Africa-Press – Angola. In the last two years, the BNA has financed 48 micro, small and medium-sized companies in Cuando Cubango in 3.5 billion kwanzas, in order to be able to face the damage caused by the measures to contain the spread of Covid-19.
The head of provincial services of the National Institute for Support to Micro, Small and Medium Enterprises (INAPEM), Jacob Kambinda, said that 29 cooperatives and 19 companies in the productive sector were benefited, which resulted in the creation of 1,164 new jobs.
He said that a credit line from the Agrarian Development Support Fund (FADA) is planned, valued at between 10 and 25 million kwanzas, aimed at companies and cooperatives in the productive sector in the nine municipalities of Cuando Cubango.
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