Angola

Cassava factory and large arable area in Angola – sale

There is a cassava factory on the farm with a production capacity of 750 kg of cornmeal per hour and 500 kg of fine flour per hour.

Water capacity for the yard – 2 tanks of 200 m3 each with drinking water, 2 tanks of 50 m3 each with raw water from the farm’s river.

Mains power is 7 km from the farm.

Workers living near the farm: 120 trained to operate the factory

There are 18 family farmers who sell their cassava production to the farm

Usable area of the farm – 4,800 ha
Area already used for cultivation – 700 ha
Final construction area – 8,000 m2

Possible crops other than cassava: arabica coffee, palm oil, corn, beans, soybeans, sunflower. Cassava takes 18 months from planting to harvest and produces 30 to 40 tons per hectare. Other products take 4 months from planting to harvest and produce between 3 and 6 tons per hectare.

Contact:
Michael Patotschka
Phone: +49 1737692688
E-Mail: mpatska@gmail.com

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Morocco

Morocco rail expansion gets $14bn boost as World Cup confirmed

The country is looking to boost its infrastructure ahead of the 2030 FIFA World Cup which it will co-host with Spain and Portugal.

Morocco has received $14bn of investment offers for its masterplan to upgrade rail links in the country, according to a statement by African Development Bank President Akinwumi Adesina at the Bank’s flagship Africa Investment Forum last week.

The figure significantly exceeds the target of $8.8bn set by the country’s National Railways Office (ONCF).

The AfDB itself signed-off on a $350m loan to Morocco for infrastructure projects at the forum. The bank is also considering loaning $650m to help the country strengthen its infrastructure ahead of the 2030 FIFA World Cup, which Morocco will co-host with Spain and Portugal. The loan would help to boost economic governance, improve water supplies and establish an industrial zone in the Nador West Med port.

Continue reading Morocco rail expansion gets $14bn boost as World Cup confirmed →

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General

Africa Investment Forum 2024 Gains Global Influence with Record Number of Investors and Closes with $29.5 Billion in Interest

This article is part of a series produced in collaboration with the African Development Bank in light of its sixtieth anniversary. Please visit our dedicated portal to read about the Bank’s history and its activities on the continent.

This year’s Africa Investment Forum, held in Rabat, Morocco from 4th to 6th December, once again highlighted the continent’s immense investment potential. Held under the theme “Leveraging Innovative Partnerships for Scale,” the forum attracted the widest participation ever since its launch in 2018. A total of 1,707 investors from 200 institutions across 83 countries attended the event.

Opening the forum, Dr Akinwumi Adesina, president and chairman of the board of directors of the African Development Bank Group, made a forceful call for more investment in the continent, urging investors to “believe the data” and not be swayed by the misperceptions about the continent. Africa, he noted, will account for a quarter of all people on the planet by 2050, boosting demand for goods and services on the continent.
Continue reading Africa Investment Forum 2024 Gains Global Influence with Record Number of Investors and Closes with $29.5 Billion in Interest →

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Investments in Africa