Programme to finance Brazilian exports expands to Angola in 2015

16 December 2014

Brazilian businessmen who want to make investments in Angola from 2015 will benefit from the Brazilian government’s Export Financing Program (Proex), said the president of the Brazil-Angola Chamber of Commerce.

Simão Grilo dos Santos, who recently spoke in Sao Paulo, said Proex would have its funding increased in 2015 “to finance Brazilian businessmen interested in investing in Angola with local products.”

Grilo dos Santos noted several Brazilian businessmen had shown Proex they were interested in operating in the Angolan market, a country that “is booming” and added that the agricultural and construction sectors were of greatest interest to Brazilian investors .

The president of the Brazil-Angola Chamber of Commerce and Industry this was likely because Brazil is one of the world’s largest producers and exporters of meat, and also has large business groups in the construction sector.

Simão Grilo dos Santos said the next meeting between businessmen from both countries would be in July 2015 in Luanda, and would analyse new opportunities and strategic partnerships. (macauhub/AO/BR)