From Kenya to Nigeria: Opportunities in Africa's fish farming industry - News Summed Up

From Kenya to Nigeria: Opportunities in Africa's fish farming industry


Overexploitation has capped the potential to increase wild catch, underscoring the urgent need for expanded fish farming production. One firm seeking to tap into the continent’s expected growing demand for fish is Aqua-Spark, a Netherlands-based aquaculture investment firm. Regarding fish species, Boudiba mentions that the firm does not favour any specific kind. In addition to tilapia, Aqua-Spark believes catfish could significantly contribute to the growth of sub-Saharan Africa’s aquaculture industry. Despite this, Kenya faces a deficit of about 300,000 tonnes of fish per annum, while Nigeria’s deficit exceeds 500,000 tonnes.


Source: The North Africa Journal March 04, 2024 20:51 UTC



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