BRafr-September2017
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INSIGHT<br />
Part of Biocom’s huge<br />
80,000-hectare site<br />
firm Sonangol owns the remaining<br />
20% share. So far investment has hit<br />
$750mn, with another $520mn to be<br />
spent on phase two of the project.<br />
“Biocom is more successful than<br />
we could have ever imagined and<br />
is the first Angolan company after<br />
independence to produce and<br />
commercialise sugar,” says its Deputy<br />
General Manager Luís Bagorro Júnior.<br />
“Angola’s potential<br />
has always been<br />
remarkable, however,<br />
more than half the food<br />
products consumed by<br />
the Angolan population<br />
are imported”<br />
Mário Lourenço, CEO, Cochan<br />
10 September 2017
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