Angola: Angola receives IFAD financing to strengthen artisanal fisheries and aquaculture

Angola and the United Nations International Fund for Agricultural Development (IFAD) have signed an agreement to finance the Artisanal Fisheries and Aquaculture Project (AFAP) in Bengo, Cuanza Norte, Luanda and Malange provinces in the central-north region of Angola. The US$11.1 million IFAD loan and US$1 million contribution from the government of Angola will help reduce poverty in artisanal inland fishing and small-scale fish-farming households. AFAP will help to improve food security and nutrition, promote inclusive and sustainable development, and support management of both inland fisheries and small-scale aquaculture. It will also increase the quantity and quality of fish produced and sold on a sustainable basis and improve market-related infrastructure, such as construction of kilns for smoking fish, drying racks and storage facilities.