Serbia: Serbia's ambassador to Angola, Milos Perisic, expressed on Tuesday in the Special Economic Zone in the province of Icolo and Bengo, his country's intention to increase trade volume with Angola to over USD 50 million. The diplomat shared this ambition following a working visit by MPLA vice-president Mara Quiosa to the CANDY FACTORY industrial unit, a sugar confectionery factory that produces chewing gum, hard candies, and lollipops.
According to Angola Press News Agency, Milos Perisic stated that the trade volume between Angola and Serbia in 2024 was valued at less than USD 10 million, which he described as insufficient. He emphasized the goal of reaching a trade value above USD 50 million. The ambassador noted that other Serbian companies would soon be operating in Angola, highlighting the country's potential and capabilities in human resources, with a young, active, and educated population.
He further mentioned that future investments would focus on agriculture, given the sector's potential and opportunities in meat production. The ambassador remarked that Angola is a promising partner for investing, producing, and distributing products locally and for export.
Milos Perisic also highlighted the historical support Serbia has provided to Angola since its struggle for national independence. He asserted that the current focus is on the country's development, and the CANDY FACTORY serves as a model of how European countries, and others, should invest in Angola.
According to the CANDY FACTORY technical director, the factory has an installed capacity of 6,700 tons annually, meeting approximately 30% of the demand for products such as sweets, lollipops, and chewing gum. The factory is focused on developing and launching new product lines.
In the last two years, the factory has exported approximately 100 tons to markets including Zambia, Mozambique, and So Tom©, where they plan to further consolidate their business presence.
Provincial governor of Icolo and Bengo, Auzlio Jacob, who also accompanied the visit, stated that the MPLA Vice President's visit demonstrates commitment and increased confidence, ensuring that investors feel supported and protected. He emphasized that this visit encourages further investment in the country, highlighting the potential for small, medium, and large industries to boost the economy.
