6 November 2017

Angola: Moxico - BDA Runs Sustainable Entrepreneurship Campaign

Luena — The Angola Development Bank is running a two-day campaign (6, 7 November) aimed at promoting the appropriate usage of bank investments for a sustainable entrepreneurship.

According to a press note that reached Angop in Luena, eastern Moxico province on Sunday the campaign dubbed "Diversify" was first launched in Luanda on July 5.

It aims at promoting and bolstering the concept of virtuous cycle of the economy as model of responsible behavior concerning the refund of credit granted by banks, adds the note.

With this initiative, BDA also intends to establish a direct connection between the correct investment of credits, improve the credit refund capacity, continuous availability of new credit opportunities, creation of permanent jobs and assurance of returns.

The campaign has so far had the participation of 64,810 people, 10,116 commercial outlets and 164 public and private institutions in the provinces of Luanda, Huambo, Bié, Huíla, Namibe, Cabinda, Cuanza Norte and Malanje.


Central Bank to Terminate Direct Sale of Foreign Exchange

The National Reserve Bank of Angola (BNA) last Tuesday announced that it is to terminate, on 01 October, the direct sale… Read more »

See What Everyone is Watching

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 600 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.