Menongue - At least nine hundred million Kwanzas have been made available, so far, to the Cuando Cubango province, under the credit line of the Support to Production, Export Diversification and Import Substitution (PRODESI) and covered 34 companies and cooperatives.
Of the 34 applications that received funding, 18 are companies and 16 cooperatives, totalling 69 applications for access to credit, whose monetary amounts are part of the package for development of agriculture, as well as for buying and selling locally produced products.
The information was given to the press on Monday, on the sidelines of the opening of the training and capacity building of cooperatives in management tools, by the director of the Cuando Cubango Bureau for Economic and Integrated Development, Roberto Biwango.
According to Mr. Biwango, the local government intends to encourage all agricultural cooperatives to produce more and more for exports, increase jobs and generate family income.
In relation to the five-day training, Mr Biwango said that it aimed to help the cooperatives to develop as economic units and improve the way in which they should act in the market.
The trainees are being provided with knowledge in the areas of personal management, marketing and communication, introduction to accounting, operational management and law.
