Project

Artisanal Fisheries and Aquaculture Project (AFAPII)

Sector

Rural development

Financing chart
Financing Gap (USD)
25,920,000
Target group
31,000
rural households
Project target area

Uige, Bie, Bengo, Kwanza Norte and Malanje

 
Summary
Artisanal Fisheries and Aquaculture Project (AFAPII) goal is to ‘contribute to improved household income, food and nutrition security through sustainable and climate resilient fisheries and aquaculture’. AFAP has successfully demonstrated that small-scale inland fisheries can significantly contribute to better rural livelihoods through increased incomes and improved food and nutrition security. Based on AFAP’s experience, Government of Angola (GoA) has expressed the desire to make the inland fisheries sub-sector an avenue through which rural livelihoods can be sustainably improved.
Components and Objectives
AFAPII has three main components:
Component 1: Sustainable Inland Fisheries and Small-Scale Aquaculture Production Systems. It focuses
on expanding AFAP’s successful interventions in climate-resilient fisheries and aquaculture production strategies.
Component 2: Business Enterprise, Market Linkages and Climate-Resilient Infrastructure Development. It focuses on both for fisheries and aquaculture. It aims to support component 1 with the necessary infrastructure, market linkages and entrepreneurial capacities to deliver quality fisheries and aquaculture products from source to the consumer.
Component 3: Institutional Strengthening, Policy Support and Project Management. It focuses on i) provision of targeted capacity building to institutions responsible for overseeing and supporting AFAP-2 activity implementation and ii) providing overall AFAP-2 coordination, planning and implementation, financial management and control, procurement, Monitoring and Evaluation, knowledge management, and progress reporting.
Financing

Total project cost

90,000,000

IFAD financing
 

51.9 %
46,700,000
46,700,000
IFAD

International cofinancing

11.1 %
10,000,000
10,000,000
European Union

National cofinancing

8.2 %
7,380,000
380,000
Beneficiaries
7,000,000
National Government

Financing
gap

28.8 %
25,920,000

Approval date

Expected to be approved in 2024

Expected duration

2024 –
2032

Lending terms

Ordinary

Income level

Lower-middle Income

Replenishment cycle

IFAD 12

Implementing agency

The Ministry of Fisheries and Marine Resources (MINPESMAR)

Contact information

Country Director: 
Custodio 
Mucavele 
Email: c.mucavel@ifad.org