Luanda – More than 15,000 kg/month of coffee, produced by the Angolan VEMS company, will begin to be exported, as of March this year, to European markets.
The pledge came from the company’s manager, Vladmir Satula, who said that the initiative is intended to boost the export diversification process and the country’s image overseas.
The plan results from a partnership between the firm and the Angola – Spain Trade Chamber, the manager said at the 2nd edition of the exhibition and parade of jewelry with embedded diamonds from Angola, held Thursday.
Satula clarified that the respective exports will be made through the supply of coffee to the international business group AZ, which distributes this product to large commercial areas in Europe.
With a billion dollars investment, this company produced close to 100, 000 kilograms of coffee in the 2022 campaign, which corresponded to approximately eight exportable containers.
In this period, stressed the source, the revenue obtained stood at around 50% return.
The businessman predicts to expand his production to around a million kilograms/year and reach other international markets, as part of the 2022/2027 strategic plan. QCB/AC
Source: Angola Press News Agency