In 2021, AgDevCo provided an initial US $4 million financing package to improve production efficiency and operational scale.
The upgraded facility adopts a modular plant concept, allowing manufacturers to scale production and adjust formulations in response to changing market demand
The acquisition will not result in job losses, with Martin & Martin continuing operations at its current facilities to ensure employee stability.
The data enables internationally consistent calculation of the environmental footprint and provides a reliable basis for sound analysis.
The transaction is expected to close in the coming weeks, subject to customary conditions.
With the new National Blue Economy Strategy 2025–2030, kenya aims to increase fish production to more than 450,000 metric tonnes.
Zimbabwe faces a fish supply gap of about 41.7%
New sensor technology delivers real-time, non-contact moisture measurement to improve product consistency, reduce waste and optimize energy use in pet food production.
The company said the fund will scale to $50 million annually from 2028.
The hatchery is expected to produce up to 40 million baby fish (fry) every year.