Annual Performance Monitoring Report: AgriFUTURO Project

The project's implementation period spanned from May 1, 2009, to February 28, 2013, with a total life of project funding of $19,349,006. The project's objective was to increase rural household incomes, private sector investment, and job opportunities in rural areas. The project focused on the comprehensive development of eight commodity value chains, from production to marketing. The four major components of the project included improving the enabling environment for agribusiness, expanding and strengthening agribusiness development services, building linkages to financing services for agribusiness development, and increasing and strengthening public-private partnerships. The geographic focus of the project was on the Nacala Corridor and Nampula, with a specific emphasis on the Angoch region. The project's implementation period was marked by significant achievements in FY 2012. Key agribusiness grants were awarded to support the development of competitive agricultural value chains. The project expanded the number of Agribusiness Service Clusters (ASCs) from 12 to 24, which served 100 emerging farmers. Activities under the FOSCs approach were implemented, and progress was made in industry association and cooperative development, business plan development, and mobilization of finance. The project also made significant progress in reducing aflatoxin levels, invasive fruit fly control, and the introduction of the multifrutas (MD2) variety of bananas. Domestic fruit processing was also promoted, and new public-private partnerships (PPPs) were established. The project's value chain highlights for the 4th quarter of FY 2012 showed significant improvements in the soybeans, groundnuts, sesame, and beans value chains. The project's performance indicators for FY 2012 showed a 27% increase in household income among program participants compared to the control group. The project's collaboration with other donor projects was also significant, with key activities planned for the next quarter including the expansion of ASCs and the implementation of FOSCs activities. The project's evaluation and assessment update highlighted the need for continued support to emerging farmers and the importance of building linkages to financing services for agribusiness development. The administrative update noted the project's financial performance, with a total expenditure of $7,111,111 as of September 30, 2012. The project's communications during FY 2012 included regular updates to stakeholders and the development of a project website. The project's financial information for FY 2012 showed a total budget of $7,111,111, with a total expenditure of $6,511,111. The policy table highlighted the project's contributions to the development of policies and regulations supporting agribusiness development in Mozambique. The grants performance table showed the project's achievements in terms of grants awarded and disbursed during FY 2012.