Angola announces investment opportunities in the mining sector

7 February 2017

The Angolan Ministry of Geology and Mining on Tuesday in Cape Town, South Africa, is due to announce the results of the National Geology Plan (Planageo), during the edition 2017 of the “Mining Indaba,” international conference, Minister Francisco Queiroz said on Monday.

At the end of a visit to the Angolan stand Queiroz said that the conference organised by his ministry would announce the results obtained by Planageo, and raise awareness of foreign companies about investment opportunities in Angola.

Queiroz said that Angola has everything to gain from promoting investment opportunities in the country at international meetings such as “Mining Indaba” that take place in Canada, the USA, Europe and Australia.

The 2017 edition of Mining Indaba began on Monday in Cape Town, with the participation of investors, lenders, banks, companies related to the mining sector, consultants and insurance companies.

This event seeks to attract investment to the sector and contribute to the growth and development of the African continent.

Under the motto “Taking advantage of the next wave of growth: how you can invest in mining in Africa for long term profit,” over four days the forum brings together mining sector specialists.

The event aims to find ways to boost a sector that is of extreme importance to Africa, as many African nations are focused on relaunching of mining projects in their countries.

A fair is also held alongside the conference takes where Angola is represented by the Ministry of Geology and Mines, with a stand offering promotional material on the government’s strategy for the sector, as well as from Planageo’s operators and private companies operating in the country. (macauhub)