|Approval Date||02 Oct 2019|
|Signature Date||25 Nov 2019|
|Planned Completion Date||30 Jun 2025|
|Sovereign / Non-Sovereign||Sovereign|
|Sector||Agriculture and Rural Development|
|DAC Sector Code||31320|
The Sustainable Fisheries, Aquaculture Development and Watershed Development Project is justified by the priorities in the Malawi Growth and Development Strategies III (MGDS III: 2017-2022) which emphasises on agriculture and food security. The project is also in line with the National Agriculture Policy (2016) and the National Fisheries and Aquaculture Policy (2016), National Agriculture Investment Plan (2018). The project consists of 4 components which include :(i) Sustainable Capture Fisheries and Watershed Management; (ii) Aquaculture Development; (iii) Fish Value Chain Strengthening and (iv) Project Management, Coordination, Monitoring and Evaluation. Its implementation time frame is 60 months effective January 2020 with a total estimated cost is UA 10.56 million. The project will promote diversification from capture fisheries to aquaculture ventures, and hence increased production and incomes. It will contribute towards increased livelihoods and employment opportunities; reduction of local fish prices, increase export of commercial fish species, and increase fish production to meet food and nutritional security.
The purpose of the project is to contribute towards poverty reduction through improved fish commodity value addition and increased consumption, strengthened nutritional security, and build climate resilience in Malawi. The outcomes will include improved fisheries and aquaculture productivity, reduction of post-harvest losses and facilitating market oriented intensification along fisheries value chain and strengthened fisheries and watershed management.
The project estimated number of direct beneficiaries is 20,000 fishers, fish farmers, students, and value chain entrepreneurs of which 50% will be women in the targeted regions. Indirect beneficiaries are estimated at 250,000 of which the 40:60 Gender Policy ratio of either sex is considered indicating greater involvement of women where necessary. Benefits include (i) sustained income from fisheries (ii) increased recovery of stocks through multispecies and watershed management (iii) employment opportunities through processing and value addition activities, and (iv) and increased local access to fish protein consumption.
African Development Fund
Government Of Malawi
MINISTRY OF AGRICULTURE & FOOD SECURITY
|Last Update||06 Jul 2020|
|Name||KHAN Ahmed Sheik|