Egypt’s skyrocketing aquaculture production has triggered a sustained spike in demand for aquafeed, substantially pushing up production costs.
The share of aquaculture in Egypt’s total fish production between 2000 and 2015 rose from 47 percent to 78.8 percent, reaching 1.23 million metric tons (MT). Egypt's government hopes to continue to increase per capita fish consumption as a means of providing an affordable, domestically
… Read MoreNamibian Marine Phosphate Pty Limited (NMP), which is developing the Sandpiper Marine Phosphate project, has expressed optimism it will get an opportunity in 2020 to commence a sea mining undertaking and demonstrate the benefits of such a venture to all marine stakeholders in Namibia.
Company CEO Chris Jordinson told SeafoodSource that, in 2020, NMP hopes to proceed with the development of the marine phosphate project, which was intended to
… Read MoreCape Town, South Africa-based seafood company Sea Harvest has announced substantial growth in its seafood business in Southern Africa, posting a surge in overall revenue and also on both gross and operating profit for 2019 ...
Photo courtesy of Sea
… Read MoreThe lobster industry operating along Kenya’s 640-kilometer coastline has suffered in the last few weeks as the global coronavirus crisis intensifies.
With China freezing imports of many commodities and products in the wake of the COVID-19 outbreak, exports from the country have been heavily impacted. Lobster catchers in Lamu County, which accounts for more than 50 percent of Kenya’s total lobster production, have become the latest
… Read MoreOnline seafood market company Seafood Souq is considering an expansion of its operations in the Middle East, in response to what it says has been an incredible company performance in the past year.
Souq, which recently made a foray into the global seafood traceability market with the introduction of the “SFS trace” – an information platform that ensures value, traceability, and transparency in the United Arab Emirates (UAE)
… Read MoreFear over a possible outbreak and spread of the tilapia lake virus in Rwanda has forced the country's Ministry of Agriculture and Animal Resources to impose a ban on the importation of fingerlings, in addition to urging fishers and aquaculture farmers to embrace good management practices in their operations.
Agriculture and Animal Resources Minister Gerardine Mukeshimana urged fish farmers to embrace preventive measures including good
… Read MoreAs campaigns against illegal, unreported, and unregulated (IUU) fishing continue in Africa, at least eight countries have resolved to develop a common strategy to counter the practice.
The eight countries, all members of the Southern Africa Development Community – an inter-governmental organization headquartered in Gaborone, Botswana – are drawing up a plan of action on monitoring, control, and surveillance (MCS) methods. Those
… Read MoreSenegal and Mauritania, two West African countries with huge fishing potential, have agreed to end a fishing stalemate between them that saw nearly 12,000 Senegalese fishers banned from accessing Mauritanian fishing sites for several months.
The ban originated from alleged incidents of illegal, unreported, and unregulated fishing in Mauritania’s waters by Senegalese fishermen.
Senegalese President Macky Sall and his Mauritanian
… Read MoreMozambique’s fisheries and aquaculture sector received a major boost earlier in February when the International Fund for Agricultural Development (IFAD) announced USD 49 million (EUR 45 million) in financing for small-scale aquaculture businesses.
The funding comes as the country strives to reduce poverty levels and increase earnings for small and medium fishing operations in the former Portuguese colony. IFAD said on 10 February the
… Read MoreSouth Africa is a country with a large capacity to farm oysters, but production, especially of the preferred Pacific oysters, has been on the decline.
That decline has partly been the result of increasing farm closures caused by a surge in concentrations of biotoxins and other hazardous substances.
However, in 2014 the government unveiled a new delivery program, dubbed “Operation Phakisa,” to catalyze implementation of a
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