Editorial Staff, Monday, May 18, 2026. Reading time: 6 min

The Madrid Chamber of Commerce hosted the Angola-Spain Business and Investment Forum, where the Angolan Minister of Mineral Resources, Diamantino Pedro Azevedo, and Ambassador Balbina Malheiros Dias da Silva presented the opportunities in mining and logistics to Spanish companies.

The Official Chamber of Commerce, Industry and Services of Madrid recently hosted the Angola-Spain Business and Investment Forum to present mining opportunities to Spanish companies, seeking to strengthen trade links and guarantee the supply of critical raw materials to Europe.

A strategic meeting for mining and the energy transition

The development of strategic resources not only drives internal growth but also positions Angola as a key partner in the global commodities market. To this end, the in-person event was attended by prominent institutional figures, including Her Excellency Balbina Malheiros Dias da Silva, Ambassador of the Republic of Angola to Spain, and Diamantino Pedro Azevedo, Angola's Minister of Mineral Resources, Petroleum, and Gas. They led the Angolan delegation before a large audience of Spanish executives and experts.

During his address, Minister Diamantino Pedro Azevedo highlighted the geopolitical significance of the meeting: “Today, we have the opportunity here in Madrid to share with Spanish investors knowledge of Angola’s mining and oil sectors, and the investment opportunities available.” He also noted that Spain is a key historical ally due to the strong bilateral relations established over many years between the two countries, institutions, and companies. The Minister emphasized that “the importance of mining and oil is becoming increasingly evident due to all the geopolitical events and technological developments worldwide,” stressing the value of critical minerals within the current global energy transition framework.

A strategic market for business diversification

During the official opening of the forum, Ángel Asensio, president of the Madrid Chamber of Commerce, emphasized the growing interest that the African country is generating within the international business community. "Angola is consolidating its position as one of the main economic hubs in Sub-Saharan Africa, with significant potential for growth and diversification," Asensio stated. The meeting served to foster a fluid dialogue between the public and private sectors, facilitating a comprehensive view of global market priorities.

The president of the chamber of commerce identified several key sectors with high potential for cooperation and joint development for Spanish corporations:

• Mining and extractive resources focused on the efficient exploitation of resources.
• Energy and strategic infrastructure for regional development.
• Large-scale civil engineering and construction.
• Information and communication technologies (ICT).
• Environment and sustainable management of water and natural resources.
• Specialized services and high-value strategic consulting.

Forum focuses: regulation, logistics and secure financing

The meeting's program delved into the essential technical and regulatory aspects for foreign investors, such as the country's geological potential, the regulatory framework for investment, the well-established diamond industry, and the development of transport infrastructure. A point of particular interest was the analysis of the main logistics corridors that connect the country, crucial for the export of raw materials and the import of capital goods.

Angola Strategic Logistics Corridors	Operational Impact and Infrastructure
Luanda Corridor	It facilitates direct connection with the main economic center and the capital's port.
Lobito Corridor	A crucial rail and port hub for regional and international foreign trade.
Moçâmedes Corridor	Strategic route designed for the efficient export of mining production from the southwest of the country.

The event also addressed European financing instruments available for projects related to critical raw materials, essential for mitigating risks. The day concluded with a roundtable discussion moderated by Juan Carlos Rodríguez-Ovejero, Senior Advisor in Extractive Industries at SATEC, which led into an institutional and corporate networking session focused on attracting individuals or companies interested in establishing operations in the country.

On behalf of the business community, Juan Amías explained the role of SATEC, a Spanish firm that has been operating in the African country since 2008: “We are collaborating and have supported the Angolan embassy in Angola’s efforts to attract international investment, especially Spanish and European, focused on the extraction and exploitation of its vast mineral resources.” Amías emphasized that their primary objective, which they are working on with official bodies, is “to create the conditions for these investments to be carried out effectively and with legal certainty,” guaranteeing a secure and stable supply to meet the demands of industry in Europe.

Key points and frequently asked questions about investing in Angola

What role do Spanish companies like SATEC play in the Angolan market?

Companies like SATEC[Company Name], with a presence in the country since 2008, actively collaborates with institutions and the embassy to attract international investment, focusing on creating optimal conditions that ensure efficiency and [the] legal security in mineral resource extraction projects.

Why are Angola's mining and oil industries gaining greater relevance in the current international context?

Due to recent geopolitical developments and global technological advancements, the demand for critical minerals and oil has intensified. These resources are considered essential to ensuring a secure supply and supporting the energy and economic transition of Europe.

What are the main infrastructures that facilitate foreign trade in Angola?

The country promotes its development through three fundamental pillars: the Luanda Corridor, Lobito Corridor and the Moçâmedes CorridorThese logistics infrastructures are key both for the import of capital goods and for the export of raw materials to the international market.