The Commercial Agriculture Development Programme (CADP) reaches 267 business plans prepared
31 March, 2023
The Programme for the Development of Commercial Agriculture in Angola (CADP) has reached in March 2023 the figure of 1.226 applications from farmers to participate in the programme and receive technical assistance in the preparation of business plans for their farm, 267 business plans prepared, 114 of them prepared by Incatema, 78 investment projects approved and 44 credits granted.
The programme aims to change the Angolan agricultural sector from a non-professionalised, unprofessionalised and unproductive family farming to a commercial agriculture with quality products, professionalised jobs, access to credit and access to markets.
The main objective of the programme is to improve productivity and increase agricultural production, while also facilitating access to bank credit and markets for beneficiary smallholders’ and agricultural SME farms. Specifically, the PDAC works with smallholders’ and agricultural SME farms in selected value chains (maize, beans, soya, coffee, cassava, sweet potato, potato, eggs and poultry).
Training on 'Rural Invest' tool to improve the quality of business plans
This March, specialists from the Project Implementation Unit and the technical assistance team have been trained on the 'Rural Invest' tool by Luc Dubreuil, a World Bank specialist.
Its main purpose is the formulation of Business Plans, focusing on marketing, transport, agricultural mechanisation, conservation and processing. Applying this methodology will improve the evaluation results of Business Plans submitted for funding.
It should be noted that the Food and Agriculture Organization of the United Nations - FAO encourages the adoption of Rural Invest tool, as it facilitates supporting the development of sustainable rural investments.
PDAC is a programme funded by the World Bank and the French Development Agency (AFD), with technical support from the FAO. It is institutionally framed within the Angolan Ministry of Agriculture and developed in two major corridors comprising the following provinces: (A) Luanda-Bengo-Cuanza Norte-Malanje and, (B) Luanda-Bengo-Cuanza Sul-Huambo-Bié-North Huíla.
The programme started in 2017 and will run until 2024.