Zambia - Aquaculture Enterprise Development Project


Project Summary

Approval Date 18 Nov 2016
Signature Date 17 Feb 2017
Planned Completion Date 31 Dec 2022
Sovereign / Non-Sovereign Sovereign
Sector Agriculture and Rural Development
DAC Sector Code 31320
Commitment U.A 32,910,769.57
Status Implementation

Project General Description

The Aquaculture Enterprise Development Project is aimed at stimulating a viable aquaculture sub-sector in Zambia in order to promote economic diversification, food security and sustainable employment generation, all of which are central priorities of the Government of Zambia. It will nurture a domestic aquaculture subsector which serves as viable and inclusive business opportunity, through enhanced production and productivity to improve the livelihoods of men and women beneficiaries, along the aquaculture value chain. The project, which will be executed in the identified Aquaculture High Potential Zones across the country, these being Siavonga, Chipepo, Bangwelu, Kasempa, Rufunsa and Mungwi.

Project Objectives

The project objectives would be achieved through: a) support and promotion of reliable access to quality input and output markets; b) competitively-priced risk sharing access to finance and c) creation of an enabling infrastructure environment, which in turn is expected to facilitate the entry of new actors and expansion of business opportunities by the existing players in the industry.

Beneficiaries

5 functional Out-grower Clusters; 200 Young Aqua-preneurs completed incubation sessions; 98 million fingerlings produced; 1 Fish standards testing laboratory established , 200 km feeder roads constructed in the 5 aqua-parks.

Participating Organization

Funding
African Development Bank
Implementing
Ministère de la Pêche et de l'Élevage

Information

IATI identifier 46002-P-ZM-AAF-002
Last Update 27 Sep 2020

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Contact Details

Name EZEDINMA Chukwuma Ikechukwu
Email c.ezedinma@afdb.org

Geographic Location

Country Zambia