Invictus Investment acquires 65% stake in Angolan fertilizer firm Angata
The deal, executed through Mauritius-based Dagro Chemical Limited, is subject to regulatory approvals
ANGOLA – Invictus Investment Company Plc, a leading agro-food enterprise in the Middle East and Africa, has announced the acquisition of a 65% stake in Angata, a leading fertilizer blending company based in Lobito, Angola.
Angata specialises in producing customised fertiliser blends tailored to local soil and crop requirements and currently operates at an annual production capacity of 100,000 metric tonnes, with plans to scale further by the end of the year.
The deal, executed through Mauritius-based Dagro Chemical Limited, is subject to regulatory approvals and marks Invictus’ third major African acquisition, following earlier investments in Mozambique’s Merec Industries and Moroccan agro-trading firm Graderco.
Additionally, the acquisition signals Invictus’ strategic entry into Angola’s agro-input sector, diversifying its portfolio beyond grain trading into farm productivity solutions.
Angola, with its vast arable land and growing agricultural economy, is viewed as a critical market with high growth potential. Angata’s operations include customised fertilizer blending tailored to regional soil and crop requirements, alongside the import and resale of pesticides and other agricultural inputs.
“Our acquisition of Angata marks another major milestone in our expansion across Africa,” said Amir Daoud Abdellatif, CEO of Invictus Investment.
“It reflects a strategic shift towards agro-inputs, giving us direct engagement with farmers while supporting regional and global supply chains. Angata’s technical expertise and strategic location make it a pivotal asset in our integrated value chain ambitions,” he added.
Located in Lobito, a coastal hub with rail links to the mineral-rich Democratic Republic of Congo, Angata provides Invictus with a gateway to regional agricultural markets. The Lobito Corridor enhances the logistical advantages of the acquisition, enabling more efficient distribution and trade across borders.
Angata plans to expand its production capacity by the end of 2025, responding to increased demand for high-quality crop nutrition products such as urea, DAP, potassium, trace elements, and boron-based fertilizers.
The company has built a reputation for custom blends that significantly improve soil health and yield for diverse crops, addressing one of the key productivity challenges facing African farmers.
Commenting on the partnership, Christian Louvet, Director General of Angata, welcomed the move, noting that it acts as a catalyst for long term growth.
“This alliance with Invictus is a catalyst for scaling our impact across Angola. With their operational depth and regional reach, we are well positioned to accelerate our contribution to the agricultural economy and enhance farmer livelihoods,”said Louvet.
The move aligns with Invictus Investment’s broader strategy of targeting majority stakes in high-growth ventures across Africa, cementing its position as a fully integrated agro-food enterprise. The company continues to seek opportunities that extend its value chain, from input supply to food processing and trade.
Sign up to HERE receive our email newsletters with the latest news and insights from Africa and around the world, and follow us on our WhatsApp channel for updates.
