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The OPEC Fund
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Development
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  2. Artisanal Fisheries Promotion Project (PROPESCA)

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Artisanal Fisheries Promotion Project (PROPESCA)

Mozambique

Borrower Mozambique
Financing Type Public Sector
Instrument Project Loan
Focus Area Agriculture
Approved 16.06.2011
Signed 25.09.2011
Status Completed
Loan Administrator IFAD
Executing Agency Ministery of Fisheries
Co-financiers IFAD, GoM, Others
OPEC Fund Contribution (US$m) 13.53
Total Project Cost (US$m) 43.54

To improve incomes and livelihoods of poor households involved in artisanal fishing. Works will include:

  • improvement of market infrastructure; such as wholesale/retail municipal fish marketing facilities;
  • rehabilitation of access roads;
  • electrification works in areas not connected to the national grid;
  • provision of alternative power supplies to remote fishing centers;
  • development of value chains;
  • establishment of financial services;
  • institutional strengthening; and
  • provision of training and other support activities.
An estimated 45,000 people are expected to directly benefit from the project.

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