The Angolan Executive has issued a stern warning this Thursday to Brazilian companies to materialize their investment commitments in the primary sector of the country as soon as possible. In the event that no progress is made, the Government has warned that it will opt to turn to other international partners.
In this regard, the Angolan Minister of Agriculture, Isaac dos Anjos, has made it clear that he has no intention of "begging" Brazilian companies to participate in the agricultural projects promoted by the State.
"I am no longer willing to get on my knees and ask you: 'come'. If you do not want to come, you do not have to," he stated, according to statements collected by "Bloomberg" during the celebration of the Angola-Brazil forum in Luanda.
Last year, the African country granted lots totaling 800,000 hectares of arable land to be exploited by several Brazilian agro-exporters. Since then, banks and financial entities from both nations have been trying, without success, to agree on the structure of the necessary capital injection.
In 2025, Angola put nearly two million hectares of arable land on the market with the aim of attracting foreign investment, offering incentives such as tax exemptions and permits to export up to 60% of total production. This strategy has sparked interest not only from Brazilian groups but also from companies in the United Arab Emirates and China.
Luanda already closed agreements worth 350 million dollars (303.6 million euros) in July 2025 with several Chinese companies for the cultivation of 100,000 hectares of soybeans and corn, as well as 30,000 hectares designated for wheat.