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The Nexus
BUSINESSMay 15 · 13:29 UTCSEMAFORPrashant Rao

Angola backs mining investment, not sales quotas or export bans

Angola's minerals minister announced the country will attract mining investment through favorable conditions rather than implementing export restrictions or quotas like other African nations. Angola is also pursuing a minority stake in De Beers that would grant it board representation, while Botswana separately seeks a majority stake in the diamond company.

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