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Today
05 december 2011
Angola has a huge wealth of mineral resources but, almost a decade after the end of a crippling civil war, it has yet to map them out and take advantage of the natural treasures, Antwerp Facets says.
If there was a title for under-performer in the diamond producing sector, the perennial winner would almost undoubtedly have been Angola. With abundant alluvial deposits and literally hundreds of kimberlite formations dotting a fault line that runs from the from Huila and Benguela provinces in the southwest, to the Huambo and Bie provinces, to the Luanda Sul and Lunda Norte provinces in the northeast, the country should have long been an African powerhouse, alongside Botswana, South Africa and Namibia.