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Luvo Market reopens to public

     Economy              
  • Luanda • Monday, 08 August de 2022 | 11h51

Mbanza Kongo – Commercial activity in the Luvo border market, located 60 kilometers north of the city of Mbanza Kongo, Province of Zaire, resumed activities last weekend, with a timid presence of traders.

Interrupted more than two years ago due to Covid-19, trade in this
open-air market was resumed, following the reopening of the common border between the two neighbouring countries (Angola and DRC), which took place on July 5th of this year.

ANGOP noted, on the spot, the movement of vendors, many of
whom involved in the trading of land plots.


Luvo's communal administrator, Manuel Nilton, said that only 300 lots land plots are available, which he considered insufficient to meet demand.

 

He explained that the allocation of plots of land requires the payment of some monetary value, and a space of three meters squared is being officialy acquired at a price of 8,000 kwanzas, while that of 4/6 is at 12,000 kwanzas.


 “The tariff varies according to the extension of the space
requested”, he justified. This business, according to the administrator,

Also involves citizens of the Democratic Congo, as it is a market made to serve both sides of the border.

Some vendors, who spoke to ANGOP, defended the clearing of more space reserved for the market, in order to absorb the largest number of trades who wish to erect their stalls. They also asked for the creation of technical conditions for the regular collection and treatment of solid waste, as well as the supply of water.

 

Trade takes place on Fridays and Saturdays alternately on both sides of the common border between Angola and the Democratic Republic of Congo (DRC).

 





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