Out of a total of US$430 million worth of diamonds earmarked for local manufacturing, which is in line with the marketing and sales agreement between Namibia and De Beers signed in 2016, Namib Desert Diamonds (Namdia) has been granted the right to 15 percent, or a minimum of US$150 million, for international sales.
Namibian diamonds are of the highest quality in the world. The world’s diamonds manufacturers and diamantries, therefore, have a great appetite for these precious stones. This is the view of Kennedy Hamutenya, Chief Executive Officer of Namib Desert Diamonds (NAMDIA), which was established in 2016 “to discover the price of Namibia’s diamonds in the international market.”