Mozambican entrepreneurs aim to produce sugar in Angola

11 August 2016

The Angolan government will support a sugar production project that Mozambican entrepreneurs and their Angolan partners plan to implement in Uíge province, Industry Minister Bernarda Martins said in Luanda.

In comments after a Wednesday meeting with Mozambican Industry and Trade Minister Oldemiro Baloi, Martins said that the project in question was being studied, given that “Angola does not produce enough sugar to supply the country.”

Regarding a memorandum of understanding for bilateral cooperation in the industrial sector, she stressed that Angola would benefit “from Mozambique’s experience, specifically in institutional terms and in quality, support for SMEs and training.”

Cited by Angop news agency, Martins said the level of trade between the two countries was very low. She highlighted that under the signed memorandum of understanding steps would be taken to reverse the current situation.

“We’ve been talking to private sector entrepreneurs from the two countries and there are Mozambican companies interested in investing in Angola as well as Angolan entrepreneurs interested in developing industries in Mozambique, above all for the supply of raw materials such as clinker for cement production,” she added. (Macauhub/AO/MZ)