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Home Climate

EU to support 10k Mozambican farmers

Club of Mozambique by Club of Mozambique
November 6, 2022
in Africa, Agriculture, Climate, Finance, Mozambique
Reading Time: 2 mins read
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The European Union (EU) will support an additional 10,000 Mozambican farmers to produce cereals to help the country tackle the global food crisis aggravated by the war in Ukraine.

The measure will result from an additional €15 million allocated to t the PRomove AgriBiz program , via an agreement signed in Maputo on Thursday.

Also read: IFAD to help mitigate impact of crises on small-scale producers in Mozambique

“These funds will allow us, from this agricultural season forward, to extend our current support to a greater number of farmers, helping them to produce more, in a more sustainable way, so that they can face future crises and, especially this year, mitigate the impact of the dramatic increase in production costs,” said Antonino Maggiore, EU ambassador to Mozambique.

Promove AgriBiz already supports 22,000 farmers and the reinforcement announced yesterday represents an increase of 45%.

Ambassador Maggiore was speaking at the signing ceremony of the support in partnership with the Food and Agriculture Organization of the United Nations (FAO) and the Cereals Institute of Mozambique (ICM).

“The new funds allocated will help to create the strategic food reserve, in accordance with the ICM’s mandate. The objective is to support the production of 16,000 tonnes of maize and 4,000 tonnes of beans,” the EU said in a statement.

The aid is part of the €23 million announced for Mozambique in September, as part of the European Development Fund’s €600 million global package for food and production aid in the most vulnerable countries in Africa, the Caribbean and the Pacific.

Also read: IMF praises Mozambique efforts for economic recovery

In Mozambique, the EU foresees that the disruptions in the production and trade of cereals and fertilisers may lead to shortages and a likely rise in prices with a negative impact on food security for the poorest groups of the population.

Subsistence agriculture is the main source of food for the majority of the Mozambican population, which is currently estimated at around 31.6 million people, of whom around half are under the age of 18.

Related

Source: Club of Mozambique
Tags: agricultureAntonino MaggioreCereals Institute of Mozambique (ICM)climateEUEU to support 10k Mozambican farmersEuropean UnionFAOFinanceFoodFood and Agriculture Organization of the United Nationsglobal food crisisMozambican farmersMozambiqueproduce cerealsPRomove AgriBiz programthe European Development Fundмозамбикموزمبيقモザンビーク莫桑比克
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Club of Mozambique

Club of Mozambique

'Club of Mozambique is an online gateway to Mozambique, offering up-to-date information and news relating to business, politics and other economic activities in Mozambique.

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