IFAD supports agriculture and fisheries in Mozambique

17 December 2014

The International Fund for Agricultural Development (IFAD) contributed over US$46 million in 2014 to support agriculture and fisheries in Mozambique, said Custodio Mucavele, the IFAD representative in Mozambique.

Mucavele also said, according to the Mozambican press, that the funding, to support agricultural production, organisation of rural markets, food and nutrition security and artisanal fishing, is part of a financing package of US$213 million to be disbursed by 2020.

The government of Mozambique and IFAD met in Maputo to assess the degree of compliance with current projects and consider whether its implementation on the ground was in line with the objectives of the strategy document.

In total there are seven ongoing projects with funds from IFAD focusing on support for agricultural production, which provides for payment of US$26 million over a period of seven years between 2011 and 2018.

The market connections project began in 2009 and ends in 2018 in the northern provinces of the country and Zambezia and is budgeted at about US$50 million.

In the fishing sector the promotion of small-scale fishing, which covers the entire coastal area from Palma, in Cabo Delgado province, to Ponta do Ouro, Maputo province, includes payment of US$60 million by 2017. (macauhub/MZ)