Angola

Le Cap-Vert exploite des terres agricoles en Angola

Le gouvernement du Cap-Vert a créé une société anonyme à capitaux publics en vue d’exploiter et gérer des terres agricoles mises à sa disposition par les autorités angolaises dans le cadre de la coopération entre les deux pays

Interview: India Yes Bank sees 1st Africa farm project start 2011

Yes Bank expects a $150 million Tanzanian rice and wheat project to reach full production by 2011, the first of several large African farms it is funding. "We are looking at a more inclusive model wherein the local farmers can be organised into a producers company, and they would be the suppliers to the processing facility. It's predominantly not to acquire huge tracts of land."

Angola invests in agricultural revival

The Angolan government plans to invest $1 billion in 2009 in the farming sector and welcome in U.S. Chiquita Brands International Inc to its banana industry. Other foreign companies and countries, including China have also said they plan to invest millions of dollars in the war-shattered nation’s coffee, sugar, cassava and palm oil industries.

Lonrho secures rice land deal in Angola

Lonrho, the pan-African conglomerate listed in London, has secured leasehold rights to 25,000 hectares of rice paddies in Angola and is negotiating two bigger land deals in Mali and Malawi, in another sign of investor appetite for African land.

Welcome fades for wealthy nations

The initial welcome given to rich countries’ investment in African farmland by agricultural and development officials has faded as the first ventures prove to be heavily weighted in favour of the investors. The FAO warned of such a trend when it said this year that the race to secure farmland overseas risked creating a “neo-colonial” system.

Angola launches $6bn agriculture expansion

Angola, one of the world's fastest-growing economies, has launched an ambitious plan to exploit both its fertile soils and high global food prices to attract $6bn (€4.3bn, £3.4bn) in agriculture investments over the next five years.