African Chapter of the World Aquaculture Society (AFRAQ23): Thriving Aquatic Foods Through Innovative Financing

To grow its aquaculture industry and reverse this trend, Africa needs farm-gate investments of US$ 1.8 billion annually to grow its aquaculture industry and curtail fish imports by 2050 under the business-as-usual (BAU) model compared to US$ 11.6 billion under the high aquaculture production scenario. Mobilizing this investment is a daunting challenge. Access to affordable financing has been a historical challenge for most industry players on the continent.