Angolan Mining Sector attracts more Investment

Angolan Mining Sector attracts more Investment

The Minister of Mineral Resources, Oil and Gas, Diamantino Pedro Azevedo, announced Wednesday 8th February in Cape Town, South Africa, that many companies have guaranteed investment for the Angolan mining sector, during this year’s edition of the Forum “Indaba Mining ” 2023.

Diamantino Azevedo advanced these guarantees at the end of the intergovernmental conference, held on the sidelines of “Mining Indaba 2023”, having also stressed that at the said meeting he presented the achievements of the sector, both in terms of legislative and institutional reforms, which resulted in the current model of governance, as well as in terms of increasing geological knowledge and increasing technical facilities with the construction of laboratories.

No less important is the fact that Angola has marked the entry of technical-professional schools and centers of excellence, built over the last 5 years.

“As a result of the previous mandate, we have attracted 3 large companies to Angola, namely AngloAmerican, Rio Tinto and De Beers, and even others with small and medium capacity”, he said.

In the chapter of the held hearings, Diamantino Azevedo received investment guarantees for Angola.

“We have already solved the problems that prevented some companies from making the final decision to go to the country”, highlighted the minister. 

He informed that he left the message to the participants of the event that the Angolan Mining Sector envisages the improvement of environmental issues, greater involvement of communities close to the mining areas so that they can benefit from the mining activity.

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