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Luanda, Angola


Yet to be assessed
16 June 2022

Overview and role of the EITI

Angola was admitted as an EITI implementing country in June 2022.

As the second largest oil producing country in Africa, Angola’s economy is heavily dependent on oil and gas production, which accounts for about a third of the country’s GDP. In 2020, oil accounted for about 90% – or USD 18 billion – of the country’s total export earnings. The country also has a significant mining sector with diamond exports totaling over USD 1 billion in 2020.

In August 2020, Angolan President João Manuel Gonçalves Lourenço issued a decree officially stating the decision to apply to join EITI. The government applied to join the EITI in order to stem corruption, support the country’s transparency and accountability reform agenda, improve the investment climate and support efforts towards improved domestic resource mobilisation.  

To achieve these objectives, Angola’s EITI work plan includes specific activities committed to disclosure of contracts, the disclosure of beneficial ownership data, systematic disclosure of extractives revenue data and assessing the impact of the energy transition on the country. The government has initiated various regulatory and institutional reforms related to the extractive sector including the restructuring of the national oil company Sonangol and the establishment of new regulatory institutions such as the National Agency for Petroleum, Gas and Biofuels (ANPG), to oversee the award of oil and gas rights. The Angola EITI work plan also includes activities to assess the effectiveness of these reforms and transparency and accountability of all state-owned enterprises.

Implementing the EITI will support government objectives to strengthen transparency and will ensure government assumes political will to strengthen the national instruments of good governance. With this step, the country intends to continuously improve the business environment and investment climate. This will contribute to mobilisation of revenues and a direct positive impact on Angolans. Angola’s accession to the EITI means the beginning of a new era for the country.

Diamantino Azevedo Minister of Mineral Resources, Petroleum and Gas

Extractive sector management

Licenses and contracts

Oil and gas rights are awarded through competitive bidding while mining licences are granted through public tender or through direct negotiations following request by the applicant. The current mining, oil and gas legal framework in Angola does not provide for the public disclosure of contracts and does not have a publicly accessible mining cadastre. Exploration and production blocks are published on the National Agency of Petroleum, Gas and Biofuels (ANPG) website.

EITI implementation


Angola EITI is administered by the Angola Multi-Stakeholder Group (MSG), also known as the EITI National Coordinating Committee. The MSG is hosted by the Ministry of Mineral Resources, Petroleum and Gas and is currently chaired by Mr. Diamantino Azevedo, Minister of Mineral Resources, Petroleum and Gas.


Key documents