African countries could be partners in aquaculture

The fish sector is of utmost importance but investment in aquaculture is very conditional in Africa

The Norwegian private sector has a great potential for good investments in terms of aquaculture, fisheries and fish processing. The purpose of this study is to provide relevant information for Norwegian companies interested in investment and/or joint ventures in African fisheries and aquaculture. The paper identifies potential investment projects and partners within the aquaculture, fish handling and processing sectors within selected African countries. 

The review of individual countries has revealed a wide range of features and characteristics:

• in almost all cases, the role of fish in food supplies and livelihoods is very important
• most fishery resources in the region are near or at full exploitation levels, and may be further threatened by overfishing
• progress in effective resource management is highly variable
• investment in adding value is very conditional on future management directions

The authors emphasis that strategies for fishery sector development and investment in the region need to ensure a workable balance between export earnings, national economic development and local welfare. Moreover, the following conclusions are demonstrated: Read more ...

This blog is written by Martin Little, The Aquaculturists, published and supported by the International Aquafeed Magazine from Perendale Publishers