africa Agriculture Angola commodities Economy FDI Food industry and commerce

Angola: Italian Cremonini group supports creation of Agro-Food Center

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The country will gain a National Agriculture and Food Center (CNA) worth USD 200 million for manufacturing, transformation, preservation and distribution of locally produced food.

The infrastructure, believed to be the largest agro-food center in African, will be built in Luanda’s urban area near the satellite Kilamba city.

The centre, which is expected to create over 1000 jobs, is an initiative of the Italian business group Cremonini, represented by Inalca.

The company has been operating in Angola since 1980 and is a leader in beef and food distribution in Europe. Products like meat, fish, cereals, flour, oil, fruits, vegetables, among others are part of the list of national goods that will be manufactured and processed at center.

Source: CTA

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