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Angola approves funds for 673 productive projects Angola approves funds for 673 productive projects Luanda, Jan 26 (Prensa Latina) Angola approved credits for 673 productive projects, under the current government program to diversify the national economy and encourage exports, an official source said on Tuesday. During a virtual press briefing, Secretary of State for the Economy Mario Caetano Joao stated that the Production Support, Export Diversification and Import Substitution Program (PRODESI) will benefit some 500 projects in 2021. PRODESI promised bank loans for 661 initiatives in 2020 a...

MANDATORY TO OBTAIN PERMISSION TO FELL COCONUT TREES MANDATORY TO OBTAIN PERMISSION TO FELL COCONUT TREES Written by Share: COLOMBO (News 1st): Laws will be formulated so that obtaining permission of the Divisional Secretariat will be made mandatory for felling coconut trees, the State Ministry of Coconut, Kitul, Palmyra and Rubber Product Promotion and Allied Industrial Production and Export Diversification said. A draft prepared in this regard has been sent to the Legal Draftsman’s Department, Tissa Hewawitharana, the Secretary to the State Ministry of Coconut, Kitul, Palmyra and Rubbe...

Over 2,000 Angolan producers to have access to microcredits Over 2,000 Angolan producers to have access to microcredits Luanda, Jan 13 (Prensa Latina) The Angolan Ministry of Economy and Planning (MEP) informed on Wednesday that more than 2,000 small and medium-size national producers will have access to microcredits during the first half of 2021. Secretary of State for the Economy Mario Caetano Joao said that the aim is to support 2,300 entrepreneurs in the first half of 2021, for which financing is guaranteed. According to the official, the aid to micro, small and medium-size businesses wil...