Africa-Press – Angola. A memorandum of understanding to facilitate access to credit for producers of goods and services, with the Seal Made in Angola, was initialed by the National Institute for Support to Small and Medium Enterprises (INAPEM), Banco de Desenvolvimento de Angola (BDA) and the Credit Guarantee Fund (FGC).
According to the President of the Board of Directors (PCA) of INAPEM, João Nkosi, the memorandum reinforces a process that has been happening on a daily basis, “even without the protocol”, because the institutions have been developing initiatives to support micro, small and medium companies.
Intervening in the act, the PCA says that the memorandum will overcome the identified constraints, to allow the ecosystem of micro, small and medium-sized companies and startups, “which have been knocking on INAPEM’s door every day”, to be able, together with the FGC and of the BDA, find alternatives for financing their projects.
For the administrator of the FGC, Eduardo Mohamed, the referred document will allow the acceleration of the support to the national production, granting public guarantees in differential conditions for the companies of the Service Made in Angola and also for the companies covered in the scope of the PREI.
He highlighted the sharing of qualitative and quantitative information on credit and public guarantees, as well as the carrying out of training programs for promoters.
The President of the Executive Board (PCE) of the BDA, Patrícia Almeida da Cunha, said that the memorandum will “continue to work towards the progress of the country, with a focus on young women.
In turn, the Secretary of State for the Economy, Ivan dos Santos, said that the memorandum will contribute to an increase in the production of goods and services and to an increase in employment, mainly among youth.
The Secretary of State for the Economy says that the intention is to give greater strength to the business sector and “this memorandum responds to some needs of the business sector, so that it will facilitate even more the process of granting credit”.
He appealed to producers, mainly those of flour, corn, rice, pasta, chicken and their derivatives and other products, to adhere to the service made in Angola, as it is yet another instrument that the Executive has to increase and encourage national production.
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