Ver Angola

Trade

Turnover at the Benguela Agricultural Fair reaches a record value of 400 million kwanzas

The 5th edition of the Benguela Agricultural Fair reached a turnover of around 400 million kwanzas – a value considered a record, as, according to the organization of the event, it is the highest amount recorded to date.

: Facebook Governo Provincial de Benguela
Facebook Governo Provincial de Benguela  

The amount for this edition corresponds to an increase of over 50 percent in relation to the previous edition (held last year), in which the conjectured turnover – at around 200 million kwanzas – was slightly below estimates, writes to Angop.

On the basis of that volume, there is the auction of around 300 head of cattle, with a contribution of 75,513,000 kwanzas, among others, informed Victor Panzo, spokesperson for the fair, who – speaking to Angop – also highlighted the commercialization of agricultural products (such as seeds, cereals, legumes, vegetables and citrus fruits, as well as machinery), as well as fishing items, salt production and even catering services.

Regarding the auction, the person in charge indicated that cattle stood out the most, yielding 70,033,000 kwanzas, out of the more than 75 million kwanzas raised. According to Victor Panzo, the rest of the amount resulted from trade in goats, sheep, horses and even two ornamental birds.

Furthermore, the official said that they were still satisfied: "We left here satisfied because we managed to achieve the objective of bringing together several companies from different sectors in a single space and showing the potential of the province of Benguela and others in the south-central region of the country", he said, quoted by Angop.

With regard to expectations for the next edition – to take place next year – the official referred to good signs for the event to continue to satisfy the purposes outlined, becoming better and better and helping the sustainable growth of companies in the sector in the central south zone country, writes Angop.

It should be noted that this year's edition of the fair took place between the 19th and 21st of May and had more than 250 exhibitors, with emphasis, in addition to national entities from various provinces, for guests from Namibia, South Africa and even a delegation from Coppex French agriculture.

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