Ver Angola

Economy

AfDB executive director carries out a working visit to Angola

Judith Kateera, executive director of the African Development Bank, makes a working visit to Angola. During her visit to the country, the official will meet with Vera Daves, Minister of Finance, and with Mário Caetano, Minister of Economy and Planning, as well as see projects that are financed by the AfDB.

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According to Angop, the meeting will also serve to formally present the award for "Finance Minister of the Year" to Vera Daves, whose minister was distinguished by the African Banker Awards in May.

Judith Kateera – who arrives this Tuesday on Angolan soil – also has a trip to Cabinda on her calendar. In this province, the executive director of the institution will investigate the initiatives of the Ministry of Agriculture and Fisheries, which have funding from the AfDB, writes Angop.

Around 1.2 billion dollars, spread over 13 projects, is the value of the AfDB's investment portfolio in the country, according to Pietro Toigo, AfDB's representative in Angola, informed last year.

On the occasion, according to Angop, the official also revealed that more initiatives were being prepared, budgeted at 2.5 billion dollars for loans.

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