Angolan group invests US$15 million in Huíla province

12 September 2012

Angolan group Savana has invested over US$15 million in opening nine businesses in Huíla province, the group’s chairman, Norberto Carlos said in Lubango Tuesday.

According to Angolan news agency Angop, Carlos said that the funding had been used to build a paint factory, a limestone processing unit and to open outlets for the sale of construction materials, food, and other products, on the outskirts of the city of Lubango.

With the inauguration of these facilities, which include a carpentry workshop and a factory to build bridges and pontoons, Carlos said that the group had taken on 400 staff, most of whom were previously unemployed young people.

The Savana group has been operating in Huíla province for over 15 years. (macauhub)