45735
CARRINHO EMPREENDIMENTOS, S.A.
May 8, 2026
Angola
Africa
Jun 15, 2026
B - Limited
Pending Approval
May 10, 2026
Regional Industry - MAS Africa
Agribusiness and Forestry
Grain Processing (Milling, Starch, Flour, Malt)
The proposed investment is a senior loan of up to USD40 million to Carrinho Empreendimentos, S.A. (Carrinho). Carrinho is the holding of an Angolan family-owned business (the Carrinho Group or the Group) integrating operations across the food value chain (origination, storage, processing, distribution and retail). The investment will support the Group’s expansion, including the extension of its wheat flour mill, the construction of a warehouse at its industrial complex in Benguela, the construction of a central kitchen in Luanda, the purchase of new trucks and the implementation of SAP software in its stores (the Project). . The Project is the continuation of Carrinho Group’s long-term import substitution program, started in 2016-2019 with the successful establishment of a state-of-the-art industrial complex with 19 factories (flour, biscuits, pasta, edible oil, various packaged foods, animal feed, etc.) at the mouth of the Lobito corridor.
IFC has been providing extensive advisory support to the Group since 2021, supporting Carrinho to create market linkages for farmers in the poultry and feed grain sectors and provide them with training and extension services. The Group has also implemented a platform to support micro-, small-, and medium-sized enterprise (MSME) development across the agribusiness value chain. The advisory project will continue through 2026 to enhance Carrinho's digital platform.
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Local Access of Project Documentation
Angola