Mozambique is one of the countries that will benefit from the African Fertilizer Financing Mechanism (AFFM), for which the Board of Directors of the African Development Bank approved a budget allocation of 11.70 million US dollars on 16 May 2023. This amount, added to a budget allocation of 4.7 million dollars from 2022, brings the AFFM's 2023 budget to 16.40 million dollars. The Norwegian Agency for Development Cooperation (NORAD) is also expected to make available the remaining 10.15 million dollars promised in 2022, of which 8.6 million have already been paid.

For 2023, the AFFM plans to continue the implementation of three commercial credit guarantee projects, totalling 8.3 million dollars, in Ivory Coast, Ghana and Zimbabwe. Other projects, involving commercial credit guarantees totalling 9.7 million dollars, will be implemented in countries such as Tanzania, Uganda, Mozambique and Kenya. If the United States Agency for International Development (USAID) honours its commitment to grant 15 million dollars to the AFFM, three further new projects could be launched in Senegal, Zambia and Ghana.

The AFFM's objectives include facilitating smallholder farmers' access to inputs and extension services, as well as ensuring the proper use of fertilisers, increasing agricultural productivity and improving soil conditions. The AFFM intends to work actively with African countries and other key stakeholders to develop the details of the National Food and Agriculture Compacts presented at the Africa Food Summit in Dakar in January 2023.

The AFFM will continue to collaborate with the International Fertilizer Development Center (IFDC) and the Alliance for a Green Revolution in Africa (AGRA) to improve the production, trade and use of fertilisers. In addition, it will carry out an in-depth analysis of fertiliser policy in at least ten African countries, to identify gaps and present an action plan.

Created by the African Union in 2006, the AFFM plays a key role in responding to food crises and threats to food security in Africa, resulting from conflicts, climate change, locust plagues, Russia's war in Ukraine and disease. The AFFM plays a vital role in improving agricultural productivity, providing the funding needed to boost fertiliser use in Africa.