Portuguese chocolate company, Avianense, was in talks with Angolan investors to install a factory unit in Luanda, as part of an investment of €5 million. The factory’s managing director, Luciano Costa, said that the plant will produce Avianese chocolate and take advantage of the close proximity of São Tomé and Príncipe to import raw materials for production. The company also hopes to boost export sales to the rest of Africa. The company’s produces 60 tons and employs 15 people. Its annual turnover is around €1.5 million. Currently, Angola annually imports about €80,000 worth of chocolate from Avianense.
agriculture extravaganza in the Western Hemisphere, took place with 200 exhibitors and visitors from within and outside the region. On the subject of drought, Senator Norman Grant, president of the Jamaica Agriculture Society (JAS) said, "I've been asked whether or not the drought is going to affect the show, and the verdict is out, but I expect to have quality produce. There is no doubt that the drought itself could certainly reduce the amount of produce that one normally has for trade, but in terms of display, I expect to see very, very impressive displays coming from the parishes."
The European Union (EU) and the Zambia National Farmers’ Union (ZNFU) have signed a €14.8 million project to construct agricultural service centres over a period of 4years. The EU is providing about €12.7 million, while ZNFU is contributing €2.1 million of the final sum. The ZNFU will oversea the project activities of upgrading two exiting centres in Choma and Mumbwa, and four new centres will be established in Chibombo, Mpongwe, Lundazi, and Mbala. Out-going head of EU delegation to Zambia and the Common Market for Eastern and Southern Africa (COMESA) Gilles Hervio said “These centres will be leased to and operated by agribusinesses and private service providers selected on a competitive basis.
CTA and the Eastern Africa Grain Institute (EAGI) held a weeklong digital literacy training for farmers and stakeholders in the rural community in Dar el Salaam. Prof Faustin Kamuzora, a member of the CTA Executive Board representing the Eastern African region and Deputy Vice Chancellor, Finance and Administration, Mzumbe University told journalists in Dar es Salaam that as technological innovation is taking place at a breath-taking pace, equipping skills to as many people in Tanzania is very essential to upgrade their digital literacy: “Open source internet-based applications and services designed to enhance online collaboration are now available to the wider public at little or no cost at all.” Participants were introduced to selected web 2.0 applications including social media.
The next Brussels Development Briefings no. 42 on Women entrepreneurs – key players in ACP agribusiness development shall be held on 17th September 2015. Women make essential contributions to agriculture and rural economic activities in ACP countries but still face limitations in integrating the agribusiness sector and upscaling their businesses. This briefing will look at successful business cases led by women entrepreneurs and analysing the drivers of success.
The Brussels Development Briefings are regular events organised in Brussels by the Technical Centre for Agriculture (CTA) – in collaboration with the European Commission, the ACP Group, and other partners – on key issues and challenges for rural development in the context of EU/ACP cooperation. http://brusselsbriefing.net
Speaking on the sidelines of the Luanda International Fair, Paulo Varela, chairman of the Portugal-Angola Chamber of Commerce and Industry (CCIPA) expressed contentment at the new Private Investment Law, which was approved this week in the Angolan parliament. Paulo Varela said “Angola needs investment in the productive sector, which requires legislative stability, as well as a stable fiscal framework that is as simple as possible,” and this new Law shall make the process “friendlier” for companies. Previously, Angolan law required a minimum of US$1 million private investment. The new law sets a minimum participation of 35% for Angolan partners and authorization to invest.
President of Mozambique, Filipe Nyusi recently called on French businesspeople to invest in industrial agriculture in Mozambique during his last official visit to Paris. President Nyusi underscored the strength of his country’s workforce, which can be leveraged for the agricultural sector. A French delegation is due to visit Mozambique later on in the year to explore business opportunities with local business people. Other important sectors for future business opportunities include the gas sector, renewable energy and banking.
The Italian Minister of Fisheries, Agriculture, Food and Forestry, Maurizio Martina confirmed that Italy is committed to contribute to the relaunch of Angolan agriculture. On the sidelines of the Angola-Italy Business Forum, Martina expressed interest in developing partnerships between companies from both countries after the signing of a memorandum of understanding in the agricultural sector with his Angolan counterpart. Martina said, “We have agricultural models based on family businesses and I think this agricultural model can be adapted to the Angolan experience.” Angolan Minister for Agriculture, Afonso Pedro Canga, was pleased with the support voiced by his counterpart for Angola’s recovery and development of agriculture plan.
The next Brussels Development Briefings no. 42 on Women entrepreneurs – key players in ACP agribusiness development shall be held on 17th September 2015. Women make essential contributions to agriculture and rural economic activities in ACP countries but still face limitations in integrating the agribusiness sector and upscaling their businesses. This briefing will look at successful business cases led by women entrepreneurs and analysing the drivers of success. Register, follow live and find out more at:http://brusselsbriefing.net
There is concern in the northern Mozambican province of Nampula where six agricultural cooperatives are receiving loans from a Nongovernmental Organisation (NGO) for production and marketing. However the very high interest rates have received the attention of local media. The loans, which are approximately $39,500 come from the Mozambican Association for the Promotion of Modern Cooperatives or AMPCM, in partnership the a Norwegian development agency, Norges Vel/ Royal Norwegian Society for Development. Natalino Barnete, coordinator of the cooperatives for northern Mozambique, explained that the money was distributed on the basis of the needs presented in the business plan of each of the cooperatives and that if the loans were repaid in time, this would create a favorable environment for other organizations. The cooperatives must repay the money within seven months at an interest rate of 12.5%.