(IDEX Online) - Namibia's state-owned diamond company has named the 36 "special clients" that will buy the bulk of its output for the next three years.
Dubai and Belgium both have nine clients, India eight, Israel five, USA three, but only two from Namibia.
Namib Desert Diamonds (Namdia) was founded in 2016 following an agreement between the government of Namibia and De Beers to "test"' whether Namibia was getting the best deal selling via De Beers on the open market. Namibia is the world's sixth biggest diamond producer.
Namdia's full list of special clients:
Dubai: SBMH Group, DA Trading DMCC, Dhamani, KP Sanghvi, Lamha Jewels, Mira DMCC, Samir Gems, Yaelstar DMCC and M Suresh Company DMCC.
Belgium: AC Diam BVBA, Chintan Gems, Dev Jewels BVBA, Diamond Trading, Diamwill, Pluczenik Diamond, Rosy Blue NV, Sarvin BV and SV Gems.
India: Kapu Gems, KBS Diamonds, Pansuriya Impex LLP, Shivam Jewels, Hari Krishna Exports, Pansuriya Impex LLP, SNJ Diam and Shree Ramkrishna,
Israel: DYS Namibia Group, D Navinchandra Exports, JB & Sons, Levintal Diamonds, SegalDiam and Andre Messika Ltd.
United States: Grandview Diamonds, Lieber & Solow and Seneca.
Namibia: Tate Diamonds and Schacter and Namdar.