Illegal fishing is having a negative impact on Ghanas fish stock and economy, and the country is spending around US$200mn annually to import fish to meed the demand
Ghana imports US$200mn fish annually
Aquaculture
US$7mn boost to steer growth in aquaculture across Africa
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 and Uganda
Norway commits US$5mn to help small-scale aquaculture farmers in East Africa
The Norwegian Agency for Development Cooperation (NORAD) will provide US$5mn to increase the incomes and build resilience of small aquaculture farmers in Kenya, Mozambique and Tanzania
Cage fish farming up in Lagos
Aquaculture in marine cages programme is helping the fishing sector in Afowo Community Owode, Apa Kingdom in Badagry Local Government Area
Fish farming sector expected to record highest demand in nanobubble generator market
A research study by Fact.MR showed that the nanobubble generator market will see a CAGR of more than 5% during 2021-2031 and fish farming industries are expected to account the highest demand in the global market
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