ANGOLA – Refriango, one of Angola’s leading producers and distributers of soft beverages, energy drinks and alcoholic beverages, has entered into a partnership with one of the world’s largest soft drink companies, Coca-Cola.
Under the agreement, Refriango will commence local production of Coca-Cola’s fruit-based juice brand Minute Maid, coming in three flavours tropical, orange and apple.
The partnership is also aimed to open new market opportunities for the Angolan company, as it is eyeing the export routes to Mozambique, São Tomé and Príncipe, and the Democratic Republic of Congo.
“We really believe in this model of partnerships, we are in Angola, we know and believe in Angola. We want to continue to attract partners and investors to the country,” said the CEO of Refriango, Diogo Caldas.
According to reports by Jornal de Angola, the agreement will allow the company to fill its installed capacity which currently stands at 27 filling lines with an annual production capacity of about 2.5 billion liters, that will be able to satisfy the needs of the internal and exports markets.
Present in the market for 17 years, Refriango has already invested more than US$ 600 million in the market, in a phased manner, with a long-term perspective to develop its business, create more employment opportunities and build the Angolan economy.
The company has one of the largest industrial units in the country with 42 hectares, 3800 workers, and state-of-the-art factories.
Recently, the beverage maker invested US$10m in the installation of a new filling line of returnable bottles for its Tigra beer brand.
The investment will enable the beverage maker to increase its filling capacity by 35%, meeting the rising demand of the beer in the country.
The introduction of the returnable bottles in the market is in line with the company’s commitment to a circular economy by minimizing waste pollution in the environment.
Refriango owns a portfolio of 16 brands, some of which are market leaders in the segments in which they operate.
Angola to welcome new fish processing facility
In other related news, the government of Angola is nearing completion of a new fish processing facility worth US$13 million
The unit to be set on a 23, 383 square meters area, will have a processing capacity of 190 tons of fish per day, alongside a vacuum sucker of 80 tons/hour and fish reception tanks of 90 tons/hour, reports Angola Press.
The factory will also feature a freezing capacity of 190 tons/day and a storage chamber for 400 tons of fish/day.
A large portion of the investment has been guaranteed by the government’s Production Support Program, Export Diversification and Substitution of Imports (PRODESI) program.
The unit is projected to start operating by the beginning of next year, to commence with the capture and freezing of fish, followed by the transformation and packaging phase.
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