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Angola announces $310 million in sorghum, sugarcane projects

June 5, 2008

In Angola, the central government announced that Angolan-based CIFAL and Spanish-owned Alcohespa will invest $150 million in a sorghum-based ethanol project that will produce 2 million tonnes of ethanol annually. South Africa-based PGBI and local Angolan firm Cielfil Agricultura will invest $160 million in a sugarcane ethanol project that will use 40,00 hectares of land and produce 180,000 tonnes of sugar annually.

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    Written by Jim Lane · Filed Under International 

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