Ver Angola


Saudi businessmen interested in investing in agriculture in Angola

Two Saudi businessmen are interested in investing in Angola, with their eyes set on the agriculture sector. The interest was expressed last Saturday, in Doha, Qatar, with the intention being to export fruits and vegetables from Angola.

: Facebook Governo de Angola
Facebook Governo de Angola  

To this end, according to a Government statement, to which VerAngola had access, the businesspeople "entered into contact" with the Angolan delegation at Expo 2023, taking place in the capital of Qatar from October 2023.

During a visit to the Angolan pavilion, Saad Hamed – speaking on behalf of both – made it known that they wanted to export fruits and vegetables from Angola.

On the occasion, he highlighted his friendship with Angola: "We like Angola, we are friends", he said.

The businessman was also "impressed by the agricultural products displayed in the pavilion, especially coffee, mucua, sapi-sapi, among others", reads the note.

According to the senior investment promotion and attraction technician at the Private Investment and Export Promotion Agency (AIPEX), Herbert Ferreira, each day, more than 200 to 400 people visit the Angolan pavilion, with between 60 and 70 percent express interest in visiting or investing in Angola.

The official also said that although the event is horticultural, Angola has also been promoting tourism, highlighting Namibe, Benguela and Luanda, as well as the Okavango project, arousing "a lot of interest" from "investors in visiting these locations", with emphasis on businesspeople from Saudi Arabia, the United Arab Emirates, Brazil and European countries.

According to the official, "the interest focuses mainly on the agricultural and mining sectors, highlighting that the new private investment law, which ended the obligation for partnerships, and the lack of a minimum amount to invest, has encouraged foreign investors", reads the statement.

In addition, he also indicated the "exemption from entry visas" into the country for "citizens of several countries, the construction of logistical infrastructures and the hotel and tourism sector, as well as Luanda International Airport" Dr. António Agostinho Neto" as other determining factors for investment".

Participating in Expo Doha 2023 since November 14 last year, Angola marked its national day at the event this Sunday, where were present the Minister of the Environment, Ana Paula de Carvalho, the general commissioner of Angola at the Expo, Albina Assis, the Secretary of State for Agriculture and Livestock, João Manuel Bartolomeu da Cunha, and the Angolan ambassador to Qatar, António Coelho Ramos da Cruz, among others.

According to another note from the Government, to which VerAngola had access, a seminar on agriculture and private investment will be held on Monday and, on Tuesday, an event called "Coffee Day".

Sunday was also marked by the presentation of a project aimed at sustainable agriculture. "To improve soil fertility, water efficiency and reduce the excessive use of chemical fertilizers in agriculture, Angolan researcher Pascoal Chiambo promotes Biochar technology in the provinces of Huambo, Bié and Cuanza-Sul", explains a statement from the Government, which adds that the project on the use of Biochar in agriculture, which has been implemented in the country since 2021, was presented on Sunday, at the expo that runs until March 28 this year.


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