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DRC plans Adex joint venture to capture more value from artisanal diamonds

DRC plans Adex joint venture to capture more value from artisanal diamonds

The Democratic Republic of Congo plans to create Adex RDC SA, a joint venture aimed at strengthening the processing and international marketing of diamonds and colored gemstones, particularly those produced through artisanal mining. Mines Minister Louis Watum Kabamba presented the project to the Council of Ministers on May 29, 2026, and the government approved the initiative following deliberations.

According to the Council of Ministers' minutes, Adex RDC SA will be equally owned by the Mining Fund for Future Generations (FOMIN) and Adex Platform AG, with each partner holding a 50% stake.

The partnership is intended to modernize the Congolese diamond industry and help the country retain a larger share of the value generated by its mineral resources.

In his presentation to the government, the mines minister highlighted the Swiss partner's experience in the diamond sector. According to the minutes, Adex Platform AG is a consortium that includes companies and industry stakeholders involved with the World Diamond Council.

Local processing

The project aims to develop higher-value activities within the country, including the cutting, polishing and international marketing of diamonds and colored gemstones. Authorities expect this approach to increase revenues from the sector by reducing reliance on exports of rough stones.

According to estimates from the Center for Expertise, Evaluation and Certification (CEEC) cited in the government presentation, the artisanal mining deposits targeted by the project, which have been exploited since 1936, could sustain production for at least another 50 years.

The government also expects the venture to generate substantial revenue for the public treasury during its first five years of operation. However, the Council of Ministers' minutes do not specify the projected amounts or provide a timeline for the company's ramp-up.

Authorities estimate that the project could create between 30 and 40 direct jobs within Adex RDC SA, along with 120 to 150 indirect jobs. The initiative is also expected to facilitate the transfer of technology and expertise from Switzerland to the DRC.

For Kinshasa, the creation of Adex RDC SA could support the emergence of downstream industries linked to the diamond sector, including jewelry manufacturing and other value-added processing activities.

The government has yet to disclose details of the company's operating model, investment plans, launch timeline and the exact scope of its future activities.

Ronsard Luabeya

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