Botswana, Angola Join WFDB
The addition of the diamond-producing countries as nation affiliated members broadens the federation’s global representation, WFDB said.

The nations’ memberships were approved during the WFDB Presidents Meeting, held before the WFDB International Summit, which took place May 18 and 19 in Gaborone, Botswana, hosted in collaboration with Botswana’s Ministry of Minerals and Energy.
WFDB said the inclusion of Botswana and Angola reflects the importance of producer-country participation in shaping the future direction of the natural diamond sector, particularly around responsible sourcing, downstream development, and long-term market sustainability.
“Bringing together governments, producers, traders and industry leaders in Botswana reflects the increasing importance of alignment across the natural diamond sector at a time of significant change for the industry,” WFDB President Yoram Dvash said.
“The inclusion of Botswana and Angola further strengthens the Federation’s global representation and reinforces our shared commitment to transparency, responsibility and the long-term future of natural diamonds.”
The theme of the summit was “Nation-Building and the Future of Responsible Luxury.”
It centered on the long-term positioning of natural diamonds, including provenance, beneficiation, transparency, sustainability, and value creation across producing nations and trading centers.
The event coincided with Botswana’s celebrations for its 60th year of independence.
Bogolo Joy Kenewendo, Botswana’s minister of minerals and energy, said, “Hosting the WFDB International Summit in Botswana during the celebration of our 60th anniversary reflects the important role Botswana has played in the governance and promotion of natural diamonds. It further highlights the impact diamonds have had on our national development journey.”
“Joining the WFDB is a further symbol of our commitment to stronger international collaboration, responsible growth and ensuring natural diamonds continue to create long-term value for our people and the wider industry.”
Dr. Diamantino Azevedo, Angola’s minister of mineral resources, petroleum and gas, added, “Angola is committed to building a modern, transparent and globally competitive diamond sector.”
“Joining the WFDB represents an important step in strengthening our engagement with the international trading community while supporting broader cooperation across the industry.”
Botswana and Angola will participate in the World Diamond Congress 2026, slated for July 12-15 in Singapore, as members of the WFDB.
Founded in 1947, WFDB is the umbrella organization for the world’s leading diamond bourses.
The Latest

It was a banner day for blue gemstones, with another blue diamond topping $8 million and a 41-carat sapphire going for $2.3 million.

The approval means the retailer is on track to exit bankruptcy proceedings this summer.

The men are believed to be part of the group of several masked suspects that robbed Marc Robinson Jewelers in April.

As gold prices rise, today’s retailers are looking for alternatives at prices that will appeal to wider audiences.

The bridal-focused brand is also launching its Custom Atelier this summer, a digital custom design tool for its authorized retailers.


The De Beers Group CEO also discussed tariffs, Desert Diamonds, and the pending sale of De Beers in an interview with Michelle Graff.

The industry veteran is bringing his 56-year run in the fine jewelry sector to an end.

With the trade and customer trust in mind, GIA® developed NextGem™ – on-demand training designed specifically for retail.

The panel discussion will feature LGBTQ+ leaders across the jewelry, luxury, and creative industries.

Inspired by a locket that got run over, the “Smash” capsule collection reimagines the shape of Lichtenberg’s signature style.

The company has promoted Katherine Whitacre to the role.

The jewelry manufacturer has added Taylor Swift-esque diamond shapes, and more silver, gold vermeil, and gold-plated jewelry.

Those born in June can celebrate with pearl, alexandrite, and moonstone jewelry.

The platform allows retailers to guide clients through a customizable engagement ring buying experience in a branded interface.

Jim Springer, owner of Dunkelberger’s Fine Jewelry, is heading into retirement.

When conducting its May consumer confidence survey, The Conference Board asked extra questions about consumers’ budgeting strategies.

The “Tunnel” charm, our Piece of the Week, celebrates Pride Month with its design inspired by hope and the light at the end of the tunnel.

Up for auction at Sotheby’s, the collection of Tempelsman’s personal effects includes a Cartier Tank watch Jackie O. gifted him.

The Miami-based fine jewelry brand will host its first summer residency in the Colorado mountain town from June 5 to Aug. 23.

The organization also announced its international board of directors for the 2026-2027 term.

Saks Global confirmed the closure this week, spelling the end for a store that’s been part of downtown Dallas for more than 100 years.

Smith discusses how managers should handle a top performer's exit, warning that a poor response could have a lasting impact.

The Gemological Institute of America is now a 30 percent stakeholder in Tracr, the De Beers-backed blockchain for diamonds.

The retailer is bringing Rolex Certified Pre-Owned watches to five U.S. cities in 2026 for collectors to see, try on, and purchase.

The actress and entrepreneur stars in the jeweler’s new campaign that celebrates life’s quiet moments.

The price of gold has risen, affecting the number of pieces designers make, the materials they use, and how they position themselves.

The jewelry retailer is zeroing in on Zales, Jared, Kay Jewelers, and Blue Nile as it looks to create unique brand identities for each.
























