12 December 2017

Angola: Over Akz 7 Billion Financial Agreement for Agriculture Approved

Luanda — More than seven billion kwanzas is the amount approved for the agreement between the Ministry of Finance and the International Business Bank (BNI), to acquire means and equipment for the agricultural 2017/2018 agricultural campaign, ANGOP has learnt.

According to the Presidential Order, published in the Statel Gazette on December 7, the funding aims to boost the economic and social development of the country through the re-launch of agriculture.

The diploma, signed by the President of the Republic, João Lourenço, is already in force, and it authorizes the Minister of Finance to conclude this financing agreement.

The agricultural 2017/2018 agricultural campaign was opened in October this year by President João Lourenço, in the municipality of Cachiungo, central Huambo Province.

According to projections of the Ministry of Agriculture and Forestry, it is expected from the agricultural campaign to produce 2.5 million tonnes of cereals throughout the country.

Angola

Angola Attends Female Leader's Forum

Angola is participating from Tuesday to Thursday this week in the second African Women Leaders Forum of Africa's… Read more »

Copyright © 2017 Angola Press Agency. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com). To contact the copyright holder directly for corrections — or for permission to republish or make other authorized use of this material, click here.

AllAfrica publishes around 800 reports a day from more than 140 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.