Catalyzing investments from African Development Bank for aquaculture and fisheries development in Africa as part of the scaling strategy of Fish research
Published on: April 29, 2020, Submitted by Innocent Bikara on: April 23, 2020, Reporting year: 2019
Sustainable Development Goals Contribution
Fish research scaled through African Development Bank investments. Investments on-going in Zambia and recently in Malawi and Cameroon. The policy case reports on early stage of Aquaculture investment in Ghana.
Meeting between representatives of WorldFish, African Development Bank and the Ghana Fisheries Commission
Aquaculture in Ghana has been on an upward trend from 1,154 mt in 2005 to 52,470 mt in 2016. Nevertheless, the productivity of aquaculture systems (ponds, cages and tanks) has remained low. Constraints to increased productivity in Ghanaian aquaculture include inadequate supply of genetically improved seed; low capacity and uneven spread of hatcheries; low technology for pond culture; high cost of fish feed; weak extension service delivery; weak research-extension linkages; and inadequate fish health management.
The Ministry of Aquaculture and Fisheries of the Government of Ghana indicated their interest during 2018 to develop their aquaculture further through investment from the African Development Bank (AfDB).
FISH Research, through the WorldFish-led TAAT Aquaculture Compact, is being used to assist African countries design investments in sustainable aquaculture and fisheries. As part of this initiative, WorldFish staff of the TAAT Aquaculture Compact first visited the Fisheries Commission and African Development Bank, Accra, on the 24 September 2018 to assist in developing a proposed loan for the development of fisheries and aquaculture in the country. The proposed project is ‘Transforming Aquaculture in Ghana Through Up-scaled Technologies for Food and Jobs’, with a proposed funding level of US$128 million.
The AfDB through the Country Manager, Dr Yero H.J Baldeh confirmed receipt of the proposal from the Ministry of Fisheries and Aquaculture Development for further consideration, including necessary processing and prioritization by the Ministry of Finance. This collaboration in Ghana follows similar initiatives by FISH and WorldFish in Malawi, Cameroon and Zambia.
Disaggregates for Sphere of Influence
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1.2.1 - Improved access to financial and other services
Focus
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Gender: 1 - Significant objective
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Youth: 1 - Significant objective
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Capacity Development & Knowledge Sharing: 1 - Significant objective
Specific Disaggregates for this Policy Indicator
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Policy/Investment Type: Budget or Investment (Amount: 12757USD)
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Whose policy is fixed? Public Sector
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Stage of Maturity: Level 2 - Policy/Law etc. Enacted
Acknowledgement
Appreciation to the Ghana Fisheries Commission and the Ministry of Finance for taking the initiative to apply for the loan with guidance from TAAT Aquaculture compact.
This work was undertaken as part of the CGIAR Research Program on Fish Agri-Food Systems (FISH) led by WorldFish. The program is supported by contributors to the CGIAR Trust Fund. Funding support for this work was provided by African Development Bank (AfDB) under Technologies for African Agricultural Transformation (TAAT) program.
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