Presidential Decree No. 194/26 approving the new Statute of the Fund to Support the Development of the Fishing and Aquaculture Industries (FADEPA).

This Presidential Decree approves the new Statute of the Fisheries and Aquaculture Industry Development Support Fund (FADEPA), restructuring it as a personalised public fund with legal personality and administrative, financial and patrimonial autonomy. The principal objective of the Decree is to strengthen the institutional, operational and financial capacity of FADEPA so that it can more effectively support the sustainable development of Angola’s fisheries and aquaculture sectors. The Fund is intended to contribute to food and nutrition security, economic diversification, job creation and income generation by financing productive investments, supporting fisheries and aquaculture value chains, and promoting the modernisation and competitiveness of the sector.
The Statute further establishes a comprehensive framework for the provision of credit, financial assistance and technical support to fisheries and aquaculture operators, including cooperatives, community-based enterprises and producer associations. It authorises FADEPA to finance productive infrastructure, equipment, aquaculture facilities, cold-storage systems and other sector-related investments, while also promoting technical training, institutional capacity-building, business formalisation and sustainable local economic development in coastal and inland communities. The law strengthens governance, accountability, auditing and financial sustainability mechanisms, and requires regular monitoring and evaluation of the Fund’s impact on fisheries development, aquaculture growth, food security and the blue economy.