africa Angola Banking Finance

Angola Foment Bank approves credit line of USD100M for local businesspeople

Angola’s Banco de Fomento (BFA) has approved a USD 100 million export credit line for local businesspeople.

This was said to Angop on Friday in Benguela province by BFA Executive Director for Economic Issues, Manuela Moreira, following a Workshop on the challenges of the exporting businesspeople in an initiative of the BFA, on the fringes of the eighth edition of Benguela International Fair (FIB), which took place on May 16-20.

According to her, the recently export credit line is aimed at helping the Angolan exports or those clients that have or will create conditions with time, to export to other countries products locally produced.

Source: Angop

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