Cabo Verde government seeks investors for agricultural land in Angola

19 June 2014

The government of Cabo Verde (Cape Verde) plans to find a “large investor” interested in managing and ensuring agricultural production on a 7,500-hectare plot in Kwanza Sul, Angola, the Cabo Verde Minister for Rural Development said Wednesday in Praia.

The land was consigned by the Angolan government to its Cape Verdean counterpart to produce agricultural products that will be shipped to the West African archipelago. Minister Eva Ortet told Portuguese news agency Lusa that the government would not be responsible for production.

Noting that a recent visit to Angola by Cabo Verde’s Prime Minister, José Maria Neves, had moved the project ahead significantly, Ortet noted that exploration was similar in every way to another project in Paraguay, maize and bean “imports” from which in 2013 were twice the annual production of Cabo Verde.

In November 2013, Cabo Verde received 15,000 tons of maize, the first crop from the land acquired in 1985 by the Cabo Verde State in Paraguay for grain production.

The project, called “Ilha Verde” (Green Island), began in 1985 when Cabo Verde first acquired the land in Paraguay as a way of meeting domestic demand for grain.

As well as maize the Ilha Verde project in Paraguay produces wheat, rice, soy, sugar cane, beans and fruit, which are transported to Cabo Verde and used as raw materials at industrial units. (macauhub/CV/AO)