Specific Remarks:

Angola is a founding member of the International Conference on the Great Lakes Region (ICGLR), and has been actively involved in its initiatives for peace, security, and development in the region. The country has hosted several ICGLR summits and meetings, including the 10th Extraordinary Summit on Peace and Security in 2023. Angola also plays a role in the ICGLR's efforts to address conflict, promote good governance, and facilitate economic development within the region.

Angola Minerals Certification Situation

Angola's mining sector is subject to various certification and regulatory frameworks, including those related to responsible sourcing of minerals and asset management within the industry. The country is also working on establishing a regional certification system for natural resources, aiming to curb cross-border mineral smuggling within the Great Lakes Region. Additionally, Angola offers tax incentives to attract foreign investment in mining and is actively developing its mining sector through various projects.

Here's a more detailed breakdown:

• 1. Responsible Minerals Initiative (RMI) and SGS:

• Angola is working towards responsible sourcing of minerals, and SGS Angola is an RMI-approved audit firm that provides expertise in RMI requirements.

• SGS Angola offers certification, inspection, testing, and verification services for minerals.

• 2. Regional Mineral Certification System:

• The International Conference on the Great Lakes Region (ICGLR) is working on a regional mineral certification system to combat mineral smuggling.

• Angola, along with other member states, is expected to implement this system, which will involve each country safeguarding its own mineral resources and those of its neighbors.

• 3. Asset Management (ISO 55000):

• ISO 55000 is an international standard for asset management systems.

• Angola's mining industry can benefit from ISO 55000 consultants to improve the performance of mining equipment and infrastructure, enhance productivity, and minimize environmental impact.

• 4. Mining Code and Tax Incentives:

• Angola's Mining Code allows for tax incentives for foreign investors, including reductions or exemptions on taxes like Industrial Tax, Investment Income Tax, and Real Estate Tax.

• These incentives are subject to approval by the Ministry of Mineral Resources and Petroleum (MIREMPET) and the Ministry of Finance (MINFIN).

• 5. Key Mineral Resources:

• Angola is known for its rich mineral resources, including diamonds, gold, copper, cobalt, nickel, manganese, and tin.

• Other minerals include precious stones (like rubies, sapphires, emeralds), construction materials (sand, clays, etc.), and ornamental rocks (granites, marbles).

• 6. Mining Sector Development:

• Angola is actively working to attract investment and develop its mining sector.

• AVM Advogados provides advice on the legal framework and investment opportunities in the mining sector.

• Various projects are underway, including copper and lithium projects, and the development of a manganese-to-silica processing facility.