Finnfund boosts Zambia’s Yalelo Aquaculture with the first direct investment

ZAMBIA – Finnfund, Finnish development financier will support the expansion of Yalelo Limited, an integrated tilapia aquaculture company in Zambia with a US$6 million equity investment. Yalelo produces 12,000 tons of tilapia annually. With the […]

AfDB approves US$13.2m funding for sustainable fisheries, aquaculture development in Malawi

MALAWI – The African Development Bank Group (AfDB) has approved a US$13.2 million financing package from the African Development Fund for a fisheries and aquaculture development project in Malawi for sustainable fisheries, aquaculture development and […]

FAO’s improved fish processing method boosts Ghanaian fish industry

GHANA – The Food and Agricultural Organisation (FAO) has introduced an innovative oven for smoking of fish that reduces the Polycyclic Aromatic Hydrocarbonsn(PAH) in smoked fish to 0.3ppm/kg which is less compared to the European […]

Cargill partners with White Dog Labs on sustainable aquafeed alternatives

USA – Cargill has entered into an agreement with White Dog Labs to expand its offerings of sustainable alternatives to fishmeal in the aquafeed sector. The deal secures access to ProTyton, White Dog Labs’ single-cell […]

Liberia partners FAO to strengthen fisheries research and capacity building

LIBERIA – The Government of Liberia has signed a Memorandum of Understanding (MoU) with the United Nations Food and Agriculture Organization (FAO) to strengthen research in the fisheries sector. The partnership will focus on fisheries […]

South Africa’s Premier Fishing reports 72% growth in profit despite economic hardships

SOUTH AFRICA – Premier Fishing and Brands, a leading South African fishing company, reported a 72% increase in operating profit in the six months to February 28, 2019 despite tough economic conditions across major markets. […]