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Malawi - Sustainable Fisheries, Aquaculture Development And Watershed Management Project - Project Appraisal Report

04-Oct-2019

The purpose of the “Sustainable Fisheries, Aquaculture Development and Watershed Management” Project is to contribute towards poverty reduction through improved fish commodity value addition and increased consumption, strengthened nutritional security, and build climate resilience in Malawi. The outcomes will include improved fisheries and aquaculture productivity, reduction of post-harvest losses and facilitating market oriented intensification along fisheries value chain and strengthened fisheries and watershed management. 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. The project planning follows an ecosystem approach, which includes conservation of catchment areas as 75% of transboundary watersheds are located in Malawi, which are critical fish breeding and nursery grounds. The geographical scope covers 11 lakeshore and three non-lakeshore districts including the entire basins of Lake Malawi and Chilwa, part of the Shire River and selected upland districts for aquaculture. The project time frame is 60 months effective January 2020. The total estimated project cost is UA 10.56 million

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