logo
African Mining Week 2025 to host Invest in Angola's mining sector forum

African Mining Week 2025 to host Invest in Angola's mining sector forum

Zawya03-06-2025
CAPE TOWN, South Africa,/ -- The African Mining Week (AMW) conference - Africa's premier event for the mining sector, scheduled for October 1–3, 2025 in Cape Town – will feature a dedicated session titled Invest in Angola's Mining Sector, sharing insight into the vast investment opportunities across the country's mineral landscape. The session will showcase the immense, untapped potential of Angola's diverse mineral resources, providing investors with strategic insights and actionable pathways to capitalize on this burgeoning market.
Rich in a variety of minerals, including diamonds, copper, gold, lithium, rare earths and more, Angola offers significant growth opportunities for mining companies. As such, the Angolan session seeks to unlock these opportunities by connecting stakeholders under the broader event theme: From Extraction to Beneficiation: Unlocking Africa's Mineral Wealth.
African Mining Week serves as a premier platform for exploring the full spectrum of mining opportunities across Africa. The event is held alongside the African Energy Week: Invest in African Energies 2025 conference from October 1-3 in Cape Town. Sponsors, exhibitors and delegates can learn more by contacting sales@energycapitalpower.com.
In the diamond sector, the session will provide insight into strategic investment opportunities. A global leader in diamond production, Angola already presents a compelling investment case, backed by over 732 million carats of untapped diamond reserves valued at more than $140 billion. The country is pursuing both upstream expansion and downstream beneficiation. Key developments include a new pilot production and processing facility at Luachimba, launched by ENDIAMA - the national diamond company - and ongoing feasibility studies at the Xamacanda site. Global mining firm De Beers is also advancing exploration across eight new diamond project targets. AMW will link these promising projects with global investors and strategic partners, in line with Angola's ambitions to leverage its diamond wealth for sustainable economic growth.
Beyond diamonds, Angola is making substantial strides in its critical minerals sector as part of its long-term strategy to become a leading exporter of processed critical minerals - essential for the global energy transition. The government has identified 34 critical minerals, with key projects like Pensana's Longonjo Rare Earth Project driving the market expansion. In March 2025, Pensana secured $268 million in funding to begin phase one of development. The project will enable Angola to supply 5% of the world's high-grade rare earth carbonate, significantly boosting its role in the global rare earth sector. AMW will make a strong case for Angolan critical minerals, providing a platform where partners, investors and mining corporation can engage and sign deals.
Meanwhile, AMW 2025 will bring together global stakeholders to explore Angola's copper, lithium and manganese landscape. The country is advancing projects in these industries and new investment would fuel growth even further. China's Shining Star is set to begin commercial production at its 40-million-ton Mavoio-Tetelo copper project in northern Angola in 2025, while Ivanhoe Mines is undertaking extensive copper exploration. Mining companies Tyranna Resources and ST New Materials are unlocking new frontiers in lithium and manganese, while Rio Tinto is exploring for base metals under an agreement signed in 2024. These efforts underscore increasing international interest in Angola's critical mineral potential.
Distributed by APO Group on behalf of Energy Capital & Power.
SOURCE
Energy Capital & Power
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Fearless female entrepreneur rises from UAE with game connecting back to African roots
Fearless female entrepreneur rises from UAE with game connecting back to African roots

Al Etihad

time2 hours ago

  • Al Etihad

Fearless female entrepreneur rises from UAE with game connecting back to African roots

2 July 2025 00:32 KUUMAR SHYAM (ABU DHABI)Born in Ethiopia, raised in the Netherlands, and now thriving as a serial entrepreneur in Dubai, Kanessa Muluneh has built a career by spotting overlooked problems and transforming them into profitable latest project, Rise of Fearless, is a made-in-UAE, Africa-focused blockchain game that combines history, economic empowerment, and cutting-edge technology – and it's already gaining traction across the continent and diaspora.'I always knew that Africa, the Middle East, and Asia had potential,' Muluneh says. 'Western media often paints a negative picture, but when you come here, you see growth, innovation, and resilience.'Moving to Dubai three years ago was more than a change of scenery for Kanessa; it was a return to her roots. Having spent her childhood in Europe as an immigrant, she visited Ethiopia again as an adult and reconnected with her heritage in a profound way. 'The smell, the feeling, the sound, the language – everything just clicked. It felt like answers to questions I didn't even know I had,' she visit coincided with her networking with the UAE business community in trying to grow her fashion brand Mulu. 'I saw that UAE nationals were the largest investors in Ethiopia. They taught me about the African infrastructure, how things worked – including the challenges, like hard currency shortages or delivery nightmares.'Even if she would not have been told, she would have noticed anyways. And her solution, go eyes are always on the lookout for problems. After all she made her first couple of millions – the proverbial most hardest challenge – by finding a problem and solving it, all at the age of 20 in her first job as a fresh medical the hospital, she found that many female medical workers had to leave work to care for sick family members. She proposed a system where doctors could consult from home by redirecting hospital calls and accessing medical files by colleagues, she invested 8,000 euros in rerouting and file inventory. By 22, she sold that company for over €1.2 million. Her father immediately advised her to invest half of it for future and spend the other half wisely. Yet she couldn't resist splurging away the rest, so much that she had to plead with father to dip into the saved money for paying instalments for the luxury car she had brought. TikTok to Tech Her medical job was only to appease her parents. But technology excited her more. Muluneh started educating others – and herself – through a TikTok account in her mother tongue. While improving her language fluency, she shared lessons on blockchain, NFTs, and crypto. That platform evolved into a successful along she began investing in small African ventures – some as little as $500 – which later developed into full-fledged businesses. Eventually, the idea emerged to build a play-to-earn game to inspire Africa's younger generation. 'They don't want to be doctors or lawyers anymore,' she says. 'They want to be content creators, business owners. We wanted to give them a platform for that.'Muluneh found developers from the Filipino blockchain gaming community and began building her team – now more than 10 strong – in Dubai with roles spanning from game developers to marketers. 'Every business I build is about marketing first. If it doesn't sell, it's not a business,' she result: Rise of Fearless, a free-to-play, mobile-first Web3 game, deeply embedded in Ethiopian history. 'The game is based on the Battle of Adwa – when Ethiopians defeated the Italians. That moment shaped the African Union,' the founder wear traditional attire and resemble real Africans – a deliberate move to challenge the western-centric design in mainstream games. 'Current game characters for Africans don't look like us. This one does.'It is not just about Ethiopia as Kanessa has launched the game in South Africa and Kenya, with plans to expand to Ghana, Rwanda, Nigeria, and Mauritius. 'People say I'm limiting myself by focusing on Africa,' she says. 'But Africa has 1.5 billion people – and it can connects with the population largely in Asia too.'Rise of Fearless is built on blockchain, with plans for its own tokenomics and NFT system. Players can buy, sell, and trade in-game items – including rare NFT outfits – with real monetary value. 'For example, let's say there's only one rainbow-colored outfit in the whole game. If your character has it and becomes popular, its value increases – just like in real markets.'She also launched Mulu, a plus-size fashion brand that thrived during COVID. 'Sales were crazy,' she says, thanks to online fitness classes and socially distanced meetups – all cleverly used to market her products. She's now relaunching Mulu in the UAE, expanding it from plus-size to all sizes, focusing on family the end of 2025, Kanessa aims to compete with giants like Fortnite. 'That game donated $20 million in two weeks during COVID – from a free-to-play model. That's the potential we're looking at.' With Rise of Fearless, she's doing more than building a game – she's helping build a digital economy for Africa with global potential from the confines of UAE.

Jobs boost as the United Kingdom (UK) and Kenya bolster economic and security partnership
Jobs boost as the United Kingdom (UK) and Kenya bolster economic and security partnership

Zawya

time2 hours ago

  • Zawya

Jobs boost as the United Kingdom (UK) and Kenya bolster economic and security partnership

Trade and investment deals agreed during the visit will contribute over £1bn to the UK economy and create UK jobs in engineering, defence industries, technical and advisory services, and financial services The UK and Kenya will also increase collaboration to tackle organised crime, human trafficking and illicit finance through the UK-Kenya Security Compact The UK and Kenya will commit to a new Strategic Partnership as Kenyan President Ruto visits London The UK and Kenya will commit to working together to drive economic growth, protect climate and nature, foster collaboration in science and technology and strengthen regional security. During a visit to the UK by the President of Kenya, a pipeline of trade and investment deals worth over £1bn to the UK economy were agreed which will deliver on this government's commitment to boost jobs and prosperity back in the UK, as part of the government's Plan for Change. This includes the launch of a tender for a major urban redevelopment project in Nairobi which has been inspired by the regeneration of London's Kings Cross. The Nairobi Railway City project has already provided opportunities to UK businesses with British architecture firm Atkins UK chosen to design the central rail station and public square. The Government of Kenya is exploring funding the project through finance mobilised by the UK's Export Credit Agency, UK Export Finance, which will create UK jobs in engineering, technical and legal services. Both countries also agreed stronger cooperation to disrupt the air, land and sea routes used by organised crime groups to prevent illegal migrants transiting through Kenya in attempts to reach Libya and other countries before travelling on to Europe. Four of the top ten countries for Small Boat arrivals in the UK are near neighbours of Kenya (Eritrea, Sudan, Somalia and Ethiopia). Foreign Secretary, David Lammy, said: "Through our shared history and values the UK and Kenya have always had a close connection." "Now we are building a shared future; a modern, innovative and respectful partnership which is delivering real benefits – boosting growth and creating jobs for both Kenyans and the British people. We're going far, together." The UK and Kenya have also committed to increased defence and counter terrorism collaboration, including joint training and the creation of a new counter insurgency, terrorism and stability operations centre. Defence sales worth over £70m were agreed during the visit supporting manufacturing jobs in County Durham, Northamptonshire and Surrey. Kenya hosts the UK's most significant military footprint in Africa, including a facility that trains 3,000 UK troops a year. The UK's world leading financial services sector will also benefit; Lloyd's of London will announce today that they will be joining the Nairobi International Finance Centre, which will deepen the partnership between two leading financial centres providing access to up to £500m of insurance market potential in Kenya and the East Africa region. The two countries also committed to explore the potential of a bilateral digital trade agreement. Dubbed 'Silicon Savannah', the value of Kenya's tech sector is projected to reach £11.5bn by 2032. A digital trade agreement will open up opportunities in the sector for UK Plc. Distributed by APO Group on behalf of United Kingdom Foreign, Commonwealth and Development Office.

North Africa: Green Climate Fund approves a record $300 million for Food and Agriculture Organization of the United Nations (FAO)-designed projects in Papua New Guinea, Saint Lucia and the Sahel
North Africa: Green Climate Fund approves a record $300 million for Food and Agriculture Organization of the United Nations (FAO)-designed projects in Papua New Guinea, Saint Lucia and the Sahel

Zawya

time2 hours ago

  • Zawya

North Africa: Green Climate Fund approves a record $300 million for Food and Agriculture Organization of the United Nations (FAO)-designed projects in Papua New Guinea, Saint Lucia and the Sahel

The Green Climate Fund (GCF) has approved projects worth more than $300 million that will protect forests in Papua New Guinea, promote sustainable fisheries in Saint Lucia, and help grow Africa's Great Green Wall. The initiatives, designed by the Food and Agriculture Organization of the United Nations (FAO), were greenlighted at the 42nd meeting of the GCF Board, held in the Papua New Guinea capital from June 30 to July 3. It represents the highest-value batch of such approvals to date. 'Through sustainable forestry management, fisheries transformation and land restoration, these FAO-designed projects will make a significant difference to the lives and livelihood of these vulnerable communities, especially in the current global context of overlapping and complex crises due to climate extremes and other shocks,' said FAO Director-General QU Dongyu. 'FAO appreciates the unwavering trust that the GCF and Member Countries place in FAO's professional capacity to provide the required technical expertise to strengthen resilience and safeguard the livelihoods of the most vulnerable,' he added. 'The FAO-GCF partnership continues to be critical for the climate investments in agrifood systems required to deliver science-based concrete solutions to countries and communities where they are needed most, leaving no one behind.' All three approvals were outcomes of successful FAO-led GCF readiness projects, as well as other long-standing technical collaborations, which unlocked the resources countries needed to pursue more ambitious climate projects. Papua New Guinea FAO has supported the country to design a high-impact climate project, within the framework of GCF's pilot programme for results-based payments, that will direct investments worth $63.4 million into Papua New Guinea's sustainable forest management activities. This substantial GCF investment recognizes the Government's achievements in reducing greenhouse gas emissions by 17 million tonnes of carbon dioxide equivalent (tCO₂e) during the 2014-2016 period – comparable to taking over 3 million cars off the road for a year. Funding for the project falls under the initiative known as REDD+ (Reducing Emissions from Deforestation and forest Degradation), and will support the Government's efforts to conserve forests and implement the National REDD+ Strategy 2017–2027. Papua New Guinea has been an advocate for the REDD+ global process since its very inception in 2008. The country has kept forest conservation and reducing emissions from the forest sector high on the national and global agenda including through support from FAO and the UN-REDD programme. The investments seek to promote a virtuous cycle of emission reductions by promoting agroforestry, sustainable fuelwood and charcoal production, community pole and timber plantations, the restoration of natural forest, and more. The project will place special emphasis on the social dimension, prompting benefit sharing, encouraging stakeholder engagement, and strengthening both local and national capacities. Papua New Guinea's tropical rainforests – of which three-quarters are primary forests – cover 78 percent of the country's land, making it a global biodiversity hotspot. The forests are home to 191 species of mammals, and 750 species of bird. They also serve as vital carbon sinks, storing large amounts of carbon in above-ground biomass and soil. Saint Lucia The FISH-ADAPT project in Saint Lucia, with an investment of $16.7 million, has been designed to reduce the risks that climate change poses to the fishing and aquaculture sectors in this Small Island Developing State located in the eastern Caribbean Sea. The project aims to transform Saint Lucia's fisheries sector by making fishing safer and more productive despite a changing climate. It will foster a circular economy to help reduce waste, enhance resource efficiency, and promote livelihood diversification for more resilient communities. Fish value chains and markets will be strengthened; coastal fish grounds and aquaculture systems will become more climate resilient; and fishers will have more diversified incomes. The initiative will put in place agrifood solutions that build sustainability and resilience to improve efficiency, safety and productivity in the fisheries sector. These include empowering fishers and aquaculture farmers by enhancing access to weather data, upgrading landing sites and promoting sustainable offshore fishing. Saint Lucia's geographic position and socio-economic dependence on the fisheries sector make it especially vulnerable to the impacts of climate change. Fisherfolk who rely on the sea for their livelihoods are finding it increasingly difficult to adapt to a changing climate and declining fish stocks. Increased air temperature and changing rainfall patterns have also been affecting inland aquaculture. Considering these challenges, FISH-ADAPT will target approximately 75,000 beneficiaries – about 41 percent of the population – including marine fishers, sea-moss farmers, fish vendors and processors, and inland aquaculture farmers. The Sahel The Scaling-Up Resilience in Africa's Great Green Wall (SURAGGWA), with an investment of $222 million, will support livelihoods of agropastoral and pastoral communities living in the Sahel's semi-arid regions, who are extremely vulnerable to climate change. The initiative is FAO's first multi-country proposal and the largest funding request ever submitted on behalf of its Member Countries. It builds on the extensive work done by FAO on the Great Green Wall initiative, in particular the Action Against Desertification Programme. The initiative will seek to scale up successful land restoration practices using a diversity of native species to increase livelihood resilience while also sequestering carbon. It will develop value chains for climate-resilient and low-emission non-timber forest products, supporting the livelihoods and food security of vulnerable communities. Another key aspect of the project will be to strengthen national and regional Great Green Wall institutions to ensure the sustainability and coordination of interventions and monitoring of restoration results as well as mobilizing additional resources including through climate change adaptation and mitigation financing mechanisms. The SURAGGWA Programme will advance the African Union's ambitions to transform Sahelian landscapes by restoring 100 million hectares of degraded land and creating 10 million jobs. Working with smallholder farmers and pastoralist communities, it will also build resilience and contribute to climate change mitigation through carbon sequestration in restored lands across the eight participating countries (Burkina Faso, Chad, Djibouti, Mali, Mauritania, Niger, Nigeria and Senegal). A quarter of the 100 million people who live in the Sahel rely on pastoralist livelihoods. Poverty, social tensions, and climate change put additional strain on herders and farmers who already compete for limited resources and land. Agriculture, livestock and forestry activities are the foundation of their economies and more than 70 per cent of rural communities depend directly on rainfed agriculture. The FAO–GCF partnership The new approvals raise FAO's GCF portfolio to over $1.8 billion, with climate investments delivering sustainable agrifood system solutions to the countries and communities where they are needed most. You can read more about FAO's partnership with GCF here. Distributed by APO Group on behalf of Food and Agriculture Organization (FAO).

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store