Angola is presenting its mining potential at the Mining INDABA 2023 Conference in South Africa, also promoting the minerals needed for the energy transition, the Angolan Minister of Mineral Resources, Oil and Gas announced Monday.
Diamantino Pedro Azevedo, who is heading the Angolan delegation to the event that began Monday in Cape Town, noted that publicizing the country’s mining potential aimed to attract investors to prospect and research those minerals on Angolan soil.
“For this conference we specifically bring the promotion of minerals that are necessary for the energy transition, we do not mean by that that we are only concerned with the important minerals for the energy transition, but to disclose the potential that the country also has,” the Angolan minister said on Monday.
Speaking on the sidelines of the opening of the conference, which runs until Thursday and brings together several operators from the mining sector from the African continent and beyond, Diamantino Pedro Azevedo also noted the presence of Angolan companies at the event.
“We bring the institutional part, where we show how companies can obtain mining rights so that they can carry out their activities in our country, as well as the infrastructures that we already have to support the mining industry,” he said.
Angola’s actions and potential in terms of the mining industry will be specifically addressed in a panel, as part of the conference, scheduled for Tuesday.
According to the Angolan minister, the delegation he heads, which has a full agenda, is also expected to meet with leaders of several global companies in the sector and with financial institutions interested in funding the Angolan mining sector.
The Mining INDABA Conference is considered to be the biggest African investment event in the mining sector.