African Development Bank Group Approves $22.8 Million Grant to Boost Mozambique's Rice Production and Build Climate Resilience
The project is designed to quadruple rice yields, from a ton per hectare to four tons per hectare, and raise annual household incomes from about $590 to $1,000
The African Development Bank Group (www.AfDB.org) has approved a $22.8 million grant from its concessional African Development Fund to strengthen Mozambique's rice value chain and enhance climate resilience, targeting 30,000 smallholder farmers across four provinces. The grant will fund the Rice Value Chain and Climate Resilience Project, which seeks to…