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Angola And Brazil Strengthen Agricultural Cooperation With New Financing And Technology

Angola And Brazil Strengthen Agricultural Cooperation With New Financing And Technology

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Angola and Brazil are deepening cooperation in the agricultural sector, with an Angolan delegation on a working mission in that country to mobilize investments and establish new partnerships aimed at boosting agribusiness development and accelerating the diversification of the national economy.

The work agenda is part of the Brazil-Angola Agricultural Production Investment Program, an initiative created through a joint effort between government institutions in both countries to structure proposals for cooperation and investment in the agricultural sector.

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The Angolan presence is part of the process of consolidating the strategic partnership between Luanda and Brasília, a relationship marked by decades of political, economic, and technical cooperation since Brazil recognized Angola’s independence in 1975.

In recent years, bilateral cooperation has gained new momentum following the visit of Brazilian President Luiz Inácio Lula da Silva to Angola in August 2023, a meeting that marked the relaunch of the strategic partnership between the two countries.

Among the main objectives of the program is the strengthening of cooperation in tropical agriculture, with a focus on technology transfer, staff training, and the promotion of Brazilian private investment in Angolan territory.

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The plan also provides for the implementation of large-scale agricultural projects in Angola, including the provision of up to 500,000 hectares of arable land for the production of grains and other strategic crops, with the participation of Brazilian producers and financial institutions from both countries.

The initiative aims to contribute to strengthening food security, job creation, and sustainable development in Angola’s agricultural sector, while expanding opportunities for economic cooperation between Angola and Brazil.

Source: Ongoma News

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