area of 3,000 km² and is situated in the Lunda Norte, 630 km east of Luanda. Lucapa detains a 35-year operating licence for the project which it acquired in 2014.
Louis-Nino Kansoun
Absa Kenya hires M-PESA’s Sitoyo Lopokoiyit, signalling a shift from branch banking to a telecom-s...
Ziidi Trader enables NSE share trading via M-Pesa M-Pesa revenue rose 15.2% to 161.1 billio...
MTN Group has no official presence in the Democratic Republic of Congo, where the mobile market is d...
Deposits grow 2.7%, supporting lending recovery Average loan sizes small, credit risk persists ...
Global South Utilities (GSU) has begun building a 5 MWp hybrid solar plant with 5 MWh battery st...
On November 13, 2025, the U.S. government reopened after a 43-day shutdown, the longest in its history. The move was met with relief by agricultural...
In the Gulf of Guinea, oil producers have steadily multiplied. Nigeria paved the way, followed by Niger, Ghana and, more recently, Côte d’Ivoire. Benin,...
SENELEC to electrify 6,471 villages by 2029 $724 million programme backed by World Bank support Senegal targets universal access, expanding gas and...
Most food traded within West Africa moves by truck and largely escapes official records, highlighting both the scale of informal cross-border commerce and...
While Afrobeat has evolved into what is now known as Afrobeats, there is little dispute that the movement was pioneered by Fela Kuti. A musical genius and...
Benin is guest of honor at the 2026 African Book Fair in Paris. More than 400 authors and 150 publishers from 20 countries are expected. The spotlight...