Tue, 15 Oct 2019 11:02 - Updated Tue, 15 Oct 2019 11:02
BFA with 30 billion kwanzas available to assist production projects
Saurimo - Angolan Banco de Fomento (BFA) bank has available 30 billion Kwanzas to assist the Programme for the Support of Production, Diversification of Exports and Replacement of Imports (PRODESI).
Send by email
To share this news by email, fill out the information below and click Send
To report errors in the texts of articles published, fill out the information below and click Send
Lunda Sul: BFA bank with Akz 30 billion to assist production projects
Photo: Pedro Moniz Vidal
The bank disclosed the information on Monday in eastern Lunda Sul Province during the presentation of PRODESI by local commercial banks, while Bank BIC on its turn has available 4.9 billion kwanzas to support the same project.
Local businesspeople and economic agents have learnt about the amount available by commercial banks and conditions for Credit Support Project (PAC) and PRODESI eligibility.
Approved in March this year by the Cabinet Council, PAC is an instrument aimed to facilitate access to credit for producers of 54 products of the Staple Diet Parcel.
- 14/10/2019 17:57:58
Luanda - The Angolan authorities announced Monday that the emergency program for the voluntary purchase of weakened cattle heads in the provinces of Cunene, Namibe and Huila is already in its final phase.
- 13/10/2019 10:53:24
Saurimo - Cardinal Dom Eugénio Dal Corso said on Friday in Saurimo City, eastern Lunda Sul Province, that the Angolan executive should invest more in the agriculture sector, with a view to reducing hunger and extreme poverty in the country.
- 11/10/2019 18:45:26
Luanda - The Republic of Angola will benefit USD 60 million from the 4th edition of the Regional Program for Continuous Disease Surveillance Systems (REDISSE 4), approved this week by the World Bank group.