Angola wants to become a mining powerhouse

mining-record

To make it possible for Angola to become a mining powerhouse in Africa is the will of the Angolan authorities. The goal is to attract more private investment that will contribute to the diversification of the economy, this according to a statement made last Friday in Luanda by the Angolan Minister of Geology and Mining, Francisco Queiroz.

The Minister spoke during a debate on the impact of investment in the mining sector and the diversification of the Angolan Economy, organized by the US-Angola Chamber of Commerce (USACC). During the debate, the Minister demonstrated the example of  Mozambique: “Mozambique is currently on the route of development due to a national geological plan, which although it lacks the size and ambition of our own, has managed to attract very high investments for exploration of aluminium, gas, coal and other mineral resources,” he said, adding that the results achieved by Mozambique “Give us the certainty that in Angola we can make important discoveries of each of the 38 existing minerals in the country”.

The Executive Director of the US-Angola Chamber of Commerce, Pedro Godinho, said in turn that the event entitled “First Friday Club” held in a hotel, aimed to promote projects with the greatest potential to boost the diversification of the Angolan economy. The First Friday Club started in March 2012.

The US-AngolaChamber of Commerce (USACC), which has a 25-year history, is dedicated exclusively to promoting trade and investment by the United States in Angola while also promoting Angolan economic development. (Source: MacauHub/Angop)

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