Yaoundé - 26 November 2020 -

Cameroon: The Kimberley Process traced 2,438 carats of diamonds produced locally in Jan-Oct 2020

Cameroon: The Kimberley Process traced 2,438 carats of diamonds produced locally in Jan-Oct 2020
  • Comments   -   Monday, 16 November 2020 16:27

(Business in Cameroon) - On November 11, 2020, in Yaoundé, during a session dedicated to the vote of the 2021 budget, the National Permanent Secretary of the Kimberly Process presented an overview of its activities since January 2020.

In that regard, it reveals that by end of October 2020, the Kimberly Process had traced 2,438 carats of diamonds produced in Cameroon, with 700 carats certified. The respective values of these precious stones are officially estimated at over XAF350 million and XAF35.3 million FCFA.

Let’s note that the Kimberly Process is an international control and tracing mechanism for diamonds traded around the world. It was initiated to prevent those precious stones from being used as a means of financing the activities of warlords.


“The State of Tax Justice 2020: Tax Justice in the time of COVID-19. ” This is the title of a report recently published by three NGOs (the Global Alliance...
On November 19, 2020, in Yaoundé, the Minister of SMEs, Social Economy, and Handicrafts (Minpmeesa), Achille Bassilékin III, chaired a workshop aimed at...
In a statement issued on November 24, 2020, the Italian company Piccini (withdrawn from the construction of the Olembé stadium) opposed the auctioning of...
On November 23, 2020, in Yaoundé, (at the opening of the 23rd, 24th, and 25th ordinary sessions of the Inter-ministerial Committee for the Assignment of...

Mags frontpage

Business in Cameroon n93: November 2020

Cashew, Cameroon’s new source of revenues

Covid 19 : “Making the team’s health a priority”

Investir au Cameroun n103 Novembre 2020

L’anacarde, la nouvelle source de recettes du Cameroun

Covid 19 : « La santé des équipes avant tout »