Luanda, Aug. 24, 2026 (Lusa) - Brazil and Angola are preparing to sign, shortly, a protocol on the Agricultural and Livestock Productive Investment Programme, a member of the Brazilian government announced on Monday in Luanda at a meeting of business leaders from both countries.
Alex Giacomelli, Secretary for Trade Promotion, Science, Technology, Innovation and Culture at the Brazilian Ministry of Foreign Affairs, who took part in the Angola-Brazil Business Meeting 2026, highlighted that Angola has more than 30 million hectares of arable land and that the proposed Brazil-Angola Agricultural and Livestock Productive Investment Programme is due to be signed shortly.
Angola and Brazil intend to strengthen their partnership in the agribusiness sector, with the African country having made an area of 800,000 hectares available for Brazilian businesspeople to invest in Angolan territory.
Recently, the Angolan Minister of Agriculture and Forestry, Isaac dos Anjos, expressed his dissatisfaction with the deadlock surrounding the implementation of this project, for which a financial structure has already been established, involving the BNDES (45%), B-B-PROEX (23%), BDA (5%), FDESA (17%) and producers (10%).
«Please understand, I am no longer willing to get down on my knees and beg: ‘Come.' If you don't want to come, you don't have to, but you also don't need to be here all the time listing problems, failures and shortcomings. Enough is enough,» said Isaac dos Anjos at the time, during the Angola–Brazil Agribusiness Forum, held two weeks ago in Luanda.
Speaking to the press on the sidelines of the Angola-Brazil Business Meeting 2026, André Taveira, the administrative director of Supply Chain Management at Brazil's National Bank for Economic and Social Development (BNDES), said they are monitoring the negotiations, which have not yet been concluded.
«These are discussions involving successive rounds of negotiations; the Brazilian Government and the BNDES are aware of these negotiations, but we have not yet reached the final terms – there is still a process to be followed before things can be finalised,» he said.
Taveira emphasised that «there are still some commercial agreements that need to be finalised before the financing agreement can come into force».
For her part, Brazil's ambassador to Angola, Eugénia Barthlmess, said that the talks are nearing their conclusion, dismissing the idea that there are any obstacles preventing the project from moving forward.
«There are no obstacles; this process is under way. Alex Giacomelli mentioned this process in his remarks; it is a work in progress and a bilateral instrument between the two governments. It has its own timeline and is nearing completion, as the secretary indicated,» she stressed.
The Brazilian diplomat considered that the business mission's visit to Angola demonstrates the strong interest of her country's private sector in Angola, «supported by the Government in establishing closer ties with Angola in terms of partnerships, business and investment prospects».
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