The construction of the landing sites is expected to benefit thousands of fisherfolk by providing safer, cleaner, and better-equipped environments for landing, handling, and storing fish.
The development allows for greater adaptability to market dynamics ensuring sustained crushing volumes even when local soybean supplies fluctuate.
LifeStart products, essential for larvae and juvenile stages of aquaculture species, are designed to improve fry resilience, disease resistance, and growth rates.
The Land Bank of the Philippines is extending a US$21.3 million loan to fund the mill’s construction, along with a US$1.77 million credit line for working capital support.
Despite not being native to Namibia, salmon is seen as a lucrative option thanks to global demand, which has tripled since 1980.
The deal, signed on April 17, 2025, will establish Moolec as the parent company of the combined group.
The Wasleys facility, which generated US$2.24 million in EBITDA over the past year, has sold more than 90% of its output to Baiada.
Because this is an emerging pathogen in cattle, no approved vaccines currently exist.
The livestock restocking is part of a broader county-wide resilience strategy funded through the Ward Development Fund, towards which KES50 million (around US$385,000) has been allocated.
With the new space, the Animal Nutrition division will extend its offerings of raw materials and specialised ingredients to the ruminant, swine, pet food, and aquaculture markets.