Endiama Targets Record Diamond Production in 2026 After achieving diamond production of more than 15 million carats in 2025, Endiama has set ambitious targets for 2026, forecasting national output to exceed 16 million carats. The projection was announced by Ganga Júnior, Chairman of the Board of Directors of Endiama, during a press conference held on Thursday to present the company’s 2025 performance results and its strategic objectives for the current year. According to Angop, the
Angola Highlights Mining Investment Opportunities at Mining Indaba 2026 The Minister of Mineral Resources, Petroleum, and Gas, Diamantino Azevedo, will lead the Angolan delegation at the 32nd edition of the Mining Indaba, scheduled for February 9–12, 2026, in Cape Town, South Africa. According to a statement from the Ministry of Mineral Resources, Petroleum, and Gas (MIREMPET), the conference will adopt the theme “Together Stronger: Progress Through Partnerships”, emphasizing innovation, sustainability, investment attraction, and the future
Zambia’s Ambassador to Angola Tours Lobito Oil Refinery, Boosting Regional Energy and Trade Links His Excellency Rev. Dr. Elias Munshya, Zambia’s Ambassador to Angola, concluded an official working visit to Benguela Province with a technical tour of the Lobito Oil Refinery, a flagship energy infrastructure project within the Lobito Corridor framework. The visit took place on Wednesday, January 14, 2026, and marked the final engagement of the Ambassador’s programme in Benguela, which aimed to strengthen
Angola to Sell Sonangol Stake in PAENAL to Boost Offshore Oil and Gas Services Angola has taken a decisive step to strengthen its offshore oil and gas support infrastructure by approving the sale of the State’s indirect shareholding in PAENAL – Porto Amboim Estaleiros Navais Limitada to a strategic and technological partner. According to Presidential Decree No. 368/25, published in the Official Gazette on December 31, 2025, the State’s participation in PAENAL, held through Sonangol,
Angola’s National Diamond Company Targets Value Addition as Production Tops Annual Goal Angola’s National Diamond Company has reaffirmed its commitment to expanding geological exploration and strengthening value addition across the diamond production chain, as the country seeks to extract greater economic benefit from its mineral resources. Speaking in Luanda on Monday, Chairman of the Board of Directors Ganga Júnior said the company is focused on moving beyond the export of rough diamonds by investing in
Angola’s Diamond Revenues Set to Rise Sharply Despite Weaker Prices Angola is projected to generate $1.8 billion in diamond revenues in 2025, representing a 21% increase compared with the previous year, according to Sodiam, the state-owned National Diamond Trading Company. In a statement, Sodiam said the projected revenues are based on the sale of 17.7 million carats of diamonds, marking a 70.2% rise in export volumes year on year. The company attributed the strong performance
Angola’s Lobito Refinery to Boost Energy Independence and Drive Benguela’s Economic Transformation The Governor of Benguela Province, Manuel Nunes Júnior, has described the Lobito Refinery as a transformative project that will elevate Angola to a new level of energy autonomy while offering tangible hope and opportunity for the region’s youth. Speaking on Tuesday during a visit by President João Lourenço to the refinery’s construction site, Nunes Júnior said the project represents an anchor investment and
Zambia Reaffirms Support for Lobito Corridor to Enhance Trade, Infrastructure, and Regional Integration Zambia has reaffirmed its strong commitment to the Lobito Corridor following an official visit by its Ambassador to Angola, His Excellency Rev. Dr. Elias Munshya, to the Port of Lobito in Benguela Province. The visit underscores Zambia’s ongoing efforts to strengthen cooperation along this strategic regional infrastructure initiative linking Angola, Zambia, and the Democratic Republic of the Congo. During a high-level meeting
Luele Mining Sets Ambitious Diamond Production Goal, Boosts Sustainability and Social Development Luele Mining Company plans to produce more than nine million carats of diamonds in 2026, the company’s CEO, Romulo Mucase, announced while reviewing the firm’s first two years of operation. “We are preparing the mine to ensure a steady supply of ore and optimal operation of our processing plant, which now has two mills. We aim to extract over 12 million cubic meters
Angola Reports Progress on Mineral, Oil, and Gas Structuring Projects with Focus on Full Execution Angola’s Ministry of Mineral Resources, Petroleum and Gas has reported that the country has 16 structuring projects for prospecting and exploring mineral resources, but only 11 of these are currently active. The projects cover a range of minerals, including diamonds, iron, copper, phosphate, rare earths, lithium, and gold, with 68.75% in operation. The remaining five projects, representing 31.25%, are currently
