40 million euros injection for Angola

This is part of the existing cooperation between the two countries, a Spanish official has announced.

The acting coordinator of Spanish cooperation to Angola, Alberto Quintana, told journalists that 30 million euros would be funded by the Spanish Agency for International Cooperation and the balance of 10 million euros would come from local institutions, non-governmental organisations and autonomous communities.

In the area of health, there are development actions underway to boost the public health system, fight against HIV/Aids, personnel training, aid to the ministry and to the state-run Agostinho Neto University.

Commenting on the education sector, the Quintana said projects were in progress in Malanje and Huambo provinces, and aid to educative reform, construction of schools, personnel training and the construction of a graphics shop, estimated at one million euros.Quintana also said that Spain has been assisting Malanje authorities with the creation of a water supply firm and development of agriculture and artisan fishing in central Benguela province, through a Spanish non-governmental organisation and the Institute of Artisan Fishing.

He said that this kind of cooperation would continue, with projects having different terms, as some are underway.

Under the general accord of cooperation signed in May 1987 and the complementary one in November of the same year, delegations of both countries met in Madrid, in September 2005, for the sixth session of the bilateral commission on technical, scientific and cultural cooperation. At the meeting, both agreed to the implementation of an interchange programme for the 2005/2008 period.

In another development, Norway has given Angola US$3,2 million to help fight HIV/Aids.

The Norwegian government said the money was to support the Angolan State’s programme of prevention and fighting HIV/Aids, in order to reduce the epidemics in the communities.

According to a note from the United Nations Children’s Fund (Unicef), the amount will be used to provide technical support to the Angolan government, in the development of proceedings and guidelines, campaigns in education institutions, training of association members concerning HIV/Aids, youth magazines and radio programmes.

The note cites that the financing to be channelled through Unicef in Angola during three years would serve also to get medicine and medical kits, as stated on an agreement signed last week between the Norwegian ambassador, Arild Oyen, and Unicef representative, Angela Kearney.

Meanwhile, Angola’s prime minister’s assistant minister, Aguinaldo Jaime, said in Hannover, Germany, that the country was working to issue foreign investors with the papers enabling them to start a business in the country in the near future.

Addressing the economic forum going on in Germany under the theme “Angola, a country of future”, Aguinaldo Jaime told the audience the Angolan government was working out a plan to remove bureaucracy in the establishment of new businesses in the country.

He said the government has set up two important structures, the Private Investment Agency (ANIP) and the Unique Business Office (GUE), from where prospective investors can obtain licences for the exercise of entrepreneurial activity.

According to him, the two institutions are intended to save the investors from having to move around seeking for the licences or green light for their investments.

Aguinaldo Jaime said the Justice ministry was carrying out a process of reformulation to enable haste processes of establishment of businesses.

He stated that the purpose was to enable the investor to reach the office and get his business started and the papers concerned issued on the same day.

The prime minister’s assistant minister said that as a result of the political and economic options adopted by the government since the 1980’s, the state has been walking out of some sectors of the economy, progressively giving in to local and foreign private initiatives.

Thanks to this government policy, he explained, private investment was now allowed in sectors in the past reserved for the state.

Aguinaldo Jaime further stated that much of the privatisation done in the past did not yield the results expected, due to the absence then, of financial instruments that would enable businesses to implement the economic relaunch plans after the undertakings were privatised.

He said with the setting up of the Market of Capitals, the strengthening of the financial system, substantiated in the creation of more banks and non-banking financial institutions, like risk capital businesses, investment funds and others, all was in place for the process of privatisation of state property to gain a momentum, enabling locals and foreigners to steadily participate in the running of the firms.

July 2006
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