Amatheon Agri Holding N.V. announced it has signed a Memorandum of Understanding with the Democratic Republic of Congo's Ministry of Agriculture to build a sustainable food system to meet the needs of Congolese people across the country. The public-private partnership will provide 100,000 hectares of land for the cultivation of corn, soy, cotton, rice, and palm oil, providing significant local employment. In total, around 70,000 direct jobs are to be created.

The projects will include building cotton and palm oil processing plants, as well as an industrial slaughterhouse. An essential element of the partnership is the development of a broad value chain, the promotion of Congolese entrepreneurship, the support of local communities and smallholders, including in the areas of education and health care, and the improvement of the carbon footprint. The DRC-Amatheon partnership comes in the wake of the European Union's "Team Europe Initiative", established at the 6thEU-African Union summit in February 2022.

Team Europe brings together the European Commission, the European Investment Bank (EIB), the European Bank for Reconstruction and Development (EBRD), as well as Member States. Team Europe‘s Sustainable Agri-Value Chain initiative looks to support Africa's efforts to build and reinforce resilience and sustainable food systems by boosting public and private investments in African agri-value chains.