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Sunday, 3 January 2021

PRODESI EXPORTS YIELD USD 37 MILLION

 The total value of exports of products listed by the Program of Support to Local Production, Exports Diversification and Imports Replacement (Prodesi), carried out until last December 21, reached $ 37 million.

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Thirty-seven million dollars (AKZ 24 billion) is the total value resulting from exports of the products listed by Prodesi. Of the most exported products ten stand out, of which clinker, beer and sugar lead the top three, making up a third of the total value of exports (USD 37 million).

In addition to those goods, the "Top 10" are disposable diapers, soft drinks, Portland cement, Banana, glass packaging, wheat flour, napkins, toilet paper and kitchen paper rolls are included.

Regarding the main export destinations of Angola, the list is led by African countries. The Democratic Republic of the Congo (DRC) comes ahead of Congo Brazzaville and Cameroon, with a volume of purchases valued at 20.1 million dollars (AKZ 13.1 billion), 54% of the total value of exports.

São Tomé and Príncipe, Portugal, Brazil, Namibia, Spain, China and South Africa are others that are part of a list of 10 countries that imported most of Prodesi's t goods in 2020.

In the year that just ended, Prodesi - which was created in 2018 - financed 661 projects (55.1%) valued at 727 billion kwanzas ($ 1.1billion Equivalent), out of a total of 1,199. Of the total projects submitted to banking institutions 191 are in negotiations, allowing the creation of 5,4241 jobs and the registration of 4000 products.

With Prodesi, according to the Ministry of Economy and Planning - the department that runs the program - imports have reduced and there was an increase in products such as potatoes, corn, cereals, roots and tubers, vegetables, eggs, among other.

Prodesi is an Angolan Executive program that aims to accelerate the diversification of national production and generate wealth.


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