Ver Angola

Trade

Coffee 'made in Angola' on display at Expo Dubai

The Angolan coffee traveled across borders and arrived in Dubai for an exhibition that will be open to the public until this Tuesday, 22 February. Named "Cafés de Angola Connecting the Cultures of the World", the exhibition started last Thursday, in the Angola pavilion at Expo 2020 Dubai and has the participation of several brands of coffee 'made in Angola'.

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Café Ginga, Café Bela Negra, Café Calulo, Café Gabela, Novagolíder, Cáfrica and Tumbwaza are the national coffee brands that are part of the exhibition.

A statement, quoted by Angop, states that the exhibition aims to promote the brands of coffee produced in Angola.

The event is part of the Expo's themed week on food, agriculture and livelihoods.

A delegation from the country, led by ambassador Carlos Sardinha, traveled to Dubai to participate in the event. The delegation includes officials from the Ministry of Foreign Affairs, the Angolan Private Investment and Export Promotion Agency, the National Coffee Institute and coffee producers.

Coffee price may 'test highs' of 2011 this year

At a global level, coffee could come to "test historic highs" of 2011 this year, depending on the evolution of the pandemic and the problems in terms of transport and climate change, analysts pointed out.

"The price of coffee, similar to other products, has risen in recent months. On an annual basis, coffee prices on the stock exchanges have risen by almost 100 percent. This is the result of supply concerns and major transport problems across the country." the world. Ongoing climate changes are also contributing to the occurrence of an increasing number of climate anomalies", pointed out, in response to Lusa, XTB analyst Nuno Mello.

In the same vein, the executive director of ActivTrades Europe, Ricardo Evangelista, said that, despite the stabilization seen last year, "coffee prices are on the rise again", and, at the moment, "the trend points to the maintenance of of high prices", which is justified by the decrease in supply, increases in transport costs and problems in the logistics chain.

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