Angola: Fada Credit Boosts Chicken Production in Huíla Province

Lubango — The Agricultural Development Support Fund (FADA) will finance 800 million kwanzas (USD 1 = 912Kz) to 38 poultry farmers in the province of Huíla who, starting in April of the current year, project placing up to 160,000 chickens on the market every 45 days.

Of the 80 members of the Huíla Poultry Farmers Cooperative, 38 were selected to receive the financing, of which 50% have already been granted packages ranging from 12 to 20 million kwanzas per producer.

This forecast corresponds to…