Officials say the measure would strengthen food security, encourage local feed production, and protect fish farmers from currency volatility and supply‑chain disruptions.
The initiative aims to improve livelihoods and benefit more than five million people
The project seeks to farm fish in offshore marine environments using advanced technology and international best practices to increase domestic production.
A new wave of floating cage aquaculture projects promises to reduce Burkina Faso’s reliance on fish imports and strengthen its domestic supply.
The new facility aims to strengthen food security and modern animal nutrition in Southeast Asia.
The approval clears Bunge’s PRO-S program for use under ASC Feed Standard rules and supports wider use of verified soy in fish feed.
This data is based on statistics shared by 12 IFFO members, accounting for 40% of global fishmeal production and 50% of fish oil output.
Aquaculture production surpasses 192,000 tons; Saudi seafood exports reach US$350 million.
The company has nearly five decades of experience in animal nutrition across Mauritius, Madagascar, Seychelles and Rwanda, and began operating in Kenya in 2024.
Officials attributed the projected growth to resource availability and regulatory management.