The international marketing magazine for fresh produce buyers in Europe Staff


Tuesday 26th August 2008, 07:20 London

Dole considers Angolan investment

Dole Food Co. is interested in investing in the Angolan banana industry

Dole considers Angolan investment

Related Articles

A local banana producer, Manuel Monteiro, said he met with representatives from Dole on Saturday who wanted to invest in the banana industry.

The province’s director of rural development also reportedly said he had met with Dole about the possible investment.

Dole’s rival Chiquita Brands International invested in Angola’s banana industry only recently, via a partnership with the country’s largest private investor, ESCOM.

Angola’s banana industry was once one of the largest in the world, before a 27-year civil war turned farmers into refugees. The war ended in 2002, and now the rebirth of the country’s agricultural sector has drawn the interest of companies like Dole and Chiquita.

Since 2002, the Benguela agricultural province has since received investment in new roads, a railway and a deep-water port.

comments powered by Disqus

Keep informed...