Mozambique conference calls for revival of fishing communities

  

African Development Bank Group (AfDB)


African leaders and policymakers have called for strategies to harness the potential of the blue economy to achieve sustainable development. The call came at a high-level conference hosted by the Government of Mozambique on 18 and 19 November in the City of Vilanculos. The theme was Investing in Ocean Health is Securing the Planet’s Future.

Mozambique President Filipe Nyusi hosted the event, attended by Kenyan President Uhuru Kenyatta, Ministers from other countries and leading policymakers from Africa. African Development Bank Group President Dr. Akinwumi A. Adesina delivered a virtual message during the opening ceremony, highlighting the potential of blue economy initiatives. “The continent has maritime zones that stretch 13 million square kilometers, encompassing territorial seas and continental shelves that also stretch up to 6.5 million kilometers. And 38 African countries are coastal,” he said.

Adesina said there was an urgent need to revive the livelihoods of fishing communities. “This can be achieved by governments and the private sector prioritizing enabling policies, and providing access to modern fishing fleets, cold storage and processing facilities, and investing in infrastructure and climate advisory services to support climate-smart fishing practices.”

Leïla Mokaddem, the Director General for the Bank’s Southern Africa Region, represented President Adesina in person at the event. She said the Bank would continue to help Mozambique unlock its blue economy potential in the post-pandemic era by supporting regional approaches to coastal resilience and transboundary fisheries management in the Mozambique Channel and Indian Ocean region through the Southern African Development Community Secretariat.

Mozambique has the third-longest coastline in Africa, with enormous coastal resources that contribute significantly to the economy, including marine parks that provide social and economic benefits for about half the population.

Mokaddem, who led the African Development Bank delegation at the conference, said the Bank was also co-financing one of the largest private sector investments, worth over $5 billion, in regional infrastructure development, through the construction of a rail corridor and the deep water Nacala port to facilitate maritime trade and market access. 

The Bank team, which included Cesar Augusto Mba Abogo, Country Manager for Mozambique, reinforced the Bank’s commitment to building resilience against climate disasters in Mozambique, one of the 10 countries in the world most vulnerable to climate change. Within this scope, Mokaddem held bilateral meetings with the Minister of the Sea, Inland Waters and Fisheries, Augusta Maita, to discuss strategic cooperation to develop the blue economy.

Mozambique Minister of Economy and Finance, Adriano Maleiane, acknowledged the Bank’s role in Mozambique: “The African Development Bank is one of the principal strategic partners of Mozambique in the development of infrastructure projects and in the context of the development of blue economy initiatives.”

The Minister hosted a high-level dialogue with Mokaddem and Bank staff on development projects in northern Mozambique, the transformation of the agriculture sector, the revision process of the 20-year economic development strategy and macroeconomic stability issues. Mokaddem also met with businesswomen to discuss their challenges and opportunities, and how to generate an economic recovery from the Covid-19 pandemic.

Distributed by APO Group on behalf of African Development Bank Group (AfDB).

Media Contact:
Amba Mpoke-Bigg
Communication and External Relations Department
African Development Bank
email: a.mpoke-bigg@afdb.org

About the African Development Bank Group:
The African Development Bank Group is Africa’s premier development finance institution. It comprises three distinct entities: the African Development Bank (AfDB), the African Development Fund (ADF) and the Nigeria Trust Fund (NTF). On the ground in 41 African countries with an external office in Japan, the Bank contributes to the economic development and the social progress of its 54 regional member states. For more information: www.AfDB.org

Send us your press releases to pressrelease.zawya@refinitiv.com


© Press Release 2021

Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.

The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.

To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.


More From Press Releases