Israel invests $300 million in Angola’s agriculture

November 8, 2018

Israel has committed $300 million to finance agricultural projects in Angola, its ambassador Oren Rozenblat announced in the municipality of Tomboco, Zaire province.

The diplomat said that his visit served to identify the agricultural potential of the region and to establish cooperation with the current investors linked to the agricultural sector.

During the visit, the ambassador accompanied by the provincial governor of Zaire, Pedro Makita Armando Júlia, got acquainted with the agricultural farms of Lukunga Hills and the ATS-group builds Soyo, both located in the municipality of Tomboco.

According to Oren Rozenblat, there are investors in the province of Zaire who are willing to develop agricultural activities but who still face financial difficulties, and their country intends to cooperate with local authorities to leverage the sector and contribute to the development economic development of Angola.

He stressed that his country chose agriculture as a sector that could offer more jobs, especially for young people, as well as helping producers to find new markets for surplus marketing.

During his stay in Zaire province, the Israeli ambassador worked in the municipalities of Mbanza Kongo, Soyo and Tomboco.

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