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ExxonMobil: Angola can increase agricultural production with subsidies for family agriculture

Angola can increase its agricultural production by subsidizing family farming, supporting 80 percent of rural products, with the guarantee of minimum prices, defended this Wednesday, in Luanda, a manager from the American oil company ExxonMobil.

: Site Instituto de Desenvolvimento Agrário
Site Instituto de Desenvolvimento Agrário  

According to ExxonMobil's advisor for Public and Government Relations, Miguel Cordeiro, consumption has been financed so far, but it takes courage to finance production.

"There will be a huge difference, because subsidizing production is with kwanzas and subsidizing consumption is with currency", said Miguel Cordeiro, when participating in the round table on cereal production, insurance and financing for agriculture, promoted by the magazine Economia & Market.

The person in charge said that the multinational, in its social responsibility component, has been supporting family farming, especially women farmers, for around ten years, with the cooperation of Non-Governmental Organizations, with very positive results.

Miguel Cordeiro said that financial support "is very little" and goes more towards access to education and training, water, agricultural equipment or technologies, markets and capital.

In the beginning, family farming is for their own food, but with the support they receive they also start to sell and exchange products, "which makes a difference", due to the testimonies they receive from people who managed to improve their living conditions, he said.

"But the difficulties continue, because it is hard, especially for the peasant. And in the area of financing, although the small farmer is not waiting for bank support (...), a big difference could be made in the commercial area", he defended.

For the person responsible, it is necessary to support the sale of products, which provides profits, highlighting the large difference in prices charged by farmers and resellers.

"A can of beans in Quibala [municipio in the province of Cuanza Sul] is being sold for 400 kwanzas, here in Luanda for 1200 kwanzas, which has probably already increased. The difference between the producer and the consumer is abysmal", he highlighted.

Miguel Cordeiro stressed that it was important to be able to increase the price for the farmer and reduce it for the consumer, "everyone wins", which can be done "through a grain bank", by the State or a private one.

"This example alone made all the difference for family farming", said the person in charge, indicating that close to 10,000 peasant families are supported by the American oil company, in the provinces of Malanje, Uíge, Cuanza Norte, Cuanza Sul, Benguela, Huambo, Bié and Huíla, with prospects for expanding and improving aid.

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