Mon, 17 Jul 2017 11:10 - Updated Mon, 17 Jul 2017 11:10
Angola and France sign co-operation and financing agreement
Luanda - Two agreements, namely on the establishment of the France Development Agency (AFD) in Angola and another one relating to the financing of water projects, were signed last Friday, in Luanda.

Send by email
To share this news by email, fill out the information below and click Send


Correct
To report errors in the texts of articles published, fill out the information below and click Send


1 / 1
Ambassador of France, Silvain Itté.
Photo: Alberto Juliao

Angolan Finance minister, Archer Mangueira, and French ambassador, Silvain Itté.
Photo: Alberto Juliao
The first agreement was signed by the Finance minister, Archer Mangueira, and by the French ambassador, Silvain Itté.
This agreement is aimed at enabling the AFD to officially in Angola and work in financing projects linked to the areas of waters, energy and agriculture.
The second agreement was signed by minister Archer Mangueira and the resident representative of the World Bank in Angola, Clara de Sousa, as well as the director of the France Development Agency (AFD), Martha Stein- Scochas.
In the ambit of the agreement, France will finance water distribution to peri-urban zones of nine Angola Provinces, a project estimated at USD 545 million.
Tags Economy
Read also
-
17/07/2017 09:59:33
Cuanza Norte: Peasants benefit from agricultural loan
Golungo Alto - At least 203 peasants of the Belo Horizonte Peasants Association in Canaúlo village, northern Cuanza Norte province, benefited on Saturday from agricultural loan and tools given by Sol Bank, as part of its project for local agricultural support.
-
15/07/2017 11:44:12
Angola has more than 69 million hectares of unexplored forests
Luena - Angola has a rich and varied forest heritage estimated at 69.3 million hectares, accounted for 55.6 percent of the country's surface area, which if well explored will promote effective economic development, said the Secretary of State for Agriculture, José Amaro Taty.
-
14/07/2017 16:54:04
Entrepreneurs told to create credible projects to attract India's credit
Luanda - Angolan businessmen should come up with workable projects that meet the requirements of Export and Import Bank of India (Exim-Bank-India) credit line to have access to financing, said the chairperson of the Angolan Association of Banks (ABANC), Amílcar Silva.