Namibia has signed the Luanda Accord, expanding the group of producing nations backing coordinated global marketing for natural diamonds. At the same meeting, GJEPC and DMCC formalized their intention to become members of the Natural Diamond Council (NDC).
The second high-level meeting of the Luanda Accord took place on 9 February 2026 in Cape Town during African Mining Indaba 2026. The Accord brings together governments and industry stakeholders committed to sustained funding for global generic promotion of natural diamonds under the NDC framework.
With its accession, Namibia joins Angola, Botswana and the Democratic Republic of Congo as signatories. The government has committed to contribute to global category marketing in line with the Accord’s principles, following completion of required authorizations.
Modestus Amutse of Republic of Namibia said, “Natural diamonds have helped shape Namibia’s economic story for more than a century, creating jobs, supporting communities and contributing directly to national development. By joining the Luanda Accord, Namibia is affirming that producing countries have both a stake and a responsibility in telling the true story of natural diamonds.”
Amber Pepper of Natural Diamond Council said, “Namibia’s decision to formally join the Luanda Accord is a powerful signal of leadership from one of the world’s largest diamond-producing nations. Collective action is essential to protect the integrity and desirability of natural diamonds.”
During the meeting, GJEPC and the NDC signed a Memorandum of Understanding establishing a pathway for GJEPC to secure NDC membership by 1 May 2026, subject to agreement on financial contribution and regulatory processes.
Shaunak Parikh of GJEPC said, “India sits at the heart of the global natural diamond value chain, from cutting and polishing to a fast-growing domestic consumer market. Joining forces with the Natural Diamond Council reflects our belief that the future of natural diamonds depends on collaboration, transparency and a shared commitment to building long-term consumer confidence.”
DMCC also signed a Letter of Intent confirming its plan to join the NDC by 1 May 2026.
Ahmed Bin Sulayem of DMCC said, “As the world’s largest diamond trading hub, DMCC is home to a leading community of companies operating across the global diamond trade. Our move toward membership of the Natural Diamond Council reflects our commitment to supporting this community, while also contributing to the continued growth and long-term stability of the natural diamond industry.
Strengthening the way natural diamonds are presented to consumers is key to building awareness and sustaining demand. We also recognise the important role African producing nations play in the industry and will continue to work with partners to help ensure the value generated supports economic progress in the countries and communities from which these resources originate.
By connecting production with international markets through Dubai, DMCC will continue to support a transparent, competitive and future focused diamond sector.”
