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Americas Africa Relation in Mozambique

  • Mozambique’s farmers will be given access to a US$5.3 million credit line

    MOZAMBIQUE, 2014/03/16 Mozambique’s farmers will be given access to a US$5.3 million credit line as part of Finagro, a three-year programme funded by the United States government for investments in the sector, the Mozambican press reported. The programme’s managers hope that the programme and its credit line will increase the competitiveness of Mozambique’s private sector for some cash crops and food price chains. The focus will be tropical fruits (mango, bananas and pineapples), legumes (bean varieties), oilseeds (peanuts, soy and sesame), cashew nuts and other crops such as maize, rice, potatoes and cassava.
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