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Diamonds Local News

Angola Inaugurates New Diamond Processing Plant in Lunda Norte to Boost Output

Angola Opens $9M Diamond Processing Plant in Lunda Norte, Increasing Capacity by 140% The Governor of Lunda Norte, Filomena Miza, has inaugurated a new Recovery and Processing Plant (CRP) at the Chitotolo Mining Company, marking a significant investment in Angola’s diamond sector. The ceremony was attended by the Minister of Mineral Resources, Petroleum and Gas, Diamantino Pedro Azevedo, alongside other government and industry officials. Production boost and job creation Miza said the new plant is

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Transport and Logistics Local News

Angola Extends Bid Deadline for Namibe Corridor Concession

Angola Extends Namibe Corridor Tender Deadline to June 4 to Boost Competition and Proposal Quality Angola’s Ministry of Transport has extended the deadline for submitting proposals for the concession to operate, manage, and maintain the Namibe Corridor, moving it from May 4 to June 4. According to a government statement, the decision follows requests from bidders who said the original deadline did not provide sufficient time to prepare comprehensive and well-structured proposals, given the scale

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Local News Transport and Logistics

Zambia to Begin Construction of Lobito Corridor Railway Link in 2026

Zambia to Launch Lobito Corridor Rail Construction in 2026 to Boost Copper and Cobalt Exports Zambia’s President Hakainde Hichilema has confirmed that construction of a key railway link connecting the country’s mining regions to Angola’s Port of Lobito will begin later this year, marking significant progress on the Lobito Corridor project. Speaking on the sidelines of a conference after a meeting with the African Finance Corporation the project’s main promoter Hichilema acknowledged delays but said

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Local News Transport and Logistics

Angola Eyes Extension of Lobito Corridor to Tanzania to Boost Regional Trade

Angola Plans Lobito Corridor Expansion to Dar es Salaam to Strengthen Africa Trade Routes and Supply Chains Angola is considering extending the Lobito Corridor to Dar es Salaam in Tanzania, a move aimed at strengthening regional integration and creating a more efficient trade route linking the Atlantic and Indian Ocean coasts. Speaking at the “Radar Africa – The Paths of Angola” conference in Lisbon, Minister of State for Economic Coordination José de Lima Massano said

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Oil Economy Local News

Angola Oil Revenue Rises to $7.16 Billion in Q1 on Stronger Prices

Angola Oil Export Revenue Climbs 10% to $7.16B in Q1 2026 as Higher Brent Prices Boost Earnings Angola generated $7.16 billion from crude oil exports in the first quarter of 2026, representing a 10.18% increase compared to the same period in 2025, according to government data. The figures were presented by Secretary of State for Oil and Gas José Barroso during a quarterly review of the country’s oil and gas sector performance. Higher prices drive

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Local News Oil

Angola Oil Sector Faces Medium Risk of Money Laundering, Study Finds

Angola Upstream Oil Industry Identified as Medium Risk for Money Laundering and Corruption, New ANPG Report Says Angola’s upstream oil exploration and production sector carries multiple risks related to money laundering, corruption, and potential terrorist financing, according to a new regulatory study. The report, the Sectoral Risk Assessment on Money Laundering, Terrorist Financing and Proliferation Financing in the Upstream Segment, was prepared by the National Agency of Petroleum, Gas and Biofuels (ANPG) with support from

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International Infrastructure Local

Calucuve Dam Nears Completion to Strengthen Water Security in Southern Angola

Angola’s Calucuve Dam Set for July Completion to Boost Water Supply, Agriculture, and Drought Resilience The Calucuve Dam, located in the municipality of Cuvelai in Cunene province, is expected to be completed in July, according to the Ministry of Energy and Water. The project is part of Angola’s broader efforts to improve water access, strengthen drought resilience, and support regional development in the south of the country. Major water infrastructure project The Calucuve Dam includes

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Diamonds Economy Local

Lunda Norte Inaugurates Chitotolo Diamond Plant to Boost Production and Jobs

Angola Opens $9M Chitotolo Processing Plant in Lunda Norte, Raising Diamond Output Capacity by 140% The governor of Lunda Norte, Filomena Miza, has inaugurated the new Recovery and Processing Plant (CRP) of the Chitotolo Mining Company in a ceremony attended by the Minister of Mineral Resources, Petroleum and Gas, Diamantino Pedro Azevedo. The new facility is expected to significantly increase diamond production capacity while creating additional employment opportunities in the province, supporting both local livelihoods

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Diamonds Corporate News Economy Local

Endiama and Rio Tinto Launch Chiri Mining Venture for Diamond Exploration in Angola’s Lunda Sul

Angola Launches Chiri Mining JV as Endiama and Rio Tinto Begin Diamond Exploration in Lunda Sul Angola’s state-owned Endiama and global mining company Rio Tinto have officially launched the Chiri Mining Company, a joint venture that will carry out diamond prospecting and exploration in the Lunda Sul province. The company was formally established during a ceremony attended by Angola’s Minister of Mineral Resources, Petroleum and Gas, Diamantino Azevedo, marking a new phase in the country’s

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Local News Transport and Logistics

$1.32 Billion Secured for Lobito Corridor Railway to Link Zambia’s Copperbelt to Global Markets via Angola

Africa Finance Corporation and AfDB Back $5 Billion Lobito Corridor Railway to Connect Zambia Copper Mines to Angola Port The Africa Finance Corporation (AFC) and the African Development Bank (AfDB) have each committed $500 million toward the development of the Lobito Corridor railway project, a strategic infrastructure link designed to connect Zambia’s copper-rich regions to global markets through the Angolan port of Lobito. In addition, Italy will contribute approximately $320 million to the project, according

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