Sonangol counts on diamond firms to boost revenue
A subsidiary of Angola's national oil company Sonangol, the telecom provider MSTelcom is hoping to offer its services to mining groups active in the province of Lunda Norte.
The French mining group Eramet has held talks with the Luanda authorities to look at the potential of the Angolan subsoil. President Lourenço is hoping that the major players in the sector will start to diversify the minerals being mined, a key element of his mandate.
Angolan President João Lourenço has been working hard to convince foreign firms to invest in the country's diamond sector (AMI 451) but also its copper assets and his efforts are beginning to pay off. The London and Johannesburg-based mining giant [.
After 18-months in power, what has Angolan president Joao Lourenco managed to achieve of his great reform to overhaul the country's diamond industry (AMI 409), no longer controlled by those close to former president Jose Eduardo dos Santos and his [.
The sweeping changes brought throughout the mining sector by new president Joao Lourenco have kick started the mining community in action. But to ensure it isn't all just political posturing and it can actually secure foreign investment, the new administration [.