Project

Artisanal Fisheries Resilience Development Project (PROPEIXE)

Sector

Agricultural development

Financing chart
Financing Gap (USD)
11,068,000
Target group
30,000
Households
Project target area

Maputo, Gaza, Inhambane, Sofala, Zambézia, Nampula and Cabo Delgado

 
Summary
Artisanal Fisheries Resilience Development Project (PROPEIXE) aims to improve the resilience and incomes and livelihoods, food security and nutrition of poor households involved in artisanal fisheries. Its development objective is expected to increase the returns from fish sales for artisanal fishers and small market operators on a sustainable basis.
Components and Objectives
PROPEIXE has three main components:
Component 1: Resilient and sustainable fisheries and coastal livelihoods. It aims to support sustainable community management and alternative income sources to establish sustainably managed and climate-resilient fisheries. It will also outline priority areas for rehabilitation and protection of coastal ecosystem and biodiversity.
Component 2: Integrated fisheries Value Chain(VC) development and climate resilient infrastructure. It aims to focus on developing a sustainable fisheries VC, built on the concept of climate resilience and environmental sustainability, provision of services and linkages. It will upgrade the climate resilient last-mile road infrastructure linking the main landing zones to market corridors, which incorporates technology, automation, renewable energy, efficiency and economic viability.
Component 3: Institutional strengthening, project management and policy. It aims to provide targeted capacity building of the institutions responsible for overseeing and supporting PROPEIXE activity implementation, supporting additional extension officers, equipment and transport means for the Delegations.
Financing

Total project cost

63,380,420

IFAD financing
 

46.2 %
29,300,000
29,300,000
IFAD

International cofinancing

18.8 %
11,932,420
3,000,000
The Norwegian Agency for Development Cooperation
8,932,420
GEF: Least Developed Countries Fund

National cofinancing

17.5 %
11,080,000
2,200,000
Beneficiaries
5,477,000
Local Private Sector
3,403,000
National Government

Financing
gap

17.5 %
11,068,000

Approval date

Expected to be approved in 2023

Expected duration

2023 –
2027

Lending terms

Debt Sustainability Framework

Income level

Low Income

Replenishment cycle

IFAD 12

Implementing agency

Ministry of Sea, Inland Waters and Fisheries (MIMAIP)

Contact information

Country Director: 
Jaana 
Keitaanranta 
Email: j.keitaanranta@ifad.org