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Tanzania's Role in Africa's Diamond Production
June 5, 2024  
Tanzania's Role in Africa's Diamond Production Tanzania ranks ninth among the top ten diamond-producing countries in Africa, making a notable contribution to the continent's overall diamond output. Here is a detailed breakdown of Tanzania's position and significance within this list: Rich Mineral Resources Diamond Production Statistics Economic Impact Kimberley Process Certification Comparative Analysis with Other […]

Tanzania's Role in Africa's Diamond Production

Tanzania ranks ninth among the top ten diamond-producing countries in Africa, making a notable contribution to the continent's overall diamond output. Here is a detailed breakdown of Tanzania's position and significance within this list:

Rich Mineral Resources

  • Diverse Mineral Wealth: Tanzania is part of Africa’s mineral-rich tapestry, benefiting from the continent’s extensive mineral reserves. The country is not only rich in diamonds but also in gold, copper, and other valuable minerals, making it a crucial player in the mining industry.

Diamond Production Statistics

  • Production Volume and Value: According to the latest statistics from the Kimberley Process, Tanzania produced 375,533.14 carats of diamonds, generating a value of approximately $110,936,767.64. This substantial production highlights the country’s significant role in the global diamond market.
  • Global Ranking: Despite being ninth in Africa, Tanzania’s diamond production places it within the top 22 diamond-producing countries globally. This reflects its importance and potential in the diamond industry on a worldwide scale.

Economic Impact

  • Economic Contribution: The diamond mining sector is a vital part of Tanzania’s economy. The revenue generated from diamond exports significantly contributes to the country’s GDP, providing essential funds for development projects and economic growth.
  • Employment and Development: Diamond mining creates employment opportunities and fosters local development. Many Tanzanians are employed directly and indirectly in the mining industry, which boosts the livelihoods of numerous communities.

Kimberley Process Certification

  • Regulation and Ethical Practices: Tanzania's diamond production is regulated under the Kimberley Process Certification Scheme (KPCS). This international initiative aims to prevent the trade of conflict diamonds, ensuring that the diamonds exported from Tanzania are ethically sourced and contribute to peace and development.

Comparative Analysis with Other African Producers

Botswana: The Leading Producer

  • Top Rank: Botswana is the top diamond producer in Africa, with a staggering production volume of 24,509,939 carats, valued at approximately $4.7 billion. The country’s efficient mining industry and substantial reserves position it as a global leader in diamond production.

Democratic Republic of Congo (DRC)

  • Second Place: The DRC follows with 9,908,997.66 carats produced. Despite the high volume, the value is significantly lower at $64.96 million due to the type and quality of diamonds extracted.

South Africa and Angola

  • Significant Producers: South Africa and Angola are also major players, with production volumes of 9,660,233 and 8,763,309.3 carats respectively. Both countries have well-established mining sectors contributing substantially to their economies.

Other Notable Producers

  • Zimbabwe and Namibia: These countries produce 4,461,450.15 and 2,054,227.06 carats respectively. Their diamond industries are critical to their national economies.
  • Lesser Known Producers: Lesotho, Sierra Leone, and Guinea, while producing smaller volumes, still play important roles in the regional diamond market.

Tanzania's Unique Position

Tanzania’s diamond industry, although smaller in scale compared to Botswana and the DRC, is vital for its economy. The diamonds extracted in Tanzania are known for their quality, adding significant value to the country's mining sector. The government's commitment to ethical mining practices and international cooperation through the Kimberley Process ensures that Tanzania remains a reputable player in the global diamond market.

This blend of substantial mineral wealth, economic contribution, and adherence to ethical standards underscores Tanzania's prominent yet unique position among Africa's top diamond producers.

Top 10 diamond-producing countries in Africa, including Tanzania:

RankCountryProduction Volume (carats)Value (USD)
1Botswana24,509,939.00$4,700,321,539.00
2Democratic Republic of Congo9,908,997.66$64,959,638.25
3South Africa9,660,233.00$1,538,930,037.97
4Angola8,763,309.30$1,965,247,499.47
5Zimbabwe4,461,450.15$423,612,395.43
6Namibia2,054,227.06$1,234,496,934.12
7Lesotho727,736.95$314,358,893.67
8Sierra Leone688,970.20$142,907,210.45
9Tanzania375,533.14$110,936,767.64
10Guinea128,770.65$6,556,170.10

SOURCE: Kimberley Process Certification Scheme

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