Angola: Luanda Gets Vegetable Oil and Butter Factory This October

Luanda — A vegetable and palm oils factory will be opened in Luanda in October this year, with an expected creation of 400 jobs, in a private initiative of the Naval business group.

The announcement was made on Wednesday in the Angolan capital by the company’s financial director, Eduardo Barbosa, during a visit by the provincial governor of Luanda, Manuel Homem, to the factory’s construction site.

The factory will also produce butter and it is budgeted at more than US$90 million.

According to…