Luanda — The Angolan Minister of Agriculture and Forestry said Wednesday that Angola will achieve food self-sufficiency in almost all agricultural products over the next five years, as a result of ongoing programs to support family farming, increase cultivation areas and subsidize the price of fuel.
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País já é auto suficiente na produção de raízes e tubérculos
According to Marcos Nhunga, in order to reach this goal, the sector will bet heavily on increasing the distribution of seeds, fertilizers and animal traction plows.
Speaking on Wednesday, on sideline of the debate on Agriculture in Angola "Past, Challenges and Future," the minister stressed that family agriculture is the Government's priority to produce more than 85 percent of what is consumed in the country.
To that end, he said that the Government is working on mobilizing a credit line, both for family farming, and both for business agriculture.
He recalled that US $ 434 million was available, to be financed by nine commercial banks under the Credit Support Program (PAC) to support national entrepreneurs.
This program will facilitate access to credit for producers who want to bet on the production of 54 products, especially those in the basic basket and others considered essential, under the National Production, Export Diversification and Export Substitution Program (PRODESI).
The Government is preparing a set of instruments, with the purpose of changing the economic activity in Angola.