Africa-Press – Angola. The President of Botswana, Mokgweetsi Masisi, expressed yesterday, in Cape Town, South Africa, his country’s intention to cooperate with Angola in the field of diamonds.
The statesman was speaking to the Angolan press, during the visit to the Angola stand, within the framework of the International Conference on mining in Africa called Mining Indaba, where he was received by the Minister of Mineral Resources and Petroleum, Diamantino Azevedo.
At the Angola stand, Mokgweetsi Masisi highlighted the riches of Angola that place the country in a position of “many opportunities and experience”. have the return of wealth, to improve the conditions of the two peoples.
Angola Stand Attracts Investors
The Minister of Mineral Resources and Petroleum, Diamantino Azevedo, highlighted the visit of the Head of State of Botswana to the Angola Stand. “We talked about the need to work together on diamonds and we will give a note to the President of the Republic, João Lourenço”, said the Angolan official.
Regarding the adhesion to the stand, which is being very popular, Diamantino Azevedo reiterated that Angola’s objective is always to attract investors to the mining sector, which has resulted in success.
At the fair, Angola presented a panel with the theme “Angola: the Destination of Choice for Investment in Minas”.
“Come invest in the Angolan mining sector”
The Minister of Mineral Resources, Oil and Gas, Diamantino Azevedo, said yesterday, in Cape Town, South Africa, that Mining Indaba represents for Angola the aspiration to restore the necessary confidence in mineral development, which continues to be a fundamental pillar of the Angolan economy.
“We recognize the role of private investors and I believe that, by participating in this forum, they are in the right place”, said the minister at the opening of the day that Mining Indaba dedicated to Angola.
The minister spoke about the country’s mineral potential and noted that Angola will present tangible case studies of some mineral projects at the event. “We will provide an overview of the favorable political environment and investment opportunities we have” and, with that, “my message is clear: come invest in the Angolan mining sector”.
The minister highlighted that the country, over the last five years, has taken concrete and decisive steps to transform the mineral industry into one of the most attractive sectors of the Angolan economy. “We are now reaping the benefits of regulatory and institutional changes,” he said.
“Certainty, transparency and improved efficiency are the hallmarks of good regulation and this will guide any other reforms we make (…) Thus, we also want to inform you that, very soon, Angola will become a member of the Extractive Industries Transparency Initiative (EITI)”.
Diamantino Azevedo also highlighted, as a result of this opening, the return to Angola of Anglo American, De Beers and Rio Tinto as integral parts of the minerals industry. “We are targeting the majority of large multinational and junior mining companies”, because “our Government has taken a political decision not to be directly involved in the management of mining businesses, and, therefore, the management of companies is reserved for the sector private”.
Diamantino Azevedo invited all investors who participated in the forum promoted by Angola to introduce themselves and join “with us, as we rebuild and grow the Mining sector”, as he stressed “I know that many of you will have the exchange with other participants , on the sidelines of this forum, but rest assured that the team from the Ministry of Mineral Resources, Oil and Gas is ready to welcome you to Angola”.
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