Home Food Security Mozambique: AfDB boosts food security with $5 million

Mozambique: AfDB boosts food security with $5 million

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AfDB has raised $540million for Agro-industrial

The African Development Bank (AfDB) is contributing US$5.6 million to improve food security in response to how climate change is impacting agricultural yields in Mozambique. Through its concessional lending window, the African Development Fund (ADF), the AfDB is providing the cash. Mozambique will be able to increase agricultural output in its most vulnerable regions thanks to the assistance.

“It will give farmers access to certified seeds, fertilizer, and extension services that are climate change-adapted. By bolstering national institutions with laboratory equipment, it will also make it easier for farmers to acquire contemporary inputs and promote policy reforms, according to the AfDB. The Abidjan-based financial institution’s assistance to the Ivory Coast is a component of its “Feed Africa” program.

The Emergency Reconstruction and Resilience Project was started by the government of Mozambique in the wake of Cyclones Idai and Kenneth, which struck the East African nation in 2019. The AfDB is allocating its funding within the framework of this project. Numerous million people were impacted, there were 700 fatalities, and there was material and environmental harm. The National Institute for Disaster Management and Reduction in Mozambique reports that since 2019, the storms have already devastated 142,000 hectares of agricultural land, resulting in a loss of biodiversity.

Other development partners are helping Mozambique’s climate resilience in this situation. This is the situation with the Nordic Development Fund (NDF), which has announced $2 million in additional support to the AfDB’s budget. The money will be used to distribute maize, soybean, and sesame seeds in Mozambique in order to promote sustainable agriculture. The National Agriculture and Rural Development Programme is now being implemented in Mozambique thanks to a $5 million pledge from the United States Agency for International Development (USAID).

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