PRODESI plans to finance 500 projects this year

Luanda – At least 500 projects from the 1,022 approved in 2021 at country level start receiving financing as from this year in the framework of the Program to Support Production, Export Diversification and Import Substitution (PRODESI), announced the Secretary of State for Economy, Dalva Ringote.

According to the government official, PRODESI has 732.3 billion Kwanzas in several operational credit lines to ensure the financing of the projects of the pointed sectors by the program such as food, agribusiness, mineral resources and tourism.

The official who was speaking Tuesday in the usual briefing of the Minister of Economy and Planning (MEP) made known that this number of projects to finance might increase due to the volume of the proposals already approved to be financed.

Source: Angola Press News Agency