IFAD announced today support for a new project to reduce poverty and increase production and incomes for more than 88,000 rural small-scale fish farmers through aquaculture.

IFAD today announced support for a new programme to increase incomes, improve food and nutrition security and build the resilience of at least 902,500 rural Mozambican farmers, in one of the African countries most affected by climate change.

A new Rural Enterprise Finance Project (REFP), which will help more than 287,700 rural people engaged in agriculture, fisheries and small and medium-sized enterprises in 10 provinces improve their access to national and regional markets, was launched on 15 July in Maputo, the capital of Mozambique.

The President of IFAD, Gilbert F. Houngbo, will be in Maputo, Mozambique for the Growing Blue Conference where he will speak to the need for greater investment in sustainable development for rural people whose livelihoods depend on aquatic resources including small-scale fisheries, aquaculture and coastal environments.