Last week, Angola unveiled 16 prime areas available for mining investments during the “Angolan Mining Business Forum” in Johannesburg, South Africa.
The Minister of Mineral Resources, Oil, and Gas, Diamantino Azevedo, invited investors to witness Angola’s vast potential firsthand, emphasizing the country’s extensive natural resources and attractive business environment.
“Come to Angola and see for yourself. We have land, high mining potential, robust infrastructure, an investor-friendly legal and tax system, and a skilled, young workforce ready to drive your mining ventures,” Minister Azevedo stated.
The forum, hosted by the Angolan Ministry of Mineral Resources, Oil, and Gas, aimed to attract international interest and showcase Angola’s mining investment opportunities.
Moises Madondo, Executive Director of De Beers for Operations, endorsed Angola as “the world’s best destination for diamond prospecting and exploration.”
He assured attendees that De Beers will continue partnering with Angolan entities to uncover and develop diamond resources for the benefit of local communities and the country as a whole.
In a welcoming message, Nelson Sousa, Minister Counselor of the Angolan Embassy in South Africa, highlighted the strong connection between Angola and South Africa, noting that their partnership extends beyond physical proximity to a shared commitment to positively impact both nations’ economies. “Our mining sectors encompass resources like gold, iron, aluminum, and copper,” Sousa added.
At the forum, Djanira Santos, Executive Director of the National Mineral Resources Agency, presented the specific areas open for investment. The available zones span a diverse range of minerals and locations across Angola, including:
- Namibe: 426.33 square kilometers with copper mining potential.
- Benguela: A 1,013-square-kilometer area rich in copper.
- Cunene and Cuando Cubango: 570.83 square kilometers with diamond potential.
- Cuanza Sul: Multiple zones with iron ore, totaling nearly 3,000 square kilometers.
- Huila: 70 square kilometers with ferrous metals.
- Benguela and Huambo: Rare earth deposits over approximately 1,353 square kilometers.
- Lunda Norte, Malanje, and Lunda Sul: Areas with primary and secondary diamond deposits, covering thousands of square kilometers.
The forum’s theme, “Angola: Mineral Potential and Business Opportunities for Investors,” underscored Angola’s ambition to attract global mining investments, leveraging its rich resource base and strategic commitment to sustainable economic development.
