Angola Targets $2.2 Billion Boost Through AgriConnect Initiative

With over 58 million hectares of arable land yet a $3 billion annual import bill, Angola is shifting its economic strategy. The government has partnered with the World Bank to launch AgriConnect, a national framework designed to modernize value chains and pivot the country toward agricultural self-sufficiency by 2030.

Editorial·June 25, 2026·reads: 744

Angola Targets $2.2 Billion Boost Through AgriConnect Initiative

The initiative aims to mobilize $1.45 billion in public and private capital to overhaul the sector, projecting the creation of 700,000 jobs. By streamlining logistics, food processing, and land administration, the program seeks to transition the workforce—which relies on agriculture for more than half of its livelihoods—from subsistence to commercial viability. Minister of Agriculture and Forestry Isaac dos Anjos emphasized that success hinges on integrating entrepreneurs and financial institutions into a more stable business environment.

Beyond immediate production targets, the strategy prioritizes climate resilience and gender-inclusive growth. By focusing on the Malanje and Lobito development corridors, the World Bank plans to channel specific financing into technologies that mitigate the impact of droughts and floods. World Bank Division Director Albert Zeufack noted that the platform is intended to bridge the gap between rural farmers and modern markets, aligning with Angola's National Development Plan 2023–2027 to diversify an economy historically tethered to imports.