Sovereign Project

Malawi - Sustainable Fisheries, Aquaculture Development And Watershed Management Project

Malawi · {'name': 'Phalombe District', 'coordinates': '-15.66667 35.66667'}, {'name': 'Lilongwe', 'coordinates': '-13.9669 33.7872'}

Fishery development · Public investment / AfDB sovereign financing

Estimated cost10.6m XDR
Financing soughtAfDB sovereign financing approved
Project structurePublic investment / AfDB sovereign financing
Target date2025-12-31
Sponsor / contactMinistry of Agriculture and Food Security

AHAI1

Malawi

Description

The Sustainable Fisheries, Aquaculture Development and Watershed Development Project is justified by the priorities in the Malawi Growth and Development Strategies III (MGDS III: 2017-2022) which emphasises on agriculture and food security. The project is also in line with the National Agriculture Policy (2016) and the National Fisheries and Aquaculture Policy (2016), National Agriculture Investment Plan (2018). The project consists of 4 components which include :(i) Sustainable Capture Fisheries and Watershed Management; (ii) Aquaculture Development; (iii) Fish Value Chain Strengthening and (iv) Project Management, Coordination, Monitoring and Evaluation. Its implementation time frame is 60 months effective January 2020 with a total estimated cost is UA 10.56 million. The project will promote diversification from capture fisheries to aquaculture ventures, and hence increased production and incomes. It will contribute towards increased livelihoods and employment opportunities; reduction of local fish prices, increase export of commercial fish species, and increase fish production to meet food and nutritional security.

Status
Ongoing
Last update
28 Sep 2026
Source
African Development Bank Group · IATI
Actions
Request Access→Access additional project documents and information. Request Introduction→Request an introduction to the sponsor or relevant public authority. Country IntelligenceNot available on your current plan.