Angola: Commercial catfish farming
|Project location:||Caxito, Angola|
|Consortium:||Aquaculture Innovations Close Corporation, Consulam Lda|
|Project Budget:||EUR 717,000|
|External financing:||PSI Programme|
|Project period:||January 2013 to July 2015|
Given the lack of formal agriculture in Angola following the civil war and the consequent high food prices, the project partners identified a business opportunity to produce and supply affordable fish for the domestic market. For this purpose they will establish a joint venture company in Angola and invest in setting up a commercial catfish farm on a location 55 km outside of Luanda comprising a hatchery and out-grow facilities equipped with recirculation technology to allow intensive aquaculture, capable of producing to 24 tons of catfish per month. The joint venture will sell fresh catfish to the working population of Luanda and smoked fish products in the country’s interior where refrigeration is not common, for which fish smoking facilities will be installed. A catfish outgrower programme will be implemented to trial low-budget catfish farming. The joint venture will provide training to its own local staff and all necessary technical support to the outgrowers. The performance of both the main catfish farmers and the outgrower will be assessed, the outcome of which will be publicized and presented at workshop in Angola towards the end of the project. On the strength of this pilot project and the undersupplied Angolan fish market, the joint venture will expand and diversify its production thus contributing to food security in Angola.