Angola’s Diamond Sector Invests $235 Million in Social Responsibility Projects

Angola’s Diamond Sector Invests $235 Million in Social Responsibility Projects

The Diamond Subsector has contributed approximately $235.8 million to social responsibility projects from 2017 to the first half of 2023, revealed Sidónio Borges, Head of the Information Technologies and Marketing Department at Fundação Brilhante, during a workshop on social responsibility actions in Luanda.

Of this total, $112.8 million has been allocated to completed projects, while $123.04 million is earmarked for ongoing initiatives.

Leading contributors to these efforts include Sociedade Mineira de Catoca, Sodiam, Endiama, and Hipermáquinas, accounting for 75 percent of the overall investment.

Health initiatives received significant attention, with a total investment of $17.3 million during the specified period.

This allocation primarily focused on COVID-19 prevention and mitigation measures, including the purchase of biosafety materials, testing kits, awareness campaigns, medication donations, hospital supplies, and specialized vehicles such as ambulances.

Additionally, support was extended to medical professional training and the enhancement of facilities like the Lucrécia Paím Maternity Hospital, facilitated by ENDIAMA and SODIAM, among others.

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