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Last year Angola earned 48 billion US dollars from petroleum. Yet the country that was once Africa’s largest agricultural producer is reduced to importing food. Now the government and private investors want to develop the agricultural sector, in the hope that Angola could become a new Brazil.
Logistics costs play a decisive role in food price development, especially when looking at local agricultural supply chains, e.g. for fruit and vegetables. The logistics cost burden on groceries varies greatly, depending on the prevalent supply chain setup.
African Governments are planning to leapfrog development and move to a middle income economy in a short time.