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
Cape Town, South Africa-based Premier Fishing and Brands reported a 17 percent revenue decline for the year ending 31 August, 2022, concluding a tough operating period the company is blaming on the COVID-19 pandemic.
“While the export market for squid remains very strong, as the market saw high prices per kilogram, the group unfortunately could not capitalize on the price factor due to the low volumes caught,” a joint
… Read More
Riyadh, Saudi Arabia-based producer and distributor of fresh and frozen seafood products Saudi Fisheries Co. (SFC) has signed a three-year fish supply agreement with Oman Fisheries effective 2 November 2022.
The deal paves the way for Oman Fisheries Company (OFC), a publicly traded company in Oman with a 24 percent shareholding by the Ministry of Agriculture and Fisheries, to supply 1,200 metric tons of fish to SFC in the first phase in exchange
… Read More
A new private sector-driven tilapia fingerling farm utilizing recirculating aquaculture system (RAS) technology has been unveiled in Rwanda, as part of a multi-organization effort to tackle key value chain investment barriers to aquaculture in the country.
The investment is being spearheaded by African Parks, a nonprofit conservation organization that manages Akagera National Park in Rwanda – Central Africa’s largest protected
… Read More
A new consortium made up of African and European organizations has unveiled a project promoting the growth of East Africa’s aquaculture sector, with a focus on training fish farmers and other stakeholders across the farmed-fish supply and value chains.
The new EUR 2 million (USD 1.96 million) capacity-building project, to be promoted by the consortium dubbed “Samaki Poa” – a Swahili expression meaning “awesome
… Read More
The European Union and Seychelles have reaffirmed their commitment to prevent, deter, and eliminate illegal, unreported, and unregulated (IUU) fishing that threatens the long-term sustainability of the island nation’s fisheries.
The two countries have had fishing agreements for over a decade, and recently renewed their six-year Sustainable Fisheries Partnership Agreement (SFPA) after delays ...
Photo courtesy of the
… Read More
Oman Fisheries Company (OFC) has signed a marine-vessel partnership with Ecuador-based ultra-frozen fish firm Transmarina for an undisclosed financial consideration.
OFC said in a statement signed by its CEO, Suleiman Al-Ghannami, the company sai it will will “prepare, process, value add, distribute, and export in local and international markets” and that it is "finalizing the necessary procedures with the local
… Read More
Morocco and Mauritania have agreed to jointly promote the sustainable development of their marine fisheries and aquaculture sub-sectors through 2024.
The two countries, both members of the Fishery Committee for the Eastern Central Atlantic (CECAF), signed a renewal of their cooperative agreement on 30 September, 2022. Morocco Minister of Agriculture Mohamed Sadiki and Mauritania Minister of Agriculture Mohamed Abidine Mayif signed
… Read More
Oman has announced a new round of requests for bids for the development of aquaculture projects across the country, in line with its long-term plans to its develop aquaculture sector.
Oman's Ministry of Agriculture and Fisheries Wealth, with the support of the World Bank and the United Nations’ Food and Agriculture Organization, is continuing to devleop aquaculture projects in support of Oman’s Fisheries and Aquaculture Vision 2040
… Read More
Cape Town, South Africa-based Oceana Group has announced the sale of its subsidiary Commercial Cold Storage Group Limited – traded as CCS Logistics.
The sale of its cold-storage business entity for ZAR 760 million (USD 42.8 million, EUR 43.2 million) will finance investment an expansion of its core business of fishing.
The business was purchased by African Infrastructure Investment Managers (AIIM) ...
Photo
… Read More
Cape Town, South Africa-based Oceana Group has released a trading update for the 11 months ending 27 August, 2022, indicating a 16.2 percent increase in the company’s canned pilchard/sardine fish sales volumes, as demand surges and supply networks continue to normalize following the COVID-19 pandemic.
The company has seen its year-to-date sales of pilchard increase to 8 million cartons, up from 7.9 million in 2021, which the
… Read More