Al Dahra signs Landmark agreement in Angola<\/p>\n
Al Dahra, a leading global agribusiness group headquartered in the United Arab Emirates, has signed a Memorandum of Understanding with the Ministry of Agriculture and Forestry of Angola (MINAGRIF) and GESTERRA \u2013 Gest\u00e3o de Terras Ar\u00e1veis, S.A., a state-owned Angolan public limited company, with the intention to advance major agricultural projects and reinforce national food security initiatives, with a potential estimated investment of up to USD 500 million.<\/p>\n
Scope of the Agreement Project<\/p>\n
Building on these agreements, the parties will work collaboratively to identify and study multiple land opportunities with water access that is suitable for cultivation of cereals, grains, legumes and oilseeds. Al Dahra intends to develop and operate up to 40,000 hectares of irrigated or irrigable greenfield lands in collaboration with MINAGRIF and intends to partner with GESTERRA to operate at least 8,000 hectares, with the potential to expand up to 30,000 hectares. Furthermore, the parties will jointly determine the necessary infrastructure required to facilitate the proposed projects, including the provision of electricity, road networks, and water supply systems.<\/p>\n
Alignment with Angola’s national Food Security Plans<\/p>\n
Al Dahra\u2019s growth strategy in Africa, whose objective of import substitution of staple crops production to supply domestic and regional markets, aligns with Angola\u2019s national plan for Grain production (Planagr\u00e3o) and Production Support, Export Diversification and Import Substitution Policy (PRODESI). The proposed partnership endorses both African and global sustainable agriculture, aiming to increase local production, and diversify as well as modernise Angola\u2019s agricultural sector. This initiative is intended to \u00a0create employment opportunities, support rural development, strengthen the nation\u2019s food production resilience, and position Angola as a significant contributor to the regional food supply chain.<\/p>\n
Al Dahra will leverage its expertise in sustainable agriculture, food production, and advanced farming techniques to support the success of these proposed initiatives, thereby fostering growth in Angola\u2019s agrarian sector, promoting long-term food security and contributing to Al Dahra\u2019s purpose to Sustainably Feed a Growing World.<\/p>\n
H.E. Minister Isaac Francisco Maria dos Anjos, MINAGRIF\u00a0said, “The Government of Angola is committed to addressing food security through strategic partnerships with the private sector. We believe this proposed project will be a game-changer for enhancing Angolan Food Security Agenda and reducing the national food deficit. This is one of the largest foreign direct investments in Angolan agricultural sector”.<\/p>\n
Carlos Agostinho Dias Paim, GESTERRA\u2019s CEO\u00a0said, \u201cWe are delighted to join forces with Al Dahra in advancing Angola\u2019s agricultural future. This partnership draws on world-class expertise and our deep local roots, fostering innovation and sustainable practices that benefit our farmers and communities\u201d.<\/p>\n
Arnoud van den Berg, Group CEO of Al Dahra\u00a0said, “We are proud to announce this key milestone to enable exploring investment in Angola\u2019s agricultural sector, harnessing Al Dahra\u2019s extensive global know-how to foster sustainable growth and innovation for the country. By combining our international expertise with Angola\u2019s rich natural resources and its notable agricultural potential, we aim to empower local communities, drive food security, and contribute meaningfully to the nation\u2019s economic development.”<\/p>\n
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Al Dahra signs Landmark agreement in Angola Al Dahra, a leading global agribusiness group headquartered in the United Arab Emirates, has signed a Memorandum of Understanding with the Ministry of Agriculture and Forestry of Angola (MINAGRIF) and GESTERRA \u2013 Gest\u00e3o de Terras Ar\u00e1veis, S.A., a state-owned Angolan public limited company, with the intention to advance …<\/p>\n","protected":false},"author":3,"featured_media":1372,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[213,14,241],"tags":[625,634,742],"class_list":["post-1369","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-grains-feed","category-14","category-sustainability","tag-agriculture-magazine","tag-agrifuture-middle-east-africa-magazine","tag-aldahra"],"yoast_head":"\n