Angola: Company invests 1 million euros in coffee industry

20 February 2008

Uíge, Angola, 20 Feb – Angolan company Bana Maziezie is investing 1 million euros in the province of Uíge in mills, roasting machines and coffee packaging, in order to launch its business in the region this year, the company’s chief executive said Tuesday in Uíge.

Speaking to Angolan news agency, Angpop, Zacarias Panda said that the project in Uíge province was partnered by a Spanish company which he declined to name.

With the technical support of the Spanish company, Bana Maziezie will set up, within the next few days, a machine for de-husking coffee beans in Negage municipality, and is waiting for other equipment to arrive in order to start work.

Once the project for installing the equipment is concluded, he added, Bana Maziezie will use the coffee to make instant coffee and non-alcoholic drinks, all products which will be exported to Spain.

Panda said that the company was able to buy the coffee from the current harvest (May and June), as it did for the 2007 harvest, in which it was able to purchase and export at least 20 tons of commercial coffee,.

Bana Maziezie, he concluded, plans to set up branches in all the municipal area of the province in order to buy, process and export the coffee produced by local coffee growers, will initially create at least 100 jobs. (macauhub)