Tag: Angola

Angola seeks to build agro-biofuels sector, SA sugar industry seeks to venture into energy production

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SOUTHERN AFRICA – The government of Angola has signed a Memorandum of Understanding (MoU) with Angola’s National Oil, Gas and Biofuel’s Agency (ANPG); Sonangol, the parastatal that oversees petroleum and natural gas production in the country; and Eni Angola, an energy company, to jointly develop the agro-biofuel sector in the country. Under the MoU, Eni, ANPG and Sonangol will develop a de-carbonization path for the country through a circular economy approach, assessing in particular the development of low-ILUC (indirect land‐use change) cultivations such as castor beans on degraded lands and…

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Angola’s budding poultry sector to register slight growth in chicken meat production in 2022

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ANGOLA – Angola’s poultry sector which is still at the infancy growth stage, is set to register a marginal increase in chicken meat production to 32,000 metric tons (MT) in 2022 from 31,000 MT expected in 2021. According to data released by the Angolan Ministry of Agriculture and Fisheries in 2020, poultry meat production in the country was 29,860 MT, a 5.9 percent increase from the previous year. Meanwhile, the National Association of Poultry Producers of Angola (ANAVI) estimates egg production to be between 65 million to 70 million eggs…

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World Bank, ATI, other private financiers support Angola’s BITA Water Supply Project

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ANGOLA – The government of Angola has secured a guaranteed financing package from World Bank for implementation of the BITA project, aimed to develop water supply infrastructure to supply urban and peri-urban belts of Luanda to ease the current supply problems and meet the increasing demand. The World Bank’s partially guaranteed facility, is a syndicated loan among 5 Lenders i.e., Standard Chartered Bank, BNP Paribas, Crédit Agricole Corporate and Investment Bank. With the project, valued at US$1.09 billion, the lenders provided up to USD910 million to the Republic of Angola,…

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Angola to inaugurate new fish processing, wheat production units to spearhead growth of food industry

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ANGOLA – Angola based fishing company, Seatag Pesca Projecto, has announced that its new fish processing factory currently under construction is 70% complete. Set to be finalized and commence operations in the first quarter of 2022, the unit will have a processing capacity of 60,000 tons of diverse fish. In the first phase, according to reports by Angola Press, the factory will guarantee 900 job opportunities. The administrator of the company, Alcatir Costa, revealed that the project which commenced in November 2019, had an initial value of US$78 million, an…

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Angolan milling company GMA readies second phase of Lobito’s wheat flour mill construction

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ANGOLA – Grandes Moagens de Angola, subsidiary of one of Angola’s leading players in soft commodities and FMCG (fast-moving consumer goods), Webcor, has completed construction of the first phase of its wheat flour mill in Lobito. According to the parent company, construction of Lobito mill began in November 2018 and included the reconstruction of a colonial-era silo, installation of new metal silos, and cleaning and transportation equipment. The silos, with a total storage capacity of 66,000 tons of grain, can unload grain ships at up to 300 tons per hour…

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Coca-Cola introduces Minute Maid brand in Angola through partnership with local beverage company Refriango

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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…

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Bühler partners with Angolan grain processor Leonor Carrinho to install new pasta processing lines

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ANGOLA – Leonor Carrinho, Angola based food distributor that has backward integrated into grain processing, is expanding its processing capacity with the installation of several pasta lines. The new facility is being established by the world’s leading plant equipment manufacturer, Bühler Group. The Swiss technology company did not reveal the processing capacity of the pasta line or when it will be finalized, but highlighted that its team is on the ground undertaking the installation of the lines. This won’t be Leonor’s first project undertaken in partnership with Bühler as both…

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The Netherlands co-finances construction of agro-logistics center in Angola with US$73m

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ANGOLA – Angola has signed a Memorandum of Understanding (MoU) with the Dutch government, on co-financing the implementation of an agro-logistics center in the province of Benguela. The construction of the logistics center, which will store, pack, transform and package agricultural products, targeted for the European market, will be co-financed by The Netherlands and Angola. To this end, the Dutch government will provide a credit line of up to 60 million euros (US$73m) to be channelled towards the establishment of the facility, serving the Port of Lobito. The agreement establishes…

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Angolan Sunavest Group invests US$15m in paper recycling unit, Ugandan plastic manufacturer lament over rising costs

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ANGOLA – Angolan manufacturing giant, Sunavest Group has announced that it’s investing around US$15 million in a paper recycling factory, which is scheduled to commence operations in September this year. With an installed capacity of 55 tonnes/day and an annual average of 20,000 tonnes/year, the investment is in line with the Angolan state’s strategy of promoting local production, reports ANGOP. The facility will also contribute to reduction of waste in the environment, with the recycled items converted into packaging materials, carrier bags, cardboards etc. The Sunavest Group owns the Zeepack…

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Argentine candy maker Arcor partners with Webcor to establish US$45m confectionery factory in Angola

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ANGOLA – The Argentine multinational company Grupo Arcor, one of the world leaders in the confectionery, agri-food and packaging sector, is nearing completion of its US$45 million confectionery factory in Angola. The project which is undertaken in partnership with Angolan distribution partner Webcor, will specialize in production of cookies, biscuits and chocolates. It is expected to produce six thousand tons of products of different brands annually, serving both the local market and neighbouring countries of Congo, Namibia, Zambia and Botswana. The ambassador of Argentina accredited to Angola, Alejandro Guillermo Vierdier,…

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