The Angolan state intends to invest 300 million US dollars in the economic diversification acceleration project “Diversifica Mais”, to be implemented over six years, mainly in the Lobito corridor
The information was disclosed by the Secretary of State for Public Investment, Ivan Marques dos Santos, during the launch of the project, adding that around 40 million US dollars will be invested to improve the environment for trade and the growth of companies, especially those led by women.
Another investment of around 13 million will be allocated to attracting investment for public-private partnerships, especially in infrastructure for industrial development centers and logistics platforms, while 115 million are to be channeled to finance and business training, i
According to the Secretary of State, the “Diversifica Mais” project is expected to have a direct impact on 12,000 private companies, structure three productive infrastructures and facilitate 250 loans, 66 for micro, small and medium-sized companies.
Ivan dos Santos also witnessed the launch of the SOURCE platform to help the Public Investment Program, and attracting funding and private investment in the project portfolio.
Further Africa
