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Accelerating family farming: the Angolan government approves a program

15/05/2024
Source : ORISHAS-FINANCE
Categories: Sectors

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Lors du conseil des ministres mardi, la Commission économique a approved a program to accelerate family farming and strengthen security food 2023-2026, valued at more than 85 billion kwanzas

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The program is aimed at family farms, namely individual farmers, cooperatives, agricultural associations, micro and small businesses according to Felisbela Francisco, CEO of the Agrarian Development Support Fund (FADA). The program aims to strengthen the acceleration and diversification of agricultural production, with an emphasis on the mechanization of family farming and the strengthening of farmers' technical capacities

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By the end of the program, it is planned to finance more than 1,119 cooperatives and create a technological package combining equipment and inputs, where working capital will be made available to farmers for the purchase of raw materials (seeds, fertilizers, etc.), where working capital will be made available to farmers for the purchase of raw materials (seeds, fertilizers, etc.).

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