Originally posted by the Voice of America.
Voice of America content is produced by the Voice of America,
a United States federal government-sponsored entity, and is in
the public domain.


Chad to Repay $100M Debt to Angola With Cattle

Zlatica Hoke

   WASHINGTON - Angola has agreed to receive 75,000 cattlefromChad as
   payment ofa$100 million debt from the cash-poornorth central African
   country.

   The cattle will be delivered over the next 10 years as repayment for
   the 2017 debt.

   Local news report saidthefirst installment of 1,000 cowshas
   alreadyarrived in Angola's capital Luandaandhas beendelivered tothe
   Ministry of Agriculture.

   Another shipmentof 3,500heads of cattle is expected later this month.

   Reports say the agreement works for both sides because Chad is short of
   money and Angola needs cattle.

   Angolaisa southern Africancountryrich in oil, butstill struggling to
   recover fromthe ravages of the protracted civil war following 1975
   independence from Portugal.Parts of Angola areprone to droughtsthat
   killitscattle.

   Chadis a landlocked north central African country withanabundance of
   livestock.While oil is its top exports, the formerFrench colony also
   exportscattle.

.