Angola |

Nestle teams up with regional partners to launch youth-focused initiative in Africa

October 31, 2019October 31, 2019 Food Business Africa

AFRICA – The multinational food and drink processing conglomerate corporation, Nestle in partnership with its regional partners has launched the Regional Alliance for YOUth in Sub-Saharan Africa. This joint effort is part of the company’s […]

AfDB approves US$1m grant to boost food and nutrition in Angola

October 18, 2019October 18, 2019 Food Business Africa

ANGOLA – The African Development Bank has approved a grant of US$1million to boost children’s food and nutrition security program in Bié province, Central Angola. This follows the submission of proposal for the grant for […]

World Bank, AFD to pump US$230m into Angola’s agriculture sector

October 5, 2019October 5, 2019 Food Business Africa

ANGOLA – The World Bank in collaboration with the French Development Agency, AFD (Agence Française de Développement) will avail an overall US$230 million in November, for the financing of projects to boost local production and […]

FAO releases US$15m to boost food security in Angola

June 8, 2019June 8, 2019 Food Business Africa

ANGOLA – The United Nations Food and Agriculture Organization (FAO) has released US$15 million to support the implementation of projects aimed at improving food security in the country. Gherda Barreto Cajina, FAO representative in Angola, […]

Angola receives US$74.5m EU funding to boost food security

January 14, 2019January 16, 2019 Food Business Africa

ANGOLA –The European Union has released US$74.56 million to aid the execution of the Reinforcement, Resilience and Nutritional Food Security Programme (FRESAN) in the southern region of Angola. Matteo Tonini, representative of the Food and […]

Sino Agro signs MoU with Nortus for an aquaculture facility in Angola

November 29, 2018November 30, 2018 Food Business Africa

ANGOLA – Sino Agro Food, a China-based US diversified protein food company, has signed a memorandum of understanding (MOU) with Nortus Lda, an Angolan company, for aquaculture development and the construction of an aqua farm […]

Angola imports 400,000 tons of rice a year, seeks local production

November 30, 2017December 1, 2017 Food Business Africa

ANGOLA – Angola imports 400,000 tons of rice a year to add to its locally grown 25,000 tons to market needs, says the Secretary of State for Agriculture, Carlos Alberto Pinto. In order to meets […]

Angolan food delivery startup aims for regional expansion

October 31, 2017 Food Business Africa

ANGOLA – Angolan food delivery startup Tupuca is planning on adding new features and expanding to neighbouring countries having seen solid uptake since its launch. Founded in 2015, Tupuca is Angola’s first food delivery platform, allowing users […]

Distell acquires Angola’s biggest spirits player

August 2, 2017September 22, 2017 Food Business Africa

SOUTH AFRICA – Africa’s leading spirits and wines operator Distell has completed the acquisition of an initial 26% of the ordinary shares of Best Global Brands Limited for US$54.6 million, a leading spirits producer in Angola and Nigeria.

Fishing sector to capture over 50 million fish by 2025

January 16, 2017 Food Business Africa

ANGOLA – At least 51.643 million kilograms of diverse fish will be caught in the eastern Moxico province by the fishing sector under the National Development Plan (PND).