This price increase is aimed at ensuring sufficient maize reserves for the country during lean periods, responding to current market dynamics.
WFP said throughout the month of July, field monitoring teams across Zimbabwe observed evidence of recovery and transition in terms of food security.
On the source of resources to procure 200 000MT, Admarc Limited spokesperson Theresa Chapulapula said the funds will come from the Treasury.
The initiative is funded through a collaborative partnership with the African Development Bank contributing US$9.2 million.
The US Department of Agriculture, however, estimates that regional demand for South African maize exports is expected to decline due to improved harvests in Zimbabwe and Zambia.