Shem Oirere is a Kenyan journalist who previously worked for daily newspapers as a general news correspondent, business reporter and sub-editor before turning to full-time freelancing. For the more than 20 years, he has covered various sectors of Africa’s economy including agriculture, food processing, and maritime industries. A graduate of the University of South Africa, he has traveled within and outside Africa covering various industry events that have a bearing on the continent’s economy on behalf of different international consumer and trade publications. He currently lives in Nairobi, Kenya.
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The South Africa Supreme Court of Appeals has upheld a ban implemented by the country’s Department of Forestry, Fisheries, and the Environment (DFFE) on the use of drones used for fishing purposes in an attempt to protect the country’s marine fish populations.
In doing so, the court dismissed an appeal case filed against the DFFE by several business entities involved in the manufacture, import, market, and selling of angling
… Read MoreFemale seaweed farmers operating in the Western Indian Ocean will have access to private-sector financing through a new project that will support them in introducing farming technology, both boosting the resilience of their enterprises against the adverse impacts of climate change and increasing production of high-quality seaweed.
At least 25,000 female seaweed farmers in Kenya, Tanzania, and Mozambique will have access to the financing between
… Read MoreTwo United Nations agencies have been partnering together since 2019 to promote aquaculture in Africa as an effective way to reduce unemployment and underemployment among the continent’s youth.
Approximately 400 million youth in Africa are either unemployed or underemployed, according to Africa Union stats. To address this, the Food and Agriculture Organization (FAO) and the United Nations Industrial Development Organization (UNIDO) teamed
… Read MoreArtisanal fishers in the Seychelles have received a boost to their trade with the opening of a SCR 23.5 million (USD 1.6 million, EUR 1.5 million) seafood facility, backed by financing from the European Union-Seychelles Sustainable Fisheries Partnership Agreement (SFPA).
The facility, located in Anse aux Pins, an administrative district on the Seychelles island of Mahé, contains a new fish market for traders, many of whom have been
… Read MoreSaudi Fisheries Company's (SFC) financial issues continue to intensify, as the aquaculture firm’s accumulated losses by the end of the first quarter of 2024 spiked to SAR 265 million (USD 70.6 million, EUR 65.5 million) – equivalent to 66 percent of the company’s capital – according to the company’s recently published interim results.
Additionally, SFC’s debts by 31 March 2024 exceeded the
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