Mozambique is to receive a $21.1 million loan from the United Nations International Fund for Agricultural Development (IFAD) to support its artisanal fishing industry. The purpose of the loan is to persuade fishing families to use new techniques and to diversify the areas where they fish, even going into deeper water. IFAD claims that the loan will benefit about 40,000 families directly and another 40,000 indirectly.

At the end of 2010 the Mozambique government launched a $40 million six-year programme to support fishing. The European Union has also allocated

SHARE
Wanted in Africa
Wanted in Africa
Wanted in Africa, part of the Wanted Worldwide network, is a website in English for expatriates in Africa established in 2006. We cover Europe's news stories that may be of interest to English speaking residents along with tourists as well. Our publication also offers classifieds, photos, information on events, museums, churches, galleries, exhibits, fashion, food, and local travel.
81340
Previous article Fishing gets new funds in Mozambique
Next article Fishing gets new funds in Mozambique

RELATED ARTICLES

A locust crisis in Africa amidst a global pandemic
Food and Agriculture

A locust crisis in Africa amidst a global pandemic

East Africa hit hard by the locust invasion
Food and Agriculture

East Africa hit hard by the locust invasion

Locusts ravage Somalia
Food and Agriculture

Locusts ravage Somalia

Heineken to build brewery in Maputo
Food and Agriculture

Heineken to build brewery in Maputo

Nairobi cracks down on illegal eateries
Food and Agriculture

Nairobi cracks down on illegal eateries

Public vegetable garden in Cape Town
Food and Agriculture

Public vegetable garden in Cape Town

Japan funds new fish market in Maputo
Food and Agriculture

Japan funds new fish market in Maputo

Cairo affected by locusts
Food and Agriculture

Cairo affected by locusts

Swine fever outbreak in Maputo
Food and Agriculture

Swine fever outbreak in Maputo

International coffee conference in Addis Ababa
Food and Agriculture

International coffee conference in Addis Ababa

Major foot-and-mouth outbreak in Egypt
Food and Agriculture

Major foot-and-mouth outbreak in Egypt

Cattle rustling decreases in Tanzania
Food and Agriculture

Cattle rustling decreases in Tanzania