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- Operations
- Angoche Fishing Port Project
Angoche Fishing Port Project
Mozambique
Borrower | Mozambique |
Financing Type | Public Sector |
Instrument | Project Loan |
Focus Area | Agriculture |
Approved | 19.09.2018 |
Signed | 05.03.2019 |
Status | Ongoing |
Loan Administrator | OPEC Fund |
Executing Agency | Ministry of Sea, Inland Waters, and Fisheries |
Co-financiers | BADEA, Government |
OPEC Fund Contribution (US$m) | 12.00 |
Total Project Cost (US$m) | 33.27 |
To build a new port that will result in higher incomes for around 18,000 artisanal fishermen and enhance food security and socioeconomic development in the town of Angoche, Nampula province.