Yaoundé - 21 January 2020 -

About 5,000 carats of diamonds are produced along the Cameroon-CAR border every year (Kimberley process)

About 5,000 carats of diamonds are produced along the Cameroon-CAR border every year (Kimberley process)
  • Comments   -   Friday, 10 January 2020 11:02

(Business in Cameroon) - According to Daniel Mackaire Eloung Nna, Permanent Secretary of the Kimberley Process National Monitoring Secretariat, artisanal miners along the border between Cameroon and the Central African Republic in the east of the country produce about 5,000 carats of diamonds each year.

However, despite the measures taken by public authorities, this production is difficult to channel into formal routes, not only because of the porous nature of the borders but also because of the traffickers who scour the mining fields of both countries and supply informal marketing channels, mining experts note.

This exploitation of diamonds on the border between the two countries has often led to Cameroon being accused of being a hub for the trafficking of precious stones from the Central African Republic, a major diamond-producing country.

For example, in a report released on December 2, 2016, on the eve of a Kimberley Process assessment mission to Cameroon, Partnership Africa Canada (PAC), a funding mechanism supported by Canadian and African NGOs, revealed that “Cameroon is allowing conflict diamonds from the Central African Republic to cross its borders and enter the legal supply chain...”

These accusations were immediately rejected by Cameroon, which had in fact authorized a fact-finding mission by experts from the Kimberley Process, an international mechanism for tracing diamonds traded around the world, to prevent these precious stones from being used to finance armed conflict.

Brice R. Mbodiam

MTN Cameroon's customers can once again access the Internet, after the serious disruptions on the operator's network between 16 and 18 January 2020. In...
On the site hosting the Congo market, in Douala, foundations are gradually emerging from the ground. Thanks to a XAF28 billion public-private partnership...
About 150 Cameroonian students from higher education and vocational training institutes partnered with the Huawei ICT Academy (National Post,...
On January 8, Minette Libom Li Likeng (photo), the Minister of Posts and Telecommunications referred to Hessana Mahamat, the chairman of the board of...

Mags frontpage

Business in Cameroon n82-83: December 2019-January 2020

CFA: The debate is open in the CEMAC

Cameroon becomes CEMAC’s financial center

Investir au Cameroun n92-93: Decembre 2019-Janvier 2020

Franc CFA : le débat est ouvert en zone CEMAC

Le Cameroun devient la place financière de la CEMAC