• Local Farmers to tap in the current demand of beef in Angola.
• With the current partnership being entered into by Government with various stakeholders, there is need to tap into the Angolan Market.
• Government should intensify disease control measures so that farmers do not lose out from such an opportunity.
Trade and investment plays an integral role in the economic growth of any country.
This may be achieved through increased exports and promoting Foreign Direct Investment (FDI).
Developing countries, such as Zambia, can increase their revenue base and create employment through such trade and investment activities.
Recently, Commerce, Trade and Industry Minister Chipoka Mulenga was in Luanda, Angola, where he signed an Addendum with Angolan Minister of Industry and Commerce Victor Fernandez to remove impediments that halted the effective implementation of the Bilateral Trade Agreement (BTA) signed in 2016 which was meant to enhance trade and economic relations between the two neighboring countries.
It is against this background that National Union for Small scale Farmers in Zambia (NUSFAZ) advised Local Farmers to tap in the current demand of beef in Angola.
Speaking in an interview with Money FM News, Union Executive Director Ebony Loloji said with the current partnership being entered into by Government with various stakeholders, there is need to tap into the Angolan Market.
“Angola cannot be importing from Europe when Zambia has the capacity to do so with proper animal disease preventions,” he said.
He however suggested that Government should intensify disease control measures so that farmers do not lose out from such an opportunity, as most of the time animals die from different disease.
In 2022, the approximate price range for Angola Beef is between US$ 8.75 and US$ 17 per kilogram or between US$ 3.97 and US$ 7.71 per pound (lb).
Angola is the second largest importer of beef and over the few years the demand has increased further.
