Audio By Carbonatix
Chad is repaying Angola a debt of $100m (£82m) with cattle, Angola's state-run newspaper has reported.
The unusual agreement is seen as creating a win-win situation for both nations - Chad is short of cash while Angola needs cattle.
More than 1,000 cows arrived by ship in Angola's capital, Luanda, as the first payment, Jornal de Angola reported.
In total, Angola would receive 75,000 cattle over 10 years, meaning it has accepted payment of $1,333 per animal.
Chad would send a further 3,500 head of cattle later this month, the report added.
Chad had proposed repaying the 2017 debt with cattle, and Angola had agreed because it would help the southern African state rebuild its cattle population in drought-affected areas, the state-run daily paper said.
Angola is often hit by drought, causing animals to die of hunger and thirst and leaving many villagers destitute.
Although oil rich, the country is still striving to recover from the legacy of a 27-year civil war that ravaged the country after independence.
Chad is described by the the World Health Organisation of Animal Health (OIE) as a "livestock farming country par excellence", with about 94 million head of cattle.
Livestock accounts for 30% of Chad's exports, and is its main source of foreign exchange after oil.
In a report last October, the World Bank said Chad's economy "remains fragile and vulnerable to considerable risk, such as oil price volatility and regional insecurity" caused by militant Islamist groups operating in the region.
Latest Stories
-
Accra School of Real Estate appoints Belle Yemofio to faculty for industry-focused training programme
3 minutes -
Sylvester Tetteh pledges to rebuild and reposition NPP for victory in 2028
9 minutes -
No Sex, No Job: Confronting Ghana’s silent abuse of power
33 minutes -
McDan Youth Connect ignites entrepreneurship drive to tackle youth unemployment in Ghana
40 minutes -
Chinese company Huayou agrees to fund Ewoyaa mine development amid Atlantic Lithium takeover talks
2 hours -
61 out of 185 SOEs met April 30 deadline for submitting 2025 financial statements
2 hours -
Heath Goldfields to invest $20m into five-year community development plan
2 hours -
3i Africa Summit connects fintechs to investors, customers
2 hours -
GMA offers legal and mental health support to staff linked to Charles Amissah case
3 hours -
Okaikwei Central NPP executive allegedly assaulted after election meeting
3 hours -
34-year-old man arrested for alleged sexual abuse of teenage boys at Kronum
3 hours -
Improve patient communication to rebuild public trust – GMA President to health professionals
3 hours -
Roads Ministry to sponsor training for heavy equipment operators
3 hours -
Okaikwei North Assembly deploys 24-Hour taskforce to sustain Lapaz decongestion
3 hours -
GMA president questions use of ‘medical negligence’ in Charles Amissah probe report
3 hours