{"id":35956,"date":"2023-06-02T19:19:11","date_gmt":"2023-06-02T19:19:11","guid":{"rendered":"https:\/\/www.africa-press.net\/angola\/?p=35956"},"modified":"2023-06-02T19:21:05","modified_gmt":"2023-06-02T19:21:05","slug":"fgc-disburses-kz-314-billion-kwanzas","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/angola\/all-news\/fgc-disburses-kz-314-billion-kwanzas","title":{"rendered":"FGC disburses Kz 314 billion kwanzas"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Angola. <\/strong><\/span><b>The Credit and Guarantee Fund (FGC) has issued, since 2012 to date, 781 public guarantees, corresponding to 314 billion kwanzas, said the chairman of the Board of Directors of the institution, Luzayadio Simba.<\/b><\/p>\n<p>Speaking this Thursday, on the sidelines of the IV National Conference of Young Entrepreneurs, taking place in the Urban District of Futungo, in Luanda, the manager said that the credits benefited the sectors of agriculture, fishing, livestock and manufacturing industry.<\/p>\n<p>In 2022, he said, around 60 billion kwanzas were issued in terms of credit guarantees, benefiting medium-sized, small and micro-companies and small entrepreneurs who do not have real guarantees to present to commercial banks.<\/p>\n<p>Asked about which companies can benefit from a credit guarantee, he said that to do so one should contact the Fundo de Garantia, directly, and, indirectly, the banks installed throughout the country. \u201cWe work with almost all commercial banks operating in Angola\u201d.<\/p>\n<p>\u201cWe advise businessmen to continue to use this instrument from the Executive, which has been benefiting many businessmen. \u201cWe are open and we wait for demand, but we are also reaching out to entrepreneurs, family farmers and cooperatives.<\/p>\n<p>Young Entrepreneurs National Conference<\/p>\n<p>The IV edition of the National Conference of Young Angolans is taking place at the Belas Conference Center and has the participation of more than two thousand young entrepreneurs and businessmen.<\/p>\n<p>The themes of the meeting are being discussed in panels such as \u201cPresentation of investment opportunities in the provinces of Moxico and Namibe\u201d and \u201cStartups, marketing, and real estate in Angola\u201d and \u201cProfessional experiences and investment opportunities\u201d.<\/p>\n<p>During the two days, participants will also be informed about solutions for youth by the Development Bank of Angola (BDA), the importance of investment opportunities in the industry, the importance of feasibility studies, and the United Nations strategic plan for youth empowerment.<\/p>\n<p>On the occasion, the president of the company &#8220;Cumbi Group Empresarial&#8221;, Cumbi Ju\u0301nior, organizer of the event, said that the meeting is focused on attracting national investment, through foreign businessmen to invest in Angola and also encourage young Angolan businessmen to invest in other provinces in view of the existing potential.<\/p>\n<p>The organization also invited businessmen from the Federative Republics of Brazil, Mozambique, South Africa and Portugal.<\/p>\n<p><strong>For More News And Analysis About <a href=\"https:\/\/www.africa-press.net\/angola\">Angola<\/a> Follow <a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Angola. The Credit and Guarantee Fund (FGC) has issued, since 2012 to date, 781 public guarantees, corresponding to 314 billion kwanzas, said the chairman of the Board of Directors of the institution, Luzayadio Simba. Speaking this Thursday, on the sidelines of the IV National Conference of Young Entrepreneurs, taking place in the Urban [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":35955,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[233,337,329],"class_list":["post-35956","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-africa-press","tag-africa-press-angola","tag-angola"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>FGC disburses Kz 314 billion kwanzas - Angola<\/title>\n<meta name=\"description\" content=\"The Credit and Guarantee Fund (FGC) has issued, since 2012 to date, 781 public guarantees, corresponding to 314 billi ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/angola\/all-news\/fgc-disburses-kz-314-billion-kwanzas\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FGC disburses Kz 314 billion kwanzas\" \/>\n<meta property=\"og:description\" content=\"The Credit and Guarantee Fund (FGC) has issued, since 2012 to date, 781 public guarantees, corresponding to 314 billi ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/angola\/all-news\/fgc-disburses-kz-314-billion-kwanzas\" \/>\n<meta property=\"og:site_name\" content=\"Angola\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2023-06-02T19:19:11+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-06-02T19:21:05+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/angola\/sites\/65\/2023\/06\/sm_1685716657.954225.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"638\" \/>\n\t<meta property=\"og:image:height\" content=\"368\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/angola\/all-news\/fgc-disburses-kz-314-billion-kwanzas#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/angola\/all-news\/fgc-disburses-kz-314-billion-kwanzas\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/angola\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"FGC disburses Kz 314 billion kwanzas\",\"datePublished\":\"2023-06-02T19:19:11+00:00\",\"dateModified\":\"2023-06-02T19:21:05+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/angola\/all-news\/fgc-disburses-kz-314-billion-kwanzas\"},\"wordCount\":381,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/angola\/all-news\/fgc-disburses-kz-314-billion-kwanzas#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/angola\/sites\/65\/2023\/06\/sm_1685716657.954225.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Angola\",\"Angola\"],\"articleSection\":[\"all news\",\"economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/angola\/all-news\/fgc-disburses-kz-314-billion-kwanzas#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/angola\/all-news\/fgc-disburses-kz-314-billion-kwanzas\",\"url\":\"https:\/\/www.africa-press.net\/angola\/all-news\/fgc-disburses-kz-314-billion-kwanzas\",\"name\":\"FGC disburses Kz 314 billion kwanzas - 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