|Approval Date||15 Jul 2022|
|Signature Date||09 Sep 2022|
|Planned Completion Date||31 Dec 2024|
|Last Disbursement Planned Date||31 Dec 2023|
|Sovereign / Non-Sovereign||Sovereign|
|Sector||Agriculture and Rural Development|
|DAC Sector Code||31110|
The proposed operation is for an additional funding from the Transition State Facility Pillar I at the African Development Bank not exceeding a grant of UA 4.00 million, to finance the activities of Post Cyclone Idai and Kenneth Emergency Recovery and Resilience Programme (PCIREP) in Mozambique under Agriculture Emergence Food Production Facility (AEFPF) to respond to the food crisis due to the war in Ukraine and mitigate risks. The additional financial resources will be used to provide certified seeds of climate-adapted varieties, fertilizers, and quality extension services under Component 1 (Enhanced Agricultural Productivity and Resilience) of the project by facilitating modern inputs to farmers and farmer groups and Component 3 (Institutional Strengthening and Program Management) support policy reforms including strengthening national institutions with laboratory equipment overseeing input markets and agro-dealers associations and support policy and regulations design. The additional financing will generate economic and financial benefits for the country since it will help to reduce the food prices for maize, soyabeans and sesame. The Bank is also expecting complementary financing from USAID in the amount ofof US$ 5 million and 2 million from NORAD.
The main goal of the project is to contribute to Government of Mozambique’s central objective of recovery of the damaged infrastructure, improve living standards and increased agriculture production of the IDAI and Keneth cyclone affected areas. This will facilitate the productive capacity of both small and medium scale farmers to produce major crops, ensure the resilience of the power and road network for economic recovery.
The main expected outcomes are: (i) Enhanced agricultural productivity and resilience and (ii) Strengthened institutional capacity. The project is being implemented in Inhambane, Sofala, Manica, Tete, Zambezia, Nampula, Cabo Delgado and Niassa provinces.
MINISTRY OF FINANCE FSTAP - FINANCIAL SECTOR TECHNICAL ASSISTANCE PROJECT
Transition Support Facility
|Last Update||22 Mar 2023|
|Name||Cesar Augusto TIQUE|