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Home Angola

South African group to invest US$100M in Cabinda, Angola

FurtherAfrica by FurtherAfrica
May 28, 2021
in Africa, Agriculture, Angola, Business, Energy, FDI, Renewables, Solar power
Reading Time: 1 min read
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Understanding: Angola’s new investment law
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Troper, a South African business group, plans to invest about US$100M in Cabinda in the near future in the agri-livestock and solar energy sectors.

The aim of the South African business delegation, which arrived in Cabinda Thursday, is to find openings and business opportunities with entrepreneurs from these two sectors and with the authorities of the provincial government, in order to create partnerships and investment opportunities in these two sectors.

Also read: Angola updates its Investment Law

In view of this, the head of Trooper’s delegation, John Kayira, and the operations manager, Verónica Shale, met with the governor of Cabinda, Marcos Nhunga, where they put forward several ideas on business, partnership and investment opportunities in Cabinda.

John Kayira, who is part of the Angola-South Africa Business Forum, said that the trip to Cabinda was an opportunity to see in-loco the existing investments in these two sector and interact with local authorities and businesspeople about business and partnership opportunities in the agri-livestock and solar energy sectors.

Related

Via: Angop
Tags: agricultureAngolaEnergyFDIforeign direct investmentInvestingrenewablessolar energySouth AfricaSouth African group to invest US$100M in Cabinda AngolaTroperанголаюжная-африкаأنغولاجنوب-أفريقياアンゴラ南アフリカ南非安哥拉
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