Yesterday, the U.S. Agency for International Development (USAID) signed a memorandum of understanding with the Chevron Corporation and the Cooperative League of the United States of America (CLUSA) yesterday to assist Angola in diversifying its economy by revitalizing small and medium scale commercial farming, and promoting agricultural development that is environmentally friendly, socially just and economically sustainable.
The partnership between USAID, Chevron and CLUSA represents a new approach to development assistance on the part of the Obama Administration. While the United States will continue to provide emergency food aid to address immediate crises, we are focused on helping countries build mechanisms that sustain progress in agriculture over the long term.
After the signing ceremony in Luanda, Secretary Clinton said: "With the signing of this Memorandum of Understanding, we are making a down payment on the future, the revitalization of small and medium holder farming in Angola. This $6 million investment will help raise the income of Angolans, turn back hunger, and drive sustainable development. It will bolster Angola’s efforts to rebuild a once vital agricultural sector destroyed by war, which again can be a source of broad-based prosperity."
The Secretary continued, "Helping small farmers in Africa is not only about giving those farmers a better life by increasing...local production of food and jobs and therefore economic development in the countries of Africa like Angola. It also helps the rest of the world, because most of the arable land left in the world is on the African continent. Countries in Africa that are now importing food can become exporters. Countries that cannot now feed themselves will once again be able to do so."