Angola and Zimbabwe signed last Monday, in Luanda, a memorandum of economic co-operation in the mining sector, aiming for research, prospecting, exploration, technical and technological support from the former to the latter.
The agreement was signed by the Angolan minister of Geology and Mining, Francisco Queiroz, and the Zimbabwean minister of Mining Development, Walter Chidhakwa, in the presence of senior cadres from both countries.
Under this protocol, henceforth Angolan firms will be able to invest in Zimbabwe and that country’s mineral resources can be brought to Angolan laboratories for chemical and geochemical tests.
Francisco Queiroz explained that Zimbabwe has a great potential in the diamonds sector, so Angola would like to explore this natural resource in that country.
On his turn, the Zimbabwean minister of Mining Development, Walter Chidhakwa, stated that Angola has experience and potential in the minerals exploration sector which can help Zimbabwe to grow and become a regional reference.