Zambia’s fish production to hit 40,000 tons with ZAED project

ZAMBIA - The Zambian government has said that fish production is expected to increase to 40,000 tonnes upon completion of the Zambia Aquaculture Enterprise Development (ZAED) Project in 2021, reports The Times of Zambia. The project is aimed at stimulating growth in the aquaculture subsector in order to promote economic diversification and sustainable employment generation…

Tanzania to construct international shipping port to promote fishing

TANZANIA – Tanzania is set to construct an international shipping port to promote Sustainable Blue Economy and improve the fishing sector as well, reports the Guardian. Speaking during the sustainable blue economy conference in Nairobi, Kenya, Abdallah Ulega, the deputy minister for Livestock and Fisheries revealed that the government is in its final stages to…

European Union pledges support for Ghana’s fisheries sector

GHANA - The Fisheries sector in Ghana is set to receive support from the European union with a motif of contributing to food security, improving nutrition and livelihoods of the fishing communities in the country. According to GNA, the fishing sector in Ghana has been facing challenges mostly resulting from the unrestricted fishing and weak…

Oceana fishing revenue grows 14% to US$549m as Daybrook operations pay

SOUTH AFRICA – Fishing group Oceana has more than tripled after-tax profits in the year to End-September, with revenues jumping 14% to US$549.11 million during the period. Total income for the year grew to US$78.41 million from US$23.87 million the year before while revenues from the group’s African operations increased 11%. The year was helped…

Kenya’s President proposes import ban on fish from China

KENYA - President Uhuru Kenyatta has proposed a ban on fish imports from China, a move he noted was government’s efforts in benefiting the local fishing industry, reports the Nation. Speaking during the 2018 SMEs conference at Strathmore University, the President said imported fish was hurting the local market thus the need to ensure the…

RLJ Group to invest US$100m in revamping fishing industry

LIBERIA - The government of Liberia is set to receive US$100 million investment into the fishing industry from RLG Group, an innovative business network that provides strategic investments in a diverse portfolio of companies. The proceeds will go towards improving the fish industry through the development of fishing depots and the building of fish processing…

Government devotes US$2m for genetic improvement of fish in Zambia

ZAMBIA - The government through the Zambia Aquaculture Enterprise Development Project (ZAEDP) has pumped in US$2 million in fish genetic improvement to boost the fishing industry in Zambia. According to Lusaka Times, the programme will involve research work at the National Aquaculture Research Development Centre (NARDC) with a goal to enhance the quality and quantity…

Netherlands to support Tanzania’s fishing sector with a teaching model farm

TANZANIA - The Netherlands has pledged to support Tanzania’s fishing industry by establishing a model farm in Dar es Salaam where it will provide with teaching and training in the sector, Daily News has reported. According to the Netherlands Ambassador to Tanzania, Mr Jeroen Verheul, a model farm would be the driving force towards modern…

Fishing group Sea Harvest to acquire Ladismith Cheese Company for US$36m

SOUTH AFRICA - Fishing Group Sea Harvest plans to diversify its food products portfolio by acquiring a value-adding dairy processing company, Ladismith Cheese for US$36.81 million. With the acquisition, Sea Harvest seeks to boost its local dairy segment which has seen recent investments including development and acquisition of additional dairy and allied beverage products. “Ladismith…

Cargill opens new aquaculture center in Indonesia

INDONESIA – Cargill, an American privately held global corporation, has opened an aquaculture innovation center in Indonesia to work with freshwater fish farmers in raising farming and feeding standards. According to the company, the Technology Application Center (TAC) is located at Ciseeng, Parung-Bogor, which is a hub for freshwater aquaculture in Indonesia. It will bring…