Angola: Bodiva Launches Social Grant Project

The project arises within the scope of BODIVA's social responsibility, which has, among its main objectives, the initiative to fight poverty through financing and creating business opportunities and the facilitation of accelerated growth of economic activity in rural communities.

According to the president of the Executive Committee of BODIVA, Walter Pacheco, who presented the project, this is an innovative initiative in the country, as it introduces the figure of social investor into the agenda of the Angolan Capital Market. He highlighted that the project emerged from an innovative perspective, based on the idea of investments in economic projects whose return is measured by the impact on the quality of life of communities."

Walter Pacheco revealed that the implementation of the pilot project, in Dombe Grande, will be developed in partnership with a local Association for Agribusiness and Entrepreneurship.

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