Investments, M&A & Funding

The program targets a 30% increase in rice, maize, and wheat yields, while cassava yields should rise by 35%.

Through this partnership, SATAKE aims to combine both companies’ technologies and know-how to strengthen its presence in the global cereal market.

The company has since purchased several more units, which together will add 40,000 tonnes of storage capacity, and plans to make the extra space available to other agricultural producers.

The store will offer freshly baked breads, pastries, coffee and restaurant dining, bringing PAUL’s French-inspired bakery and café concept to Angola’s capital.

The project adds a new warehouse and two production lines, one for sponge cake sheets and one for bread.