:: ANGOLA :: EMBASSY :: CONSULAR SEC. :: ECONOMY :: TRAVEL :: CULTURE :: LINKS
PROFILE
MACROECONOMY
INTERNATIONAL RELATIONS
NATURAL RESOURCES
INFRASTRUCTURES
Regime OF Importation
REGIME OF INVESTMENT
LAW OF INVESTMENT
LAW OF INCENTIVES
INVESTMENT PROCEDURES
Português

    NATURAL RESOURCES

Angola has one of the most important reserves of oil, Gas and Diamonds of Africa. In its seas inhabit important maritime species and its climate is favourable to a great variety of cultures. The numerous water courses that cover the country offer excellent possibilities of irrigation and confer an interesting hydroelectric-power potential.

Oil and Natural Gas

The oil constitutes the main support of the Angolan economy. This sector  represents more than 90% of the exportations of the country. Currently the country is the bigger producer of oil of subsaharian Africa with proven reserves of 3.1 billions of barrels, and estimates for discovering of 1.9 billions of barrels. The main reserves of oil are located in the Province of Cabinda and at the north Coast between the Soyo and Quinzau.
Further on, Angola possesss equally important gas reserves, estimates in 50 a thousand million cubical meters.

DiamonDs

After the oil, the diamonds constitute the main product that Angola exports. The main diamond reserves are located in the Northeast of the country, region where the product knows great pureness and excellent quality. In fact, more than 70% of discovered diamonds are of great quality, which has conferred to the country the right to appear between the main countries producers. A bigger part of diamonds is extracted in the valley of the Cuango.

 

Other Resources

 But the Angolan subsoil is equally rich in other minerals:

         Iron - Can be found in the provinces of Malange, Bié, Huambo, Huíla and Kwanza-North.

        Phosphate The phosphate reserves are valued in 150 million tons and can be found in the provinces of Cabinda, Zaire and Bengo.

         Marble, black granite and quartz Can be found in the Southeast of the country, in the provinces of Namibe and Huíla.

         Uranium The deposits of Uranium are located close to the border with the Namibia 

 

Embassy of  the Republic of Angola All rights reserved

 24 Eleftheriou Venizelou Str., 15237 Filothei Athens Hellas. Phone: +30 210 6898681-2, Fax: +30 210 6898683