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Huang Yunfeng: Digging for gold in Angola

(ezhejiang.gov.cn) Updated : 2018-12-20

However, the last decade saw a recession in Angola's economy. In 2015, its currency began to depreciate and many Chinese people left the former "goldfield".

Huang didn't follow the herd. Instead, he did his utmost to find a way out. Illuminated by the fact that people in Angola relied too much on imported grains, Huang thought there would be great potential in developing agriculture in the African country.

He changed his concentration from manufacturing to agriculture as the businessman believed no matter how bad the economy was, food should be the priority for people's lives.

After extensive and in-depth inspections, Huang found an ideal 100,000-hectare land near the city of Malanje. He applied the world's most advanced equipment for farming and since 2016, 20 percent of the land has been developed and many kinds of agricultural products have been planted here.

With the orderly and stable development of his farmlands, Huang is now working on expanding his business by vacating a space for pig raising and visiting Yuan Longping, China's "father of hybrid rice" for future cooperation.


The farmland developed by Huang's company in Angola [Photo/zgyyw.cn]

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