Angola: South Korea to Fund Upgrade of Angola’s Fishing Sector

Luanda — South Korea’s EximBank has made available a total of 1 billion US dollars credit line to fund the modernization of the fishing sector and the construction of an industrial fish processing and cold storage complex in Angola.

According to a statement that ANGOP had Access to, Angola and South Korea signed a financing agreement, based on a framework agreement, under the Economic Development Cooperation Fund until 2028.

The agreement signed on Monday in Luanda by the Angola Minister of…