Mozambique: African Development Fund approves additional $5.6 million grant to strengthen food security and resilience | African development bank

0

The African Development Fund Board has approved a $5.6 million grant in additional funding for the Idai and Kenneth Emergency Post-Cyclone Recovery and Resilience Program in Mozambique.

This additional financing under the Bank’s African Emergency Food Production Facility aims to strengthen the resilience of Mozambique’s food systems in response to the current global food crisis, aggravated by the war in Ukraine. The funds will come from the African Development Fund, the concessional window of the African Development Bank Group.

Like many other African countries, Mozambique depends on Ukraine and Russia for main grain and grain supplies and the country has been affected by the global rise in food prices caused by the war in Ukraine and the persistent Covid-19 pandemic.

The $5.6 million grant will help provide certified climate-smart seeds, fertilizers and extension services, facilitate modern inputs for farmers, and support policy reforms, including strengthening national institutions with laboratory equipment, supervision of input markets and agro-dealer associations.

The additional financing targets the production of corn, soybeans and sesame. The Bank is also expecting additional funding of $5 million from the US Agency for International Development and $2 million from the Nordic Development Fund.

The project aligns with the National Agriculture Development Program, which aims to contribute to food security, incomes and profitability of the agricultural value chain and to foster a competitive and sustainable increase in production focused on the market. It is also part of the Bank’s Feed Africa initiative, its Country Strategy Paper 2018-2022 for Mozambique and the Jobs for Youth in Africa Strategy 2016-2025.

In mid-2019, the Bank Group approved a $47 million post-cyclone recovery program to help Mozambique restore livelihoods, rebuild socio-economic infrastructure, and boost agricultural production in following a series of devastating cyclones that killed dozens and displaced thousands in southern Africa. . Malawi and Zimbabwe have also been hard hit.

Share.

Comments are closed.