
This Angolan company is finding global buyers for its cassava and caterpillars
The mopane worm – colorful, hairy and nutritious – has many things going for it, but its name is not one of them. Native to woodlands in southern Africa, it is in fact a caterpillar that's widely eaten in rural areas; and being high in protein and low in fat, it is being pitched as a superfood to overseas markets.
Based in the Angolan capital of Luanda, on Africa's southwest coast, FoodCare is a dried food manufacturer that processes and packages a range of 25 homegrown foods, including cassava, mushrooms, various fufu (pounded starchy meals) and mopane worms, exporting its products to Europe, North America and South Africa.
The company, which started business in 2020, was founded by Marlene José, just before the Covid-19 pandemic. Despite a challenging first 18 months, it has grown to directly employ 28 people, six part time, and works with a network of suppliers across four northern provinces, Cuanza Norte, Bengo, Uíge and Malanje.
José says cassava, rather than mopane worms, is FoodCare's biggest seller. A gluten-free alternative to wheat, rye and barley, cassava flour is a major growth business, with a global market valued at $34.3 billion in 2024 and projected to exceed $95.5 billion by 2034, according to one recent market insight report.
She adds that FoodCare has the capacity to process 84 tons of cassava per month, but receives monthly international requests for 700 tons. The company exports 95% of its product, with the remaining 5% sold in Angola to primarily middle and upper-class customers, says José. But abroad it caters to a broader swathe of the African diaspora.
The CEO says that FoodCare has made purposeful steps to make its products as attractive as possible, with distinctive branding and labels translated into four languages. Eventually, she hopes this will encourage more non-Africans to buy her products.
'Many African people think that other nationalities don't like our food. I think they just don't know the food because it's not well packaged,' she said.
'(People) want to have the information: What's the benefit? What is it used for? If we don't put the product in presentable packaging with all this information, of course people won't try it,' she continued.
'Most of (Angola's) products are organic, 95% of agriculture is family (operated),' José added. 'We need to sell the country as a healthy food exporter.'
Angola imports over half of its food and currently only 10% of arable land is cultivated. Seeking to diversify its economy and decrease its reliance on imports, the government is implementing plans to boost its agricultural sector.
But with an economy heavily reliant on oil, dips in global oil prices are among the reasons why Angolans are 'living through a financial crisis as we have never seen before,' said José. In 2024, unemployment stood at over 32%, and much higher among those age 15 to 24 years old.
Denise António, resident representative for the UN Development Programme in Angola, explained in an email that Angola's 27-year civil war, which ended in 2002, 'decimated the agricultural infrastructure.'
'Fortunately, revitalizing the agriculture sector is a priority for the country not only for the purpose of diversifying its economy and limiting its dependence on oil, but also a way for unlocking the potential for food security,' she added.
For example, the government's National Plan to Promote Grain Production (PLANAGRíO) aims to double production of crops like wheat, rice, soybeans and maize by 2027.
Per 2021 data, António says micro, small and medium enterprises accounted for more than 90% of business in the country. She added that, 'the biggest growth opportunities in Angola's agriculture sector lies in its ability for value addition of its raw material into higher-value goods that will create job opportunities by boosting production.'
In Bengo, FoodCare is running a pilot program that has installed a solar-powered system allowing farmers to dry their cassava harvest on site. That reduces transportation weight, and therefore cost, in FoodCare's supply chain, while providing product quality assurance, says José.
She says that in the long term, FoodCare is looking to farm cassava, not just process it, and the company is also entering the coffee business, with plans to 'reactivate' a network of family-run farms covering 5,000 hectares to grow the crop.
But such expansion does not come cheap, and José says she is seeking investors. 'We are looking for $3 million (to invest FoodCare's operation), but we don't want to do it alone,' she said. 'We don't need only funding, we need a partner that will bring technology and support.'
José also hopes for domestic policy reforms to make it easier to export goods. But rather than diverting food from the domestic market, she hopes expanding her company will provide more employment locally.
'FoodCare is not (just) a company looking to make profit; we want to also change the mindset in Angola about the quality of food that we eat,' José said. 'We (Angolans) still prefer what is imported. We need to value more what is being produced in our country as it is generating jobs and adding value to local products.'
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles

Business Insider
3 hours ago
- Business Insider
Tesla opens first African subsidiary in Morocco, begins continent-wide expansion
Tesla has officially opened its first African office in Casablanca, Morocco, marking a strategic milestone in the company's global expansion plans. Tesla has inaugurated its first African office in Casablanca, Morocco, as part of its global expansion strategy. Operations include vehicle importation, sales, servicing, clean-energy solution distribution, and charging infrastructure management. Tesla's leadership combines global expertise and local operational knowledge, emphasizing a tailored ecosystem approach. The newly established subsidiary, Tesla Morocco, was legally incorporated on May 27, 2025, with an initial capital of MAD 27.5 million (approximately USD 2.75 million). Located in the high-end Crystal Tower at Casablanca Marina, the office signals Tesla's long-term commitment to Morocco as both a regional hub and an entry point into the African market. Prior to this move, Tesla had quietly laid the groundwork for its North African presence, having installed hybrid superchargers in Casablanca and Tangier in 2021. The network has since expanded to additional cities including Rabat, Fez, Marrakesh, and Agadir. Tesla Morocco will oversee a wide range of operations, including vehicle importation, sales, servicing, and charging infrastructure. In addition to its automotive focus, the subsidiary will handle distribution of Tesla's clean-energy solutions such as solar panels, battery storage systems, and energy network services. The office will also provide after-sales support, technical assistance, and staff training, indicating Tesla's intention to deliver a fully integrated ecosystem tailored to local needs. Why Morocco? Tesla's strategic bet on Africa's renewable future The subsidiary is jointly managed by Rafael Arqueza Martin and Shahin Oliver Khorshidpanah, with backing from Tesla International B.V. and Tesla Motors Netherlands B.V. The leadership structure highlights the company's strategy of combining global expertise with on-the-ground operational efficiency. Tesla's decision to anchor its African operations in Morocco reflects the country's growing appeal as a clean-energy and automotive hub. With an expanding renewable energy sector, an established car manufacturing industry, and progressive investment policies, Morocco offers Tesla a strong foundation for long-term growth. The move also aligns with Morocco's broader ambition to achieve carbon neutrality and foster high-tech economic development. In April 2025, Tesla Chairman Elon Musk confirmed plans to build a factory near Kenitra. The plant is expected to follow the consolidation of Tesla's distribution and retail network, using Morocco as a springboard for further continental expansion. With the Casablanca office now operational, Tesla has made its first concrete step into the African landscape offering a glimpse into a future where electric mobility and clean energy converge across the continent.

Miami Herald
7 hours ago
- Miami Herald
Huge home retailer filing Chapter 11 bankruptcy, closing stores
While certain discount retailers have thrived, not every chain has the loyal customers that support Marshalls, Ollie's Bargain Outlet, Ross Dress for Less, HomeGoods, and other thriving chains. In fact, the current retail apocalypse has claimed a lot of players in the discount space including some that seemed to have a devout following. The death of Christmas Tree Shops, for example, was shocking only because that chain seemed to have a cult following. Related: Costco to make generous offer to frustrated phone customers It was perhaps less surprising when Bed Bath and Beyond went out of business as that chain seemed to have lost its way, but its death was unexpected if only because the retailer filled a product niche. Retailers including Tuesday Morning, which offered the same treasure hunt model made popular by Marshalls, TJ Maxx, and HomeGoods - all sister brands under TJX Companies (TJX) - did not survive its Chapter 11 bankruptcy. Don't miss the move: Subscribe to TheStreet's free daily newsletter Joann and Party City were not discount retailers, but they also served very specific audiences and could not find enough customers to survive. In both of those cases, it took multiple bankruptcies to kills the popular brands and it's likely their debt was simply impossible to overcome. Now, a popular home goods brands (and rival to HomeGoods) is preparing a Chapter 11 bankruptcy filing which will likely included closing multiple stores. At Home sells a bit of everything people need for their home. That includes furniture, accessories, and pretty much else that might go in a house. The company described its business on its website: "For over 46 years, At Home has been a trusted destination for stylish, approachable design - offering everything a decorator may need to transform their space into a true reflection of who they are, how they want to live, and the memories they aim to create at home. Discover everything for every room, from Furniture, Rugs and Décor to Bedding, Bath, Outdoor and more. Explore curated collections, incredible seasonal selections and unique pieces that show off your signature style. Design your life At Home," the company shared. Many home goods retailers saw banner business during the Covid pandemic. Even though stores were closed, or at least limited, customers were stuck at home so they worker on making that space as comfortable as possible. More bankruptcy: Iconic auto repair chain franchise files Chapter 11 bankruptcyPopular beer brand closes down and files Chapter 7 bankruptcyPopular vodka and gin brand files for Chapter 11 bankruptcy A lot of people built home offices, replaced old couches, and made other improvements. That pulled some demand forward and created unpredictable sales patterns as normal replacements cycles were thrown off. It's a phenomenon that created some up and down quarters for numerous retailers including Best Buy, Lowe's, and Home Depot. An At Home bankruptcy has been rumored for quite some time and now a number of media reports have shared that it's expected to happen imminently. The chain missed a key interest payment on May 15. That's often a planned move for a company looking to file for Chapter 11 bankruptcy protection. Skipping a payment can force a lender to foreclose on the loan, but it can also bring them to the bargaining table. At Home has until June 30, to catch up on that payment and fix its account, but a bankruptcy filing is more likely. Once it files for Chapter 11 bankruptcy (should it choose to do so), the struggling retailer, is expected to immediately begin closing about 10% of its stores. The chain currently operates 200 stores and other beyond the original 20 may face closure as well. At Home has blamed its financial woes at least partly on President Donald Trump's tariffs, which have increased the price of certain goods while creating pricing uncertainties going forward. The tariffs have also slowed down some discretionary consumer spending as people wait to see what their impact will be. At Home sources most of its products from China, the country that will be hit the hardest by the tariffs. It has been working to buy items from other sources, but it's not easy or quick to revamp you supply chain. At Home and its parent company have not responded to media requests for comment. Related: Iconic liquor brand in Chapter 11 bankruptcy faces liquidation The Arena Media Brands, LLC THESTREET is a registered trademark of TheStreet, Inc.


Hamilton Spectator
9 hours ago
- Hamilton Spectator
Tariffs, wildfires and AI on the agenda as Canada hosts world leaders at G7
OTTAWA - Prime Minister Mark Carney has tried to pare down Canada's priorities as the G7 summit host, but there's still a lengthy list of global issues for leaders to discuss over the coming days. 'Leaders (will) meet at a moment of enormous flux globally, when tensions among G7 members are especially pronounced,' Carney's foreign policy adviser David Angell told a panel this week. He did not directly reference U.S. President Donald Trump, who famously walked out of the last G7 summit Canada hosted in 2018. Here's a look at what's on the agenda in Kananaskis, Alta., and what to expect. Economics On the formal agenda, the first discussion is about the 'global economic outlook,' followed by a working lunch on economic security and supply chains. Angell said this will include a discussion on 'anti-market practices by large, non-G7 economies.' China is among those countries accused of anti-market practices. 'There's no doubt that important discussion of President Trump's tariff strategy will take place,' he added. John Kirton, head of the G7 Research Group at the University of Toronto, said the discussion will likely set the tone on how countries balance fiscal stimulus through tax cuts or possibly more defence spending along with cutting back deficits. He said leaders will need to navigate the difficult reality that Trump's tariffs are hurting economic growth and likely caused the downgrading of Washington's credit ratings. Leaders are set to discuss critical minerals, and Kirton said this might involve setting labour and environmental transparency standards for minerals acquired in fragile countries such as the Democratic Republic of Congo. Sen. Peter Boehm, who played a central role in many G7 summits, said he expects Canada to raise the dysfunction of the World Trade Organization, though this might happen in an informal setting instead of part of the structured G7 meetings. The WTO's appeal body is the main global enforcer of resolutions in trade disputes, and it has been effectively stalled for years as the U.S. blocks the appointment of panel members, following frustration of how the WTO has ruled against Washington. In 2018, Canada launched the Ottawa Group, a committee urging WTO reform made up of more than a dozen economies ranging from Kenya to Norway, but it has had limited success. Wildfires and foreign interference The second session taking place Monday will involve safety, particularly wildfires, foreign interference and transnational crime. Canada is set to release a Kananaskis Wildfire Charter, spanning mitigation, response and recovery. Kirton said discussion around the document will focus on 'equipment interoperability' to allow G7 members to support each other during emergencies, as well as the use of satellite imagery to fight wildfires. He said the topic has become 'a burning issue' in part because wildfires in places like Los Angeles and across the Prairies show how the threat is relevant to Washington and its G7 peers. Leaders might try to raise climate change, but Kirton doubts that phrase will appear in any closing statements, with Trump pushing back on the topic. A brief circulated among G7 planners from various countries originally included the term 'countering migrant smuggling and drug trafficking' but Kirton noted that the term did not appear in later drafts. Kirton said he expects leaders to discuss tighter co-operation in combating the drug trade, given that the U.S. concern over opioids matches concerns other countries have about heroin trafficking. 'Making the world secure' The topic title of the Monday working dinner is broad. While such a session would normally involve conflicts in Israel and the Palestinian territories, North Korea and Sudan, analysts expect that recent strikes between Israel and Iran will dominate this discussion. Ukrainian sovereignty Tuesday's working breakfast will come after G7 leaders have a chance to meet with Ukrainian President Volodymyr Zelenskyy, and amid concerns from other G7 members that the U.S. might sign a deal from Russia that only encourages further invasion of European countries. After that, G7 leaders have a larger meeting with the invited guests, which so far includes leaders of Australia, Brazil, India, Mexico, South Africa, South Korea, Ukraine, NATO, the United Nations and the World Bank. It's unclear whether Canada's bid to raise issues of foreign interference will come up in talks with Indian Prime Minister Narendra Modi, whose government the RCMP has linked to extortion, coercion and homicide cases. In January, the foreign interference inquiry's final report said 'India is the second most active' threat actor, which is 'clandestinely providing illicit financial support to various Canadian politicians in an attempt to secure the election of pro-India candidates or gain influence.' Energy security Tuesday afternoon's discussion is set to include making energy affordable and creating the infrastructure needed to diversify of energy sources. Angell said 'a number of key leaders' visiting the summit as guests will be part of the talks. Carney's office has said Canada is seeking coalitions with reliable partners to open new markets, and generate large infrastructure investments. AI and quantum tech Carney's office says G7 leaders will discuss 'using artificial intelligence and quantum to unleash economic growth,' though it's not clear where in the schedule this will take place. Experts say quantum computing could rapidly speed up processing times and allow for more accurate or efficient tasks. But they say cryptography might be needed to prevent powerful quantum computers from breaking power grids and banking systems. Kirton said the discussion will likely include discussion on how to include developing countries in the gains of AI and how it can boost the efficiency of government bureaucracies and business of all sizes. Something useful — and Canadian While federal officials have warned that the summit will unlikely end with a lengthy communiqué that has been part of almost every other G7 summit, Boehm has faith Canada will still deliver points of consensus that liberal democracies can act on. Last month, finance ministers and central bankers agreed on action around cyber threats to the financial sector and the need to assess the possibilities and risks posed by artificial intelligence. In March, foreign ministers pledged to focus on maritime security, a topic that affects all G7 countries who also happen to share three oceans with Canada, giving grounds to look at everything from unregistered vessels undermining sanctions to illegal fishing and threats to undersea fibre-optic cables. These were largely seen as ways to bridge the growing gap between Europe and the U.S. and focus on shared goals. It's a skill G7 allies turn to Canada for, sometimes literally, in the middle of the night. 'There's often come a time, usually at three in the morning or something, where someone will look at me, or whoever is in the Canadian chair and say … 'it's time for the great Canadian initiative to compromise, and get this thing done.' So we do add value,' Boehm said. This report by The Canadian Press was first published June 15, 2025.