BRafr-September2017

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POWERING ANGOLA’S SUSTAINABLE FUTURE THE LARGEST PRIVATE INVESTMENT IN ANGOLA OUTSIDE THE OIL SECTOR, BIOCOM’S PROJECT IS CONVERTING HUGE SUGARCANE HARVESTS INTO VITAL ELECTRICITY, SUGAR AND ETHANOL W R I T T E N BY: TOM WADLOW
INSIGHT Biocom’s pre-sprouted seedling nursery in Cacuso, Malanje Province, Angola ANGOLA IS HOME to an estimated 35mn hectares of arable land. An economy historically and still reliant on natural resources, agriculture represents an enormous opportunity for sustainable, diverse development. “Angola’s potential has always been remarkable, however, more than half the food products consumed by the Angolan population are imported,” remarks Mário Lourenço, CEO of Cochan, key financier and 40% stakeholder in Biocom, a massive harvester of sugarcane and producer of electricity and ethanol byproducts. The recent civil war and resultant mine-clearing operation caused a slowdown in agricultural investment in the country, meaning the sector only contributes just over 10% of Angola’s GDP. However, Biocom is a project already reversing this trend. Its 80,000-hectare site lies in the heart of the municipality of Cacuso, in the northern Malanje Province. Asides multi-industry investor Cochan, the group is formed of two other Angolan companies. Odebrecht Angola, which operates in the fields of engineering, agribusiness, mining and civil construction, also holds a 40% stake, while state oil 9
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MINING An aerial view of dozer mini
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MINING Ship loading at the dedicate
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MINING locals, 65% of these employe
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TECHNOLOGY Ramesh Awtaney Founder a
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ELECTRIFYING TANZANIA Written by: N
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AFRICA “Songas is a thriving busi
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