Thu, 06 Sep 2018 16:21 - Updated Thu, 06 Sep 2018 19:14
AfDB spends USD 1.5 million on agriculture projects in Cabinda
Cabinda - The African Development Bank (AfDB) will spend in the coming months USD 1.5 million equivalent in the national currency (Kwanza), out of a total sum of USD 123.1 million, to fund the initial phase of Agriculture Value Chains in the northern Cabinda province.
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Moedas de Euro e Dolar Norte Americano.
Photo: THOMAS COEX
The fact was disclosed by the official of the ADB Agricultural Policy, Philip Boahen, while speaking to the press at the end of a visit to the municipalities of Caconco and Buco-Zau in Cabinda.
Philip Boahen said that the amount will be spent on the agriculture sector works, under the project dubbed " Agricultural Value Chains".
The official asked the Ministries of Finance, Agriculture and Economy of Angola to speed up the financing process.
The Agriculture Value ??Chains project is aimed at integrating peasant families (young people and women) and to organise small and medium-sized enterprises to produce coffee, palm trees, cocoa and cashew.
The initiative also covers the creation of infrastructures for production, conservation, storage, processing and trading of cassava, bananas, sweet potatoes, peanuts and beans.
Philip Boahen, who is being accompanied by Minister of Agriculture and Forestry, Marcos Alexandre Nhunga, visited about 500,000 cocoa, palm and coffee plants in Massabi and Buco-Zau.
Tags Província » Cabinda
- 05/09/2018 11:01:40
Cabinda - The minister of Agriculture and Forests, Marcos Alexandre Nhunga, has encouraged peasant families and groups organised in small and medium firms in the northern Cabinda Province to support the Agricultural Value Chains project in the production of coffee, groves of palm trees, cocoa and cashews.
- 04/09/2018 19:52:18
Cabinda - Transport Minister Ricardo de Abreu Tuesday began a visit to the province of Cabinda to evaluate works at the airport Maria Mambo Café, passenger terminal and breakwater.
- 04/09/2018 19:22:02
Cabinda - The project to develop agricultural value chains for the northern Cabinda province was launched Tuesday in the city of Cabinda, in a ceremony witnessed by the Minister of Agriculture and Forestry, Marco Alexandre Nhunga.