Angola has 20,000 registered agro-livestock cooperatives

7 April 2016

About 20,000 agricultural and livestock cooperatives are registered in Angola, said Wednesday in Luanda the minister of Economy, Abraão Gourgel, citing recent data from the Confederation of Rural Worker Associations and Agro-livestock Cooperatives of Angola (Unaca).

The minister, who was speaking at the opening ceremony of the National Conference on Cooperatives, said that beyond these agricultural sector cooperatives there are others cooperatives such as credit, housing, civil servants, fisheries and transport, although in insignificant numbers.

Gourgel noted that constraints on developing the cooperative sector and the prosperity of its members included access to credit, training, education and markets, cooperative management failure, and time consuming and expensive set up costs.

The minister recalled the support given by the government to the sector and mentioned the Law of Cooperatives, of 31 August 2015. This Law was approved by parliament based on a bill that filled a gap in Angolan law bu establishing the general principles and setting the basis for cooperative activity. (macauhub/AO)