Angola’s Minister of Mineral Resources, Oil and Gas, Diamantino Azevedo, has extended an official invitation to South African business leaders to explore investment opportunities in Angola’s mining sector.
The announcement was made during ‘Angola Day’ at Indaba Mining 2025, which took place from 3–5 February in Cape Town, South Africa.
A Call to Investors: Angola’s Untapped Mineral Wealth
Speaking at the event, Minister Azevedo emphasised Angola’s vast and largely unexplored mineral wealth, including gold, copper, iron, niobium, rare earths, and heavy sands. He encouraged geologists and mining companies to visit Angola, highlighting significant opportunities in igneous and carbonatitic complexes, as well as the extension of the Copperbelt, which remain open for investment.
Despite over 100 years of diamond exploration, Angola still possesses undiscovered mineral resources, offering new frontiers for mining companies and geologists seeking groundbreaking discoveries. The Minister reassured investors that Angola is committed to welcoming foreign partnerships, ensuring a transparent and stable regulatory framework that protects property rights and promotes sustainable business growth.
Opportunities Beyond Mining Companies
Beyond mining exploration, service providers are also being invited to Angola to capitalise on the sector’s rapid growth. With increasing investments and the expansion of exploration activities, new business opportunities are emerging across the entire mining value chain, from logistics to technology solutions and operational services.
Minister Azevedo reaffirmed Angola’s commitment to transparency and good governance, citing the upcoming implementation of the Digital Minas Gerais Registration System (CMA), which will enhance regulatory efficiency and investor confidence. He underscored the full autonomy of the National Agency of Mineral Resources, ensuring a stable and secure investment environment for all stakeholders.
Industry Leaders Share Their Success Stories
‘Angola Day’ at Indaba Mining 2025 also featured insights from eight major mining companies currently operating in Angola, including De Beers, Sodiam, Rio Tinto, Nobonga, Shining Star, Anglo American, Angolytio, and Ivanhoe. Their experiences highlighted Angola’s potential as a mining investment destination, reinforcing government efforts to attract global players to its mineral sector.
As part of its ongoing mining sector expansion, Angola recently signed a Minas Gerais investment contract for diamond exploration in Lunda-Norte (Kimberlites) between the National Agency of Mineral Resources, Endiama, and NDuma. This agreement further demonstrates Angola’s commitment to fostering international partnerships and expanding its footprint in the global mining industry.
With favourable investment conditions, untapped mineral resources, and a stable regulatory environment, Angola is positioning itself as a premier destination for mining exploration in Africa. As Minister Azevedo stated, “Come to Angola, and we will welcome you with open arms to establish mutually beneficial relationships.”
Further Africa
