Despite Mali suffering through coups, separatist insurrection, and terrorist threats in the past several years, the nation's economy has been on a growth trajectory. Recently, several international organizations have moved to leverage this growth to develop and expand the country’s aquaculture sector to enhance food security and raise incomes.
For the last 20 years, a number of fish production initiatives, supported by… Read More
Lack of appropriate technology has been identified as one of the major challenges constraining the expansion and realization of Africa’s aquaculture potential, a trend that Sub-Saharan Africa’s largest fully-integrated aquaculture company Yalelo Limited is now determined to reverse in at least two markets on the continent.
The company – owned by FirstWave Group and a leading aquaculture firm comprised of Yalelo Zambia and… Read More
Cape Town, South Africa-based seafood company Oceana has projected an increase in its base earnings per share and headline earnings per share for the year ending 30 September, 2020, according to unaudited results set to be released later this year.
A circular that the company sent to the Johannesburg Stock Exchange – in fulfilment of the requirement for publication of a trading statement “whenever there is a reasonable degree of… Read More
Global nonprofit marine conservation organization Sea Shepherd is pleading the Yemeni government to detain, investigate, and prosecute a vessel suspected to be involved in toothfish poaching in the Commission for the Conservation of Antarctic Marine Living Resources (CCAMLR) convention area.
Sea Shepherd said the suspected poacher, Cobija, “was listed as anchored in the Port of Mukalla in the Republic of Yemen through the Yemen… Read More
The signing of the Abraham Accords in Washington D.C. between the United Arab Emirates and Israel last September has opened new investment opportunities in the Middle East’s aquaculture market, as the two parties pledge cooperation in ensuring sustainable agricultural development to achieve the region’s food security.
Among the first beneficiaries of the U.S.-brokered accord is U.A.E.’s Aqua Bridge, which has confirmed striking… Read More
Nine county governments in Kenya have signed a memorandum of understanding with the national government to participate in a KES 14.9 billion (USD 136 million, EUR 115.8 million) Aquaculture Business Development Program (ABDP) that is partly financed by the International Fund for Agricultural Development (IFAD).
"The program is going to see an increment in income over eight years and enhance food and nutrition status in poor households involved… Read More
Even as landings at Kenya’s second-largest freshwater lake – Lake Naivasha – increased by 188 percent between 2015 and 2019, persistent illegal fishing activities continue to threaten the water body’s potential.
That trend is expected to be reversed after Kenyan government has deployed its Coast Guard and other agencies to tackle the problem of unauthorized fishing operations.
Under an agreement between the national… Read More
Namibia’s much awaited auction of government-held fishing rights – held to raise funds to contain the coronavirus pandemic – has ended in disappointment after the sale attracted bids for 1.3 percent of the USD 38 million (EUR 32.3 million) that were on offer, according to a report quoting Finance Minister Iipumbu Shiimi.
The auction, which was targeting foreign fishing vessels and operators, would have seen Namibia offload 60… Read More
African tilapia producer Lake Harvest has signed a five-year broodfish supply agreement with Benchmark Holding’s subsidiary Spring Genetics that gives the commercial aquaculture company exclusive access to tilapia species with improved resistance to diseases and superior performance traits …
Photo courtesy of Benchmark… Read More
Cape Town, South Africa-based seafood company Premier Fishing SA, an affiliate of listed Premier Fishing and Brands Limited, has issued 30 percent of its total share capital to more than 900 of its employees, and to fishing communities in selected areas where the firm operates.
The transaction, which the company describes in a media statement as one of the “largest of its kind in South Africa and in the fishing sector,” would see 20… Read More