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Home Development

Angola diamond sector invest US$235.8M in social projects

FurtherAfrica by FurtherAfrica
February 5, 2024
in Africa, Angola, Development, Economy, Mining
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The diamond sector in Angola has invested 235.8 million US dollars in social projects from 2017 to the first half of 2023, the head of the Brilhante Foundation marketing department, Sidónio Borges said last week in Luanda.

Speaking at a workshop on social responsibility actions and projects in the mineral resources, oil and gas sector, Borges said a total of 112.8 million US dollars to beginning new projects, while 123.04 million dollars to existing projects.

Also read: Angola improves 5 places in the Corruption Perception Index

He pointed out that the sector had invested heavily in the health sector, with a total 17.3 million US dollars over the 2017-2023 periods.

He stressed that the investments were channeled into preventing and combating Covid-19, through the purchase of safety equipment, tests, awareness campaigns, donations of medicines, hospital equipment, ambulances, support for the training of medical professionals and maternity hospitals.

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Source: Angop
Tags: AngolaAngola diamond sector invest US$235.8M in social projectsBrilhante FoundationdevelopmentdiamondEconomymineral resourcesMiningOil and gasSidónio Borgessocial projectsанголаأنغولاアンゴラ安哥拉
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