Lubango, Angola, 28 April – The Southern Angolan Cattle-Breeders Cooperative (CCGSA) is to invest US$25 million this year in projects to provide technical support and equipment to cattle producing areas in the region, said the Cooperative’s general manager in Lubango.
In statements to Angolan news agency Angop, Álvaro Fernandes said that the amount would be provided by Banco de Fomento Angola (BFA), via a credit line, and that it would be used to build an industrial abattoir, in the city of Lubango and butchers in the Huila and Luanda provinces.
Álvaro Fernandes said that the project also included the supply of technical services to members, by means of mobile teams, involving the recruitment of specialized personnel in different agriculture and livestock areas to assist farmers directly.
According to the CCGSA director, the intention is to increase the supply of meat to the countries’ main markets, with a view to reducing imports.
Last weekend the cooperative held an auction in Lubango which raised over US$600,000 in the sale of 210 animals, including cattle, goats and horses.
The cooperative, led by businessman and cattle-breeder, Luís Nunes, was set up in 2005 by a group of local cattle-breeders. (macauhub)