Ver Angola

Environment

Brazilians will invest in the Cafu Canal

The Cafu Canal will rely on Brazilian investment for agricultural cultivation, the aim of which is, through public-private partnerships, to implement an agricultural project on the aforementioned canal, located in the province of Cunene.

: Manzambi André/Angop
Manzambi André/Angop  

According to the president of the Angola-Brazil Chamber of Commerce, Raimundo Lima, the idea is to start the project "next year".

"The idea is that next year the Cunene project will begin, which is very interesting to see the implementation of family farming and the implementation of irrigated agriculture, because it is a dry area (...), and Brazil is willing to implement it here together with the Government of Angola. We need to produce here, in Angola, on a large scale to replace imports, mainly food", he said, speaking to Rádio Nacional de Angola (RNA).

On the occasion, the person in charge, cited by RNA, also made it known that "Embrapa, the Brazilian Agricultural Research Company, is already starting to bring forms of support here", adding that "Brazilians are interested in coming" to Angola.

Raimundo Lima also said that Angola "does not owe anything to Brazil", and there is no reason not to invest.

"Angola is the country that benefits most from resources financed by Brazil. Since 2015, no new financing has been allocated here to Angola and now we are working to ensure that this financing returns, especially because Angola owes nothing to Brazil, it paid everything, even anticipated in 2019, so there is no reason for these resources not to come. With this financing, we insist that there is a budget allocated to small and medium-sized companies", he stated, quoted by RNA.

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