Luanda, Angola, November 29, 2022—To support the growth and sustainability of Angola's agribusiness sector and help it access new markets, IFC today announced a partnership with the Angola Agriculture Association (AAPA) to expand food safety, certification, and productivity training in the country.
The training in production standards and certification
will be delivered to more than 100 members of AAPA, an industry
association of large agribusiness firms and rural cooperatives. The training aligns
with the internationally recognized GlobalG.A.P. Certification and European
Union standards and will help Angolan producers
increase productivity and meet export standards.
IFC recently signed similar food safety and productivity partnerships with Turiago farm, Angola's second largest banana farm, and Fazenda Maxi, a large fruit and vegetables retailer with an outgrower scheme.
Angola has identified agribusiness as a priority sector for economic growth and diversification. Improving food safety and productivity standards can help increase its competitiveness, strengthen exports and regional trade, and support food security in Africa.
"Food safety is an integral part of food production. Improved safety standards help ensure that what people consume has been produced safely and hygienically," said Carlos Katsuya, IFC Representative and Head of Mission for Angola. "This training, delivered at international standards, will help strengthen Angola's agriculture sector and its local value chains, boosting its contribution to economic growth."
"The partnership between AAPA and IFC will help enhance knowledge by offering professional trainings to boost productivity and exports in Angola's agricultural sector," said Wanderley Ribeiro, President of AAPA. "While financing is an extremely important instrument for the development of the sector in Angola, knowledge on the use of financial resources and project management is even more important."
For more than 15 years, IFC has been helping companies around the world implement international food safety standards and adapt sustainable business models. Improved food safety has enabled IFC's clients to meet regional and international export market requirements, attract investments, generate increased sales, realize cost savings, and strengthen their brands.
The partnership announced today is part of IFC's Growing Agriculture Supply (GAS) program in Angola, which is promoting increased food security, enhancing local supplier value chains, and supporting the growth of the agriculture sector. The GAS program is co-financed by the Government of Japan and the European Union.
About IFC
IFC—a member of the World Bank Group—is the largest global development institution focused on the private sector in emerging markets. We work in more than 100 countries, using our capital, expertise, and influence to create markets and opportunities in developing countries. In fiscal year 2022, IFC committed a record $32.8 billion to private companies and financial institutions in developing countries, leveraging the power of the private sector to end extreme poverty and boost shared prosperity as economies grapple with the impacts of global compounding crises. For more information, visit www.ifc.org.
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