Luanda, Nov 29, 2024 (AFP) - Sanctioned Russia sells shares in Angolan diamond mines

NAMPA / AFP

2024-11-29

Angola has announced that Russian shares in two of its major diamond mines have been sold to an Omani-backed fund as a result of international sanctions, a government official said. Russia's diamond giant Alrosa was until now a joint owner of Angola's Catcoa mine, the fourth largest in the world, and Luele mine, in partnership with the southern African nation's state-owned company Endiama. The European Union imposed sanctions on Alrosa, also sta......

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