UN finances fishing project in Angola

28 June 2016

Fifteen thousand people from the Angolan provinces of Luanda, Kwanza Norte, Bengo and Malanje will benefit from a project to support communal fish farming (aquaculture) launched Monday in Luanda by the Minister for Fishing, the local press reported.

The director-general of the Institute for Development of Artisanal Fishing and Aquaculture (IPA), Kkosi Leyeye, said the project would take five years and was intended to complement measures to fight hunger and reduce poverty.

The project is estimated to cost US$12.1 million, of which US$11.1 million will be provided by the United Nations International Agricultural Development Fund and the remaining US$1 million will be funded by Angola.

Leyeye also said this project was intended to increase food production to meet the basic needs of the population of the four selected provinces.

The Fishing Minister, Vitória de Barros Neto, said negotiations were under way with the European Union to add another US$10 million to the project. (macauhub/AO)