Bela beer, a brand new beer brewed by the China Investment Fund (CIF) Luanda Brewery LTD, is emerging in all shopping centers in Luanda and adding a new flavor for local beer consumers. Bela beer, a product from the newly established beer plant in Luanda with an investment of 180 million U.S. dollars from the China International Fund has been in trial operation since September 2014, and now its products were on sale in all major shopping malls in Luanda, Geneal Manager of the plant Buhe Bater said…Full Article: ECNS.cn May 2015

Key Point

  • According to the General Manager, the brewery can produce up to 100,000 MTs of beer annually.

ChinaAg Comments

  • In May 2014, Chinese Premier Li Keqiang and Angolan President Jose Eduardo dos Santos met and agreed that both countries should work together in infrastructure construction and agriculture.
  • In 2014, Angola hosted approximately 260,000 Chinese nationals (Angolan population: ~21 million)
  • In 2013, Angola produced an estimated 1,050,000 MTs of beer.

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