Logo

IFAD signs US$17.56mn aquaculture project in DR Congo

DR Congo and the UN International Fund for Agricultural Development (IFAD) have signed a US$17.56mn agreement to finance an inland fisheries and aquaculture project

Drying Fish Congo CIFOR FlickrThe project will introduce new technologies such as improved ovens for drying and smoking fish. (Image source: CIFOR/Flickr)

The project will be implemented in the northern departments of Cuvette, Cuvette-Ouest, Sangha and Plateaux. The funding includes a US$7.7mn IFAD loan, a US$500,000 grant from IFAD, a contribution of US$3.17mn from the government of DR Congo and US$2.5mn from the project’s beneficiaries. The government is working with the OPEC Fund for International Development and the UN’s Food and Agriculture Organisation to fill the co-financing gap.

DR Congo imports more than 40,000 tonnes of fish every year to meet its domestic demand, which is among the highest in the world. The new project aims to promote sustainable development and improve management of inland fisheries, as well as promote fishing and aquaculture techniques, fish processing and provide access to markets to small-scale fish farmers.

It hopes to increase catches while taking measures to ensure preservation of the natural resource base. Fish processing will be improved by introducing new technologies such as improved ovens for drying and smoking, and fishing organisations will be trained to use new technologies. Market-related infrastructure will also be improved. Fish farmers will gain easier access to proper ponds, high quality fingerlings and nutritious fish meal.

Adriane Del Torto, programme analyst at IFAD, explained, “One of the main objectives in designing this project is to raise the incomes of the smallholder fish farmers by putting in place sustainable fisheries management, resulting in more productive fishing and improvements in product processing and marketing.”

The project will be implemented by the country’s Ministry of Fisheries and Aquaculture, and will begin with a pilot phase. Some 5,600 vulnerable households, including those headed by women and young people, are expected to benefit from this project.


LATEST NEWS IN Aquaculture

Youth’s challenges in artisanal fisheries and aquaculture discussed at IYAFA 2022

Youth’s challenges in artisanal fisherie…

Themes including the need for African governments to have youth-focused fisheries policies, came strongly to the fore as Food and Agriculture Organization (FAO) brought experts and activists together to consider...

Fish project tackles malnutrition in Uganda

Fish project tackles malnutrition in Uga…

 Ugandan Lake catches are mostly dominated by three highly-nutritious fishes, known locally as 'muziri', 'ragoogi' and 'mukene'

African flag registries exploited by high-risk fishing operators: Report

African flag registries exploited by hig…

Ensuring that high-risk fishing operations and vessels are excluded from national flags is a critical step to securing the waters of Africa for the legitimate and sustainable enrichment of coastal...

Angola sees boost in aquaculture and agriculture output

Angola sees boost in aquaculture and agr…

The output in the agriculture and fishing (+12.9% y-o-y) sector in Angola continues to record blockbuster growth and has surpassed pre-pandemic levels, according to the National Statistics Institute’s (INE) latest...

Wanda Fish Technologies Ltd signs agreements to advance goals in cultivated fish

Wanda Fish Technologies Ltd signs agreem…

Israel- FoodTech start-up Wanda Fish Technologies Ltd has signed two agreements with Tufts University to advance the company’s goals in the emerging field of cultivated fish

Ghana imports US$200mn fish annually

Ghana imports US$200mn fish annually

Illegal fishing is having a negative impact on Ghana's fish stock and economy, and the country is spending around US$200mn annually to import fish to meed the demand

Prev Next

OTHER RELATED ARTICLES - Aquaculture

Cargill partners with farmers to chart new course in seafood sustainability

Cargill partners with farmers to chart n…

Cargill has set a course to protect oceans, a vital ecosystem where the company helps to grow and move food around the world

Premier Fishing in South Africa set on high growth path

Premier Fishing in South Africa set on h…

Premier Fishing and Brands Limited, one of the leading fishing companies in South Africa, has achieved a profit increase by 14 per cent and profit after tax increase by 59...

Malawi and Mozambique sign fisheries MoU

Malawi and Mozambique sign fisheries MoU

Malawi and Mozambique have signed a five-year memorandum of understanding (MoU) on fisheries and aquaculture management

Oceana Group investing US$13mn in Angola and Namibia

Oceana Group investing US$13mn in Angola…

South Africa-based Oceana Group (Oceana) has revealed plans to invest US$13mn in two new facilities in Angola and Namibia

US$7mn boost to steer growth in aquaculture across Africa

US$7mn boost to steer growth in aquacult…

Lake Harvest Group, an integrated aquaculture company from Africa, will receive a US$7mn investment from Aqua-Spark and Norfund, to contribute towards the growth of the company’s operations in Zimbabwe, Zambia...

‘Fish stocks in Ghana's marine waters face imminent threat of depletion’

‘Fish stocks in Ghana's marine waters fa…

Fish stock assessment of Ghana's marine waters and declining catches of small pelagic fish indicate an imminent threat of stock depletion, according to the US Agency for International Development (USAID)...

Africa's first ASC certified shrimp farm accredited

Africa's first ASC certified shrimp farm…

The Aquaculture Stewardship Council (ASC) certification has been awarded to a leading Madagascan shrimp farm, located in Mahajamba, on the north-west coast

New catfish feed launched in Lagos

New catfish feed launched in Lagos

Livestock Feeds has launched Aquamax catfish feed to help boost the aquaculture resources in Lagos, Nigeria

Namibia launches national aquaculture master plan

Namibia launches national aquaculture ma…

Namibia’s Ministry of Fisheries and Marine Resources has launched the National Aquaculture Master Plan to raise the country’s aquaculture output

Namibia to introduce new fishing quota next year

Namibia to introduce new fishing quota n…

The Namibian Ministry of Fisheries and Marine Resources has started the process to determine a new mechanism for allocating fishing quotas to all right holders by January 2016

Maize deliveries hit 450 000 tonnes in Zimbabwe

Maize deliveries hit 450 000 tonnes in Z…

Maize delivery has hit 450000 tonnes in Zimbabwe for the farming session of 2016-17 as compared to the corresponding period of last year, according to a senior government official

Small fish production a critical asset in Africa, says FAO

Small fish production a critical asset i…

Small, fast growing wild fish could be crucial allies in the race to end hunger in some of the world's most chronically poor and underfed regions, according to an FAO...

Prev Next

Template Design © Joomla Templates | GavickPro. All rights reserved.