Africa-Press – Angola. One thousand and 299 national products, mainly food, already have the Made in Angola seal, informed the President of the Board of Directors (PCA) of the National Institute for Support to Small and Medium Enterprises (INAPEM), João Nkosi.
The label attributed by the Ministry of Economy and Planning (MEP), within the framework of the Executive’s strategies, to stimulate national production and reduce imports, already covers 303 companies.
According to the PCA, who spoke at the ceremony that marked the adhesion of Banco Angolano de Investimentos (BAI) to the “Made in Angola” seal, the manufacturing industry sectors have the highest number of seals issued with 70 percent of registration at national level.
He added that the sectors of agriculture and fishing also stand out, as well as in the field of digital economy, such as entrepreneurship in startups.
The agriculture sector, he said, is dynamic, in which in the short term, INAPEM has intensified, within the strategy to be developed for 2024, work with operators that are developing activities in the area, for greater adherence to the aforementioned seal.
The PCA recalled that Angolan companies certified at INAPEM level can adhere to the seal, those that comply with the theme of economic activity classification and that carry out activities and produce at least 30 percent of the national added value, in terms of raw materials..
He highlighted, on the other hand, the adhesion of BAI bank, as it is the first Angolan financial institution that will use the “Made in Angola” seal in its services and goods activities.
“By adhering to the seal, BAI recognizes the importance of promoting and valuing national production and that this is another step towards the development of the economy, through national production and employment in Angola”, he highlighted.
In turn, BAI’s Executive Administrator, Juvelino Domingos, stated that the financial institution’s adherence to the seal is a step towards strengthening the national economy.
The administrator also considered the Made in Angola seal a catalyst for a new era of corporate responsibility and sustainable development in Angola.
“This partnership between BAI and INAPEM shows the value of this successful strategic alliance between the State and the private sector, for the creation of a robust and sustainable ecosystem for economic growth”, he asserted.
The Made in Angola seal is a government initiative to promote products and services with high National Added Value (VAN), which reinforces the need to comply with strict quality criteria.
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