Africa-Press – Angola. The information reporting Angola’s absence from the list of the ten countries facing the most severe food crisis in the world, in a group that includes eight African states, constitutes one of the facts that marked economic news over the last seven days.
This fact is stated in the Global Report on Food Crises (GRFC) 2024, recently released, based on data from last year, which indicates among the nations with the worst food crises on the continent: Mali, South Sudan, Burkina Faso, Nigeria, Libya, Central African Republic (CAR), the Democratic Republic of Congo (DRC) and Mozambique.
The group of ten most affected are completed by Afghanistan and Haiti, according to the report produced in collaboration between the Food and Agriculture Organization of the United Nations (FAO) and the World Food Program (WFP).
During the week, the guarantee of financing of around 983.6 million US dollars to be invested in cotton production in the country was also highlighted, in an initiative by the Chinese multinational company YAN Internacional, announced at the end of a hearing that the Minister of Agriculture and Forestry, António de Assis, granted it to a delegation from this institution.
The investment is planned for the province of Malanje and, in addition to cotton, includes the production of wheat and corn, expected to create ten thousand jobs.
In turn, the Italian ambassador to Angola, Cristiano Gallo, announced that part of his country’s financing of 5.5 billion Euros, intended for clean energy production projects, will be invested in Angola, as part of the energy transition around the world..
The diplomat was speaking to the press, on the sidelines of the Conference on Innovation and Energy Transition, organized by the National Agency for Oil, Gas and Biofuels (ANPG) in partnership with MAIRE and the Angola-Italy Chamber of Commerce and Industry.
Another important fact relates to information linked to gross credit to the non-financial sector, which recently announced data indicates amounted to 6.4 billion kwanzas last April, registering an increase of around 1.6 billion kwanzas ( 31.9%), compared to the same period last year.
Still in the period in question, the inauguration, by the President of the Republic, of the Matala Hydroelectric Plant, in the province of Huíla, was echoed in the agency’s news, after having benefited from rehabilitation that allowed its production capacity to increase from 27.2 to 40.8 megawatts.
The increase in production is facilitated with the entry into operation of the third turbine, which will mitigate the deficit recorded in recent years and improve the provision of electricity distribution services to communities connected to the South interconnected system.
The country’s participation in the “Fair on Africa”, in London (England), the audit of the minister of transport, by the specialized committee of the National Assembly, and the signing, in Lisbon (Portugal), of a declaration of partnership to exchange good practices within the scope of business missions, between the Angolan Private Investment and Export Promotion Agency (AIPEX) and its Portuguese counterpart AICEP, are also among the facts that marked the economic news of the last seven days.
At the London exhibition, Angola presented several types of agricultural products and a script with digital material and institutional videos on how to invest in the national territory.
Another no less important issue was the assessment, by the Secretary of State for Industry, Carlos Rodrigues, of the current state of the industrial centers of Viana, in Luanda, and Catumbela, in Benguela.
The government official verified the operation and production levels of the installed factories, as well as inspecting the administrative organization of these enterprises.
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