Kimberley Process leadership meets with president of Ghana as part of Africa Initiative
Ghana’s president discussed the country’s commitment toward the mandates and operating criteria of KP. He highlighted recent governmental changes in Ghana, mentioning the law on repatriation that makes 85 percent of revenues from exports of crude material returns to the county.
Now that all transaction of exports are recorded and indicated by the Bank of Ghana, diamonds from the country are sought around the globe. This is especially the case considering the country’s reputation for adhering to Kimberley Process requirements. Mineral exports from Ghana accounted for $2,515 million in the first quarter of 2016.
The Africa Initiative of KP is an attempt to maintain complete presence in the continent’s diamond-producing nations. As part of the initiative, Sulayem is visiting the Central African Republic, Angola, South Africa and Burkina Faso, among other African countries.