AfDB & Italian Technical Cooperation Fund Extend 1.8 Mn Grant To Boost Agriculture In Mozambique

The African Development Bank (AfDB) has provided a EUR 990,000 (USD 1.18 Mn) grant to help smaller agro-processing firms in Mozambique enhance output and quality control, thanks to funding from the Italian Technical Cooperation Fund. The project will help businesses better access national and regional markets and take advantage of the African Continental Free Trade Area opportunities. The Confederation of Business Associations of Mozambique is the implementing agency.

The project contributes significantly to Mozambique’s Country Strategy Paper (2018-2022), which focuses on two key pillars: infrastructural investments that enable inclusive growth and employment creation and agricultural transformation and value chain development.