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.
Author Archive
Two 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
… Read MoreAccra, Ghana-based aquaculture company Tropo Farms plans to incrementally increase its annual fish output to 30,000 metric tons (MT) over the next five years, pursuing external investments in production equipment and processing to do so.
Before pursuing investment, the company began auditing its internal processes, aiming to make them as efficient as possible before turning externally for growth. That process of streamlining production
… Read More