Angola and Brazil sign agreement to facilitate future investments

O document, which aims to encourage cooperation in agricultural productive investment, was initialized by the ministers of Agriculture and Forests of Angola, Isaac dos Anjos, and by the minister of state for agriculture and brazilian livestock, André de Paula Filho.

Isaac dos Anjos highlighted that, in addition to the future Brazilian entrepreneurs that Angola should receive, the memorandum will also benefit those who are already installed in Angolan territory.

“ I am not afraid to admit that the conditions are set for good results. We hope to invite you in about four years to attend our first export mission,” said Isaac of the Angels, addressing the counterpart.

In statements to the press, the Brazilian minister André de Paula Filho said that the legal instrument will give consistency to the relationship that already exists between Angola and Brazil.

“ We are countries that have historical, cultural ties, we are united by the same language and we win when we are together. This memorandum allows Brazilian entrepreneurs to participate in the development of Angola's agriculture ", highlighted.

The memorandum, he said, is the result of a joint effort between the two governments, which already includes the drawing up of a work plan that implements the intentions, with deadlines and dates.

“ This memorandum foresees activities in almost all areas and allows for greater predictability of rules and incentives,” he stressed, adding that Brazil and Angola have many similarities from a climate point of view, an important factor for sharing knowledge and experiences.

André de Paula Filho advanced that, with this memorandum, access to credit from state banks is facilitated, due to the support declared by both governments.

“ This we are doing has a clear reflection also in numbers, because they allow access to credit, incentive that we are willing to give the activities ", said.

The Brazilian delegation includes eight entrepreneurs in the agriculture sector, said the minister, expressing that there is a great interest of these investors who expected “this legal framework that gives stability, predictability, consistency to the relationship, the chancellor of the two governments to invest”.

David Schmidt is a rural producer in the west of the Bay, works with grain, cotton and fruit production (cacau and banana), is part of the group of entrepreneurs that intends to invest in Angola, and is also the leader of the Terra Lunda Project, to be implemented in the Angolan province of Lunda Norte.

According to the entrepreneur, it is important to have security in the investments to be made, highlighting that both parties are expectant, especially Brazilians to undertake in Angola, a large client of Brazilian agricultural products.

“ We believe that we can bring this production closer to the consumer market not only Angolan, but to the whole of Africa, producing in Angola, so we need some security, to ensure not only the resource that we will invest here in rural properties in Angola, but also all the time dedicated to the development of a project, which is not simple ", stressed.

The Brazilian businessman added that meetings will be held with the Sovereign Fund of Angola, the Development Bank of Angola, the National Bank of Economic and Social Development (BNDES) and other entities that will ensure the resources for the development of the project.

To begin with, the bet is aimed at the production of corn, to reverse the current import needs, then extending to beans, peanuts and soy, said.