Angola is tapping into its potential and aspiring to become the third-largest diamond producer and cutter in the world, the CEO of its national diamond company Endiama said on Monday.

“We have been working with major diamond companies around the world to add more value to the sector,” Jose Manuel Ganga Junior told the media while reviewing the company's performance in 2019.

Semi-industrial diamond exploration will be discarded and full industrial operations will be installed to improve competitiveness, transparency and efficiency, said, Ganga.

He hoped that relevant measures will help create more jobs and cut down on imports while increasing exports.

Angola is the world's fourth-largest rough diamond producer trailing after Russia, Botswana and Canada, according to Geology.com.