Under the proposed arrangement, verified fishers from Kenya, Uganda, and Tanzania would gain equal access to the lake, provided they comply with a set of mutually agreed-upon rules.
The project aims to boost local fish production by enhancing access to finance for smallholder fish farmers.
The cancelled contract had funded Moderna’s early-stage development of an H5 avian flu vaccine, which the company says showed “positive interim” results in a study involving 300 healthy adults.
Years of below-average rainfall have devastated pasturelands across the country, forcing farmers to rely on increasingly expensive feed alternatives.
Primary goals include the completion of the Kilwa Masoko Fishing Port, conducting an Environmental and Social Impact Assessment (ESIA) for the Bagamoyo Fishing Port, and facilitating loans worth approximately US$258 million for sector players.
Lake Tanganyika, Africa’s deepest freshwater lake, has long faced challenges from illegal, unreported and unregulated (IUU) fishing.
The deal comes as China’s appetite for premium imported food continues to climb, with dairy imports growing by 18% and demand for high-end seafood surgingd by 25% in 2024.
FPU officials say some politicians are obstructing enforcement operations to curry favour with fishing communities that wield significant electoral influence.
The overhaul marks a significant step in aligning its practices with this landmark international accord under the UN’s Food and Agriculture Organization.
The findings come just weeks after Guardian Australia exposed shocking cases of animal mistreatment linked to the nation’s export abattoirs, including the unpunished hypothermia deaths of 103 sheep during transit.