Ver Angola


Deutsche Bank credit transfer agreement is signed this Wednesday by BDA and Carrinho

The credit transfer agreement of the German bank Deutsche Bank will be initialed this Wednesday by the Development Bank of Angola (BDA) and Carrinho Empreendimentos.


Carrinho, in a note to which Angop had access, clarifies that the contract for the transfer of financing in light of the credit line of the German bank is at stake.

This contract gives the Minister of Finance, Vera Daves, the 'green light' for the issuance of a sovereign guarantee in the amount of 56.9 million euros with a view to covering the contract for the import of materials for the food oil production plant , located in Benguela.

According to the company's statement, this contract is in accordance with the conditions of the contract signed between the BDA and the German bank, which aims to implement the credit line aimed at financing private projects in the fields of industry, agriculture, livestock and fisheries, writes Angop.

It is recalled that the laying of the first stone of the cooking oil factory took place in February 2022 by the hands of Victor Fernandes, Minister of Industry and Commerce, with forecasts pointing to this factory employing about 1000 people.


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