Wedoany.com Report-May 29, Invictus Investment Company Plc, a prominent agro-food enterprise operating across the Middle East and Africa, has acquired a 65% stake in Angata, a leading fertilizer blending company based in Lobito, Angola. The transaction, facilitated through Mauritius-based Dagro Chemical Limited, is pending regulatory approval and represents Invictus’ third significant investment in Africa, following acquisitions in Mozambique’s Merec Industries and Morocco’s Graderco.

Angata specializes in producing customized fertilizer blends designed to meet the specific soil and crop needs of the region. With a current annual production capacity of 100,000 metric tonnes, the company plans to expand its output by the end of 2025 to meet growing demand for crop nutrition products, including urea, DAP, potassium, trace elements, and boron-based fertilizers. These tailored blends enhance soil health and boost crop yields, addressing key agricultural productivity challenges.

This acquisition strengthens Invictus’ presence in Angola’s agro-input sector, diversifying its operations from grain trading to farm productivity solutions. Angola’s vast arable land and expanding agricultural economy position it as a key market with significant growth potential. Angata’s operations also include importing and distributing pesticides and other agricultural inputs, further supporting local farmers.

“Our acquisition of Angata marks another major milestone in our expansion across Africa,” said Amir Daoud Abdellatif, CEO of Invictus Investment. “It reflects a strategic shift towards agro-inputs, giving us direct engagement with farmers while supporting regional and global supply chains. Angata’s technical expertise and strategic location make it a pivotal asset in our integrated value chain ambitions.”

Strategically located in Lobito, a coastal hub connected by rail to the mineral-rich Democratic Republic of Congo, Angata benefits from the Lobito Corridor’s logistical advantages, enabling efficient distribution and cross-border trade. This positions Invictus to effectively serve regional agricultural markets.

Christian Louvet, Director General of Angata, expressed optimism about the partnership: “This alliance with Invictus is a catalyst for scaling our impact across Angola. With their operational depth and regional reach, we are well positioned to accelerate our contribution to the agricultural economy and enhance farmer livelihoods.”

The acquisition aligns with Invictus’ broader strategy of securing majority stakes in high-growth African ventures, reinforcing its role as a fully integrated agro-food enterprise. By expanding into fertilizer production and distribution, Invictus aims to strengthen its value chain, from agricultural inputs to food processing and trade, while supporting sustainable farming practices.