Companies in the mining sector, along with government officials and representatives from civil society, have reacted to the Executive’s plan to commission a study on the competitiveness of the Angolan mining sector.
Minister of Mineral Resources, Oil, and Gas, Diamantino Azevedo, emphasized that such a study would facilitate decision-making regarding potential adjustments or changes to existing legislation within the extractive sector.
This initiative aims to align Angola with the standards set by the Extractive Industries Transparency Initiative (EITI), of which the country has been a committed member since 2002. Angola recently released its first transparency report in December, marking a significant step towards promoting transparency and accountability in the extractive industry.