Luanda – The World Bank (WB) will grant to Angola a credit of USD 30 million aimed at supporting the farmers in the provinces of Bié, Huambo and Malanje.

This financing accord was signed last Thursday in Luanda between the World Bank and the Ministry of Planning.

 
The funding, to be implemented in a medium term, will benefit at least 120.000 families and it is aimed at supporting mainly small rural farmers to boost the agricultural activity, increase the family’s income and reduce poverty rate in the communities.

 
According to the official of the World Bank, the credit comprises technical assistance to the peasants, the implementation of  programmes for rural extension and it will enable the improvement of the farming techniques of the farmers.