Apex-Brasil takes 40 companies to Luanda International Fair

16 July 2010

Brasilia, Brazil, 16 July – Brazilian export and investment promotion agency, APEX-Brasil, is organising the participation of 40 companies in the Brazil pavilion in this year’s edition of the Luanda International Fair (Filda), from 20 to 25 July, the agency said.

According to Apex-Brasil, the group is made up of companies from various business sectors from the state of Sao Paulo as well as from the states of Rio Grande do Sul, Santa Catarina, Rio de Janeiro, Goiás and Paraná, interested in the great potential for Brazilian products and services in Africa, particularly Angola, which is now Brazil’s main trading partner on the continent.

In a statement, Apex-Brasil said they were mainly export companies that already had some experience in the African market and that were taking a wide variety of products to Luanda, ranging from electricity transmission and telecommunications towers, grain silos and chassis for vehicles to footwear, food and domestic items.

The list of products offered by the Brazilian pavilion also includes cleaning products, agricultural machinery and equipment, motors and generators, construction materials, metallic housing modules, scales and evangelical publications.

The boost to trade relations between Brazil and Angola has seen string growth over the last two years rising from US$520 million in 2005 to US$1.5 billion in 2009, a figure that was lower than that for 2008 (US$2 billion) due to the world economic and financial crisis.

In 2009, the companies that were part of the Brazil pavilion, which was also organised by Apex-Brasil, made 900 contacts with Angolan buyers and did deals worth a total US$30 million during the fair and in the 12 months that followed. (macauhub)