Thursday, 16 May 2013

Angola Food and Drink Report Q3 2013

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Angola Food and Drink Report Q3 2013
May 15th 2013, 00:00

Angola has one of the strongest economic growth outlooks in Sub-Saharan Africa, and its food and drinksector is likely to provide some excellent opportunities over the next few years as incomes rise and morecapital is invested into the sector by multinational companies in particular. As incomes continue to rise,sectors such as beer, soft drinks and retail should be among the beneficiaries.Key Forecasts? Per capita food consumption 2013 growth (local currency): 12.8% year-on-year (y-o-y); compoundannual growth rate (CAGR) to 2017: 13.2%? Beer production 2013 growth: 10.7 y-o-y; CAGR to 2017: 8.6%? Mass grocery retail sales 2013 growth: 19.3% y-o-y; CAGR to 20...

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