Angola may tender mining rights to Chinese investors

China's private sector vital cog in African country's economic diversification

Angola will present its first international public tender in Beijing on Sept 16 to grant diamond, iron and phosphate mining rights to Chinese investors for the country located in the western part of southern Africa.

The Angolan embassy in Beijing said on Tuesday the process aims to bring mining concessions for diamonds in the Angolan provinces of Lunda-Norte and Lunda-Sul, iron mining in the province of Kwanza-Norte, and phosphates in the provinces of Cabinda and Zaire.