The Angolan Finance Ministry announced that the Brazilian National Bank for Economic and Social Development (BNDES) will grant a $2 billion line of credit pursuant to a memorandum of understanding signed by Angolan Finance Minister Archer Mangueira and Brazilian Foreign Minister Aloysio Nunes, Macauhub reported Feb. 12. The funds will be used for development projects in Angola . BNDES has funded other social and economic projects in Angola that include highway, dam and municipal water supply system construction.