Angola food import bill jumps to US$2.8B driven by rice, wheat, and palm oil imports

ANGOLA – Angola’s food import bill jumped to US$2.8 billion in 2022 thanks to a significant jump in food prices in the international market, Statistics director of the National Bank of Angola (BNA) Joel Futi has revealed. According to Futi, food prices accounted for 40% of the rise in the food import bill while volumes only accounted for 13.6%. Rice,…

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Sanabel partners Ocrim to install new wheat mill in Angola’s capital Luanda

ANGOLA – Sanabel, one of the milling companies in Angola, has taken charge of operations at a 350 tonne per day (TPD) milling facility supplied by Italian milling equipment supplier Ocrim. According to a report by World Grain, the company which ventured into milling two years ago, recently tested the mill located in Angola’s capital Luanda, signifying a successful completion…

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Angolan seed production expert Jardins da Yoba expands production to enhance local agricultural output

ANGOLA- Jardins da Yoba, a leading Angolan seed production expert, has announced plans to increase the production of improved maize seeds by expanding planting hectarage to 550. The company, which is also the only certified by the National Seed Service to produce tuber seeds, also intends to plant 200 hectares of reindeer potatoes. In a statement, the company commited to…

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Angola to invest US$5.7B in 5 year plan to raise grain production to 6m tonnes

ANGOLA – Angola has announced plans to invest US$5.7 billion in various agriculture-focused projects under the National Plan for Grain Production dubbed PlanaGrao with an overall goal of raising grain production to 6 million tonnes by 2027. The plan revealed by the Ministry of Economy and Planning is aimed at reducing dependence on grain imports which eat into the country’s…

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