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Sovereign Wealth Fund and DeltaGest Sign Agreement to Build a Medicines Factory in Huambo

Sovereign Wealth Fund and DeltaGest Sign Agreement to Build a Medicines Factory in Huambo

The Sovereign Fund of Angola (FSDEA) has officially signed an agreement with DeltaGest Capital, SGOIC to launch a flagship pharmaceutical project in Huambo province.

The agreement was signed by Armando Manuel, Chairman of the FSDEA, and João Santos, Chairman of DeltaGest Capital.

The signing ceremony, held on 18 October at the FSDEA headquarters in Luanda, was attended by members of the FSDEA Board of Directors and representatives of DeltaGest Capital.

With an initial investment of €6 million, this project will establish a state-of-the-art pharmaceutical factory, which will make an important contribution to the health scenario in Angola.

Source: FSDEA

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