IAPMEI launches partnership to boost cooperation between Angola and Portugal

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IAPMEI, INAPEM and the Polytechnic Institute of Setúbal (IPS) want to train economic agents in Angola in order to encourage and expand the access of micro, small and medium-sized companies to financial services. The project starts in March and is financed by the European Union.

Currently, the private sector and micro, small and medium enterprises in Angola are facing important challenges, namely: bureaucratic barriers to the creation of a business, limited access to finance and credit, insufficient infrastructure, low level of qualification of human resources and difficulties in accessing foreign currency.

The objective of this project is to boost entrepreneurship in Angola, expanding the access of micro-enterprises and SMEs to finance through the training and capacity building of all involved actors, commercial banks, the judiciary, among others, and through the establishment of a public dialogue. structured private.

IAPMEI and the Polytechnic Institute of Setúbal will dynamize a set of activities, such as training and awareness actions, development of management support instruments, thematic events aimed at the public and private sector, awareness campaigns to increase financial literacy, among others. For the president of IAPMEI, Francisco Sá, this project constitutes a “valuable opportunity to share experiences and work methodologies, contributing to institutional enrichment through the reinforcement of cooperation between everyone involved”.

The president of the Polytechnic of Setúbal, Pedro Dominguinhos, says that IPS "is strongly committed to this project" for which "it hopes to contribute to strengthening the skills of Angolan staff and to boosting the entrepreneurial culture and the creation of companies in Angola" .

For the assistant secretary of state and for the economy, João Neves, the ENVOLVER Project, signed between the Government of Angola and the European Union, “will bring significant progress both in terms of capacity building and institutional cooperation, as well as in terms of access to micro, small and medium-sized companies to new, more diversified, innovative and inclusive financial services.”

For the ambassador of the European Union in Angola, Jeannette Seppen, this project “is part of the joint effort of the European Union and the Angolan Government to generate jobs and added value for the country, which needs to mobilize all instruments, from human capital to the sources of financing to boost the business environment in Angola”.

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