A delegation aims to explore the local business environment for agricultural production and seek available areas for potential Brazilian investments in agricultural and agro-industrial projects, stated Eduardo Lessa, the economic advisor at the Brazilian Embassy.
Carlos Fávaro, who will be in Angola from May 5 to May 10, will be accompanied by around 20 producers from the grain, cereal, and seeds sectors to “evaluate the possibility of potential partnerships or the establishment of some companies,” he added.
Approximately 70% of Brazilian exports to Angola are from the agribusiness sector, notably sugar and meats such as chicken, beef, and pork, totaling 340 million out of the 493 million dollars exported to the country last year.
Brazil is particularly interested in opportunities linked to the growing demand for seeds, as it produces certified and enhanced seeds with genetics adapted to Angola’s conditions, emphasized Eduardo Lessa.
The initiative follows Carlos Fávaro’s visit to Luanda in December 2024, during which a Letter of Intent was signed with Angola’s Minister of Agriculture and Forestry, Isaac dos Anjos.
The mission’s program includes meetings with Angolan government and private sector representatives, as well as visits to agricultural ventures in the provinces of Malanje and Cuanza Norte.
