Angola: First cattle auction held in Luanda

16 May 2008

Luanda, Angola, 16 May – The first cattle auction ever to take place in Angola occurred in April in Luanda, jointly organised by Brazilian auctioneers Nova Leilões and Brazilian group Muguidjana Agropecuária, according to Brazilian website agrolink.

The auction, which was supported by the Angolan government and aimed to encourage cattle farming in the country, generated revenue of US$1.8 million, which was higher than expected.

The idea is for Angola to have its own meat for the subsistence of the population – bearing in mind that the years of civil war destroyed cattle farming in Angola and, these days all meat consumed is imported.

In 2007, Muguidjana Agropecuária, which is Portuguese-owned, exported horses to Angola and their importer was Agritrade. (macauhub)