Buying Diamonds In West Africa

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Buying Diamonds In West Africa. Sierra Leone Sierra Leone originally a British Colony mined diamonds legitimately and profitably until its Independence in 1961. West Africa is a well known transit center for smuggled diamonds especially for Lebanese traders with many sales funding criminal and terrorist groups.

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He views the diamonds in an unsecured location even though he was promised before he came to Africa that the goods were to be viewed at Brinks or some other secure location. To understand the African diamond trade you have to know how and why diamonds are exploited in parts of Africa as well as where this has been and continues to be a problem. With little to no new major diamond discovery the shortage in the wholesale market will be around US 3 Billion.

European and American intelligence sources have long known that Hezbollah has raised significant amounts of money in West Africa through the largely Shiite Muslim Lebanese communities in Sierra Leone Ivory Coast Burkina.

A brief report is. If you are looking for the top quality loose diamonds in South Africa. Sorry we have detected unusual traffic from your network. The cutting resistance of a diamond is 140 times more than its nearest rivals Rubies and Sapphires.