Seychelles demarcates area solely for fish processing
SEYCHELLES – The government of Seychelles has marked out a new fish processing zone for…
Fish & Seafood
Yalelo partners with aquaculture genetics specialist Xelect to develop new, improved tilapia strains
ZAMBIA – FirstWave Group, the parent company of Yalelo, one of the leading fisheries business…
Tunisian aquaculture company STEP seeks US$7 million funding to bolster growth
TUNISIA – Société Tunisienne d’Elevage de Poissons (STEP), a modern aquaculture firm in Tunisia located…
Oceana Group delivers stellar performance but remains wary of further COVID-19 outbreaks
SOUTH AFRICA – One of Africa’s leading fishing companies, Oceana Group has delivered an exceptional…
Morocco allows Russian fishing vessels to operate in its waters in new legal framework
MOROCCO – In a bid to ensure the sustainability of the Moroccan fisheries and foster…
Mozambique’s Chicoa Fish Farm clinches US$1.5m in Series A funding round led by Goodwell
MOZAMBIQUE – Chicoa Fish Farm, the largest commercial provider of fish in Mozambique has closed…
Kenyan based aquaculture business Victory Farms gets backing from Impact investor DOB Equity
KENYA – East Africa’s largest commercial fish farm, Victory Farms has clinched an undisclosed amount…
Hake fishery in Namibia attains globally recognised sustainable fishing standard
NAMIBIA – Namibia has received the first Marine Stewardship Council certification for its hake trawl…
Premium Brands, Mi’kmaq acquire Canadian sea food company Clearwater for US$767m
CANADA – Clearwater Seafoods, a Canadian seafood company, has been jointly acquired by Premium Brands…
Morocco to launch 24 aquaculture projects to bolster fish and seafood production
MOROCCO – Morocco is ramping up investment in its fish and aquaculture sector as it…
Morocco’s fish and seafood export volumes rise by 6% despite decline in production
MOROCCO – Morocco earned MAD 15.3 billion (US$1.66 billion) from the export of fish and…
Kenya Marine and Fisheries Research Institute develops value added fish products
KENYA – In a bid to add value to Kenya’s fishing industry, the Kenya Marine…
Namibian government pockets US$42.16m from fishing quotas auction
NAMIBIA – The government of Namibia has raised N$627.9 million (US$42.16m) from the auction of…
Ghana boosts fishing sector with US$100m Elmina fishing port project
GHANA – The government of Ghana is undertaking the construction and rehabilitation of Elmina fishing…
Namibia auctions fishing quotas to raise funds to curb COVID-19 pandemic
NAMIBIA – The government of Namibia is seeking to auction for the first time 60%…
Tanzania earned US$800m from fish production in the fiscal year 2019/2020
TANZANIA – Tanzania fish production in the fiscal year 2019/2020 rose to 392, 933 metric…
Namibia fish industry players eagerly waiting for the allocation of new fishing quotas
NAMIBIA – The government of Namibia introduced the fishing rights and quota system to “empower”…
Kenyan government promotes marine fishing with US$93.65m investment
KENYA – The Kenyan government has received a Ksh10 billion (US$93.65m) concessional loan from the…
Customer interest in animal welfare is the primary driver for business action, new reports indicates
AFRICA — According to a recently released report by World Animal Protection, leading global food…
Tanzanian government stipulates new laws, draws up plan to revive the fish industry
TANZANIA – Ministry for Livestock and Fisheries of Tanzania has tabled a new bill, the Deep…
Uganda spends US$13m on fish imports as export earnings decline 18% to US$176m
UGANDA – According to the Ugandan Ministry of Finance report, fish imports into the country…
Lake Victoria registers a decline in fish production caused by water pollution and restrictive laws
KENYA – Africa’s largest fresh water lake, Lake Victoria has recorded a decline in Fish…
SAGA Seafood Namibia to cease operations on account of lack of fishing quotas
NAMIBIA – SAGA Seafood Namibia, the operating company for Icelandic fishing company Samherji in Namibia…
1K1V completes recapitalization of Lesotho based aquaculture company SanLei
LESOTHO – One Thousand & One Voices (1K1V), a private family capital fund backed exclusively…