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Sun, 03 Jun 2018 14:24 - Updated Mon, 04 Jun 2018 12:46

Agriculture creates a lot of jobs- Angolan president

Luanda - Agriculture is the economy sector that creates a lot of jobs and Africa has good conditions to develop it, said the Angolan president, João Lourenço.

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Lunda Norte: Agriculture

Photo: Angop - Lunda Norte

In an interview with the European television channel Euronews, João Lourenço said that in Africa, not betting on agriculture is a huge mistake and that there is a need to invest on this sector  to end hunger, reduce poverty rates and to be a source of export of products, as a way of diversifying the Angolan economy.

The African leader underscored that foreign currencies are not produced solely from the oil sale, but also from the sale of other products, including those from the field.

As an example he pointed out that developed countries invest a lot in agriculture.

João Lourenço also spoke of the policies being implemented in Angola to attract investments such as the approval of the more attractive private investment law, which rules out the compulsory partnership with local businesspeople as well as the facilitation and exemption of visa in ordinary passports.  

"We are very committed to removing a major impediment to business in Angola, which is the called phenomenon of corruption. This is a difficult struggle, it will take some time, but we are prepared to face this giant problem of corruption and we are sure that we will win”, stressed the Angolan statesman.

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