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
Published on
June 17, 2026
A new report found Africa’s aquafeed usage rose 27.5 percent in 2025, making the continent one of the fastest-growing markets for aquafeed in the world.
The report, titled “2026 Alltech Agri-Food Outlook” and compiled by U.S.-based agricultural products firm Alltech, found that after several relatively stagnant years, Africa's aquaculture feed market expanded by 466,000 metric tons (MT) last year, with Egypt topping the list by country… Read More
Published on
June 16, 2026
The entire board of directors at Oman Fisheries Company (OFC), which is Oman's largest publicly traded seafood firm, has resigned under the pressure of a worsening internal liquidity crisis.
Explaining the rationale behind the decision, the board, chaired by Mohamed Hamad Masrori, cited unwillingness of company shareholders – including the Omani government, which owns a 24 percent stake in the firm – "to provide urgently required financial… Read More
Published on
June 11, 2026
Ivory Coast has begun implementing a fisheries and aquaculture project that aims to increase annual farmed fish output to 35,000 metric tons (MT) and reduce imports, which are currently relied upon for up to 80 percent of domestic supply, making the nation one of West Africa's top net seafood importers.
Aiding in the increased aquaculture output goal, the project aims to enhance the development of broodstock and establish hatcheries, commercial… Read More
Published on
June 9, 2026
Plans for the development of an NAD 2.5 billion (USD 152.9 million, EUR 131.5 million) Atlantic salmon farm in Namibia have inched closer to reality, as partners of the consortium behind the undertaking recently signed a share underwriting agreement.
At the end of a seminar on Namibia's burgeoning salmon industry held in Bergen, Norway, representatives from Namibia Atlantic Salmon Holding (NASH), the project's holding company; the African… Read More
Published on
June 4, 2026
Egypt has received approval to export its farmed fish products to the E.U., marking the first time Egypt has gained approval to ship its aquaculture products to the bloc and providing the North African nation with a vote of confidence in the quality of its aquaculture production.
Egypt's National Food Safety Authority (NFSA) largely attributed the approval, which is expected to take effect in the third quarter of 2026, to investments made in… Read More
Published on
May 22, 2026
Global nonprofit watchdog Human Rights Watch (HRW) has condemned the killing of fishers in Mozambique's province of Cabo Delgado and urged the government to allow and fully support a transparent investigation into the incident that happened in mid-March.
HRW said at least 13 fishermen were killed by the country's navy personnel. The government claims the incident happened when security targeted the fishers while enforcing measures intended to… Read More
Published on
May 13, 2026
Saudi Fisheries Company (SFC) has been given the greenlight from the Saudi Arabian Capital Markets Authority to raise SAR 340 million (USD 89.9 million, EUR 76.5 million) through a rights issuance as the seafood firm pursues additional measures in turning around its poor financial performance.
In a recent statement to the Saudi Stock Exchange, SFC said it received the approval after "the company fulfilled all the observations and requirements… Read More
Published on
April 29, 2026
Effective 21 April, Libya has suspended exports and re-exports of all forms of seafood for at least 90 days to grant the nation’s government time to reassess the structure of its domestic fisheries sector.
According to the Libyan Export Development Authority – a state agency that promotes the export of Libyan products and domestic producers’ access to global markets – the temporary ban is meant to “regulate Libyan exports of fisheries,… Read More
Published on
April 27, 2026
Kenyan aquaculture firm Victory Farms has received a USD 15 million (EUR 12.7 million) mezzanine loan from African agribusiness investment firm AgDevCo for the expansion of its fish-farming operations in Eastern Africa.
AgDevCo said the loan complements a USD 4 million (EUR 3.4 million) investment it made in Victory Farms in 2021 and aims to support the company's continued expansion across the region, including “scaling existing operations in… Read More
Published on
April 8, 2026
South African seafood firm Sea Harvest Group reported large spikes in revenue and operating profit in 2025.
In its latest financial report, the firm reported that its revenues reached record highs last year, totaling ZAR 8.7 billion (USD 531 million, EUR 455 million), compared to ZAR 7.2 billion (USD 440 million, EUR 376 million) in 2024. Its operating profit amounted to ZAR 1.3 billion (USD 79.4 million, EUR 68 million), compared to ZAR 580… Read More
