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.
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Egypt's tilapia sector is expected to post year-over-year growth in both 2023 and 2024, marking a positive shift from the stagnant output the North African country’s aquaculture sector has reported since 2020, according to a joint report from the Global Seafood Alliance (GSA) and Rabobank.
Specifically, the report, which references data from the GSA and Dutch banking and financial services provider Rabobank, estimates Egyptian tilapia
… Read MoreTanzania’s seaweed production increased by more than 52 percent year over year in Q3 2023 as the sector took advantage of higher prices and lower costs for export permits, thanks to an initiative the country’s government instituted in June.
Statistics from the Bank of Tanzania show the nation's seaweed production during the period reached 3,972 metric tons (MT) – a slight improvement over the 3,932 MT produced in Q2 2023. The
… Read MoreRiyadh, Saudi Arabia-based aquaculture company Saudi Fisheries Company (SFC) posted a 9.2 percent year-over-year increase in sales revenue for the nine months ending 30 September 2023, but accumulated losses have continued to pile up for the company, leading it to develop a plan to reverse its fortunes.
The company’s financial results covering the nine-month period show its revenue rose to SAR 42.7 million (USD 11.4 million, EUR 10.6
… Read MoreIn response to a regression of aquaculture production levels over the past seven years, Nigeria is teaming up with development partners to implement a catfish farming project aiming to reverse the downward trend.
Aquaculture production in the West African nation hit an all-time high of about 316,000 metric tons (MT) in 2015 but gradually declined to 290,000 MT in 2019 before spiraling to 261,700 MT in 2020, according to the Food and Agriculture
… Read MoreCape Town, South Africa-based Saldanha Protein Group has launched a major maintenance program to enhance the performance of its fishmeal and fish canning operations ahead of the country’s fishing season in Q1 2024..
Saldanha Protein Group General Manager Marthin Potgieter told SeafoodSource that the ongoing maintenance program at its St. Helena Bay-based factory on the country’s west coast entails replacing one of the fishmeal
… Read MoreCape Town, South Africa-based fish-processing company Oceana Group posted a 29 percent year-over-year increase in revenue for the fiscal year ending 30 September 2023, driven by an increase in global prices on nearly all of its products – particularly fish oil.
Oceana Chairman Mustaq Brey and CEO Neville Brink said in a joint statement issued on 27 November that a weaker South African rand that aided in export value, and a surge in revenue
… Read MoreThe high capital expenditure and energy consumption of recirculating aquaculture systems (RAS) is hampering uptake of the fish-farming technology in many emerging markets.
BioMar Group Global Marketing Director Katherine Bryar told SeafoodSource that RAS technology remains expensive venture that also requires advanced knowledge of complex systems for it to be viable. The significant upfront costs and cutting-edge nature of much of
… Read MoreCape Town, South Africa-based fish-processing company Oceana Group has recorced a positive performance within its canned fish sector, as well as its fishmeal and fish oil business, thus far in 2023. Suleiman Salie, the group’s managing director of its canned fish brand Lucky Star, talked to SeafoodSource on the organization’s recent performance and how the group navigates the stringent regulations its export markets place on all
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