Angola Opens Its Farmland. Brazil and China Are Racing In

2026-02-19 - 11:43

Key Points — Angola is granting roughly 60,000 hectares to Brazilian farmers in Cuanza-Norte province as part of a $120 million cooperation deal backed by BNDES, Banco do Brasil, and Angola’s sovereign wealth fund — more than 30 Brazilian agribusiness companies have already signed up — China’s state-owned CITIC is running a parallel program targeting