Farmers should make use of Angola Investe programme, provincial governor says

10 February 2015

Farmers should make use of the Angola Investe programme, presenting viable projects of not more than 500 million kwanza, the governor of Benguela province, Isaac dos Anjos said Monday.

The governor was speaking at a meeting with the province’s farmers, about the diversification of the region’s economy through increased production as a way of responding to the current financial crisis because of the fall of international oil prices.

Dos Anjos noted the advantages for farmers of working together in cooperatives, which can present projects for funding to the Angolan Sovereign Fund.

During the meeting, the farmers explained some of their problems and difficulties, such as distribution of water from the Cavaco River, delays in construction of tomato processing plants in Dombe-Grande (Baía Farta), as well as for fruit juices and concentrates in Monte-Belo (Bocoio), as there is now a surplus of these products.

Isaac dos Anjos said for the factories the provincial government had already taken the necessary steps to build infrastructure and it was now up to private investors to raise funds for their construction and operation. (macauhub/AO)