Central African countries continue to spend hundreds of millions of dollars on imported rice as regional leaders step up plans to increase local production.
The agreement brings together GMA’s local milling presence and SNBI’s international milling and baking expertise to create a structured training platform for Angolan bakers for the first time.
The parties will work collaboratively to identify and study multiple land opportunities with water access that is suitable for cultivation of cereals, grains, legumes and oilseeds.
60% of production is expected to be exported to China, with the remaining portion earmarked for local consumption.
The deal, executed through Mauritius-based Dagro Chemical Limited, is subject to regulatory approvals