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13 November 2025 African Development Bank

African Development Bank’s $211.4 million investment to enhance agriculture and create jobs in Eastern Angola

The African Development Bank Group has approved a $211.4 million financing package to boost agricultural production and create thousands of jobs in eastern Angola. The Eastern Region Agricultural Value Chain Development Project aims to transform the area into a major food hub for Angola and neighbouring countries, leveraging its strategic position along the Lobito Corridor economic zone.

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A project of Phuhlisani NPC supported by Absa. This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike. International License.