AQUACULTUREPathways to

Food Security & Economic Developmentin Ghana, West Africa

OverviewWhat Is Aquaculture?Aquaculture In GhanaStatisticsFood Security & Economic DevelopmentEntrepreneurships, Trade & InvestmentsPros & ConsNext Steps

What Is Aquaculture?Different from Agriculture and FishingTwo Forms:

Off-Shore “Water” BasedOn-Shore “Land” Based

BlueprintMaterials

Area & WaterFish & Feed

Components TanksPumpsFiltrationAeration

Education & MaintenanceEducation

TrainingBiologists and EngineersManagers & Accountants

MaintenanceMaintain Balanced Eco-SystemRepair ComponentsFeed, Grow & Catch Fish

GhanaLand

238,535km2 (92,098 mi2)

Coastline553.3 km (343.8 mi)

Inland Water Coastline24,000 km2 (14,913 mi2)

Population24 Million (45% children)

Aquaculture In GhanaIdeal Country for Aquaculture

Suitable Natural EnvironmentStable GovernmentGovernment Support: Tax Breaks & IncentivesGrowing EconomyWorkforceHigh Fish Demand

Fishing IndustryThree Sectors

Marine 78% Inland 19% Aquaculture 3%

Market Trends Marine & Inland Decline Aquaculture Rise 80%

Renewable & SustainableMain Product: Tilapia & Catfish

Fish Protein StatisticsRequirement 992,000.0 MT

Production (Minus Export) 397,445.2 MT (40.00%)Production 441,590.0 MTExport 44,144.8 MT

Import 191,428.9 MT (20.00%)

Consumption 558,874.1 MT (59.36%)

Deficit 403,125.9 MT (40.63%)

Trade Deals: Who Benefits?Importers

EU (UK, Poland, Belgium), NetherlandsMauritania

ExportersEuropean Union

Trade PartnersEU, China, Japan

Food Security & Economic Development

Food Security = National SecuritySustainable SovereigntyEducationEnvironment

Economic DevelopmentPower, Stability, Independence & Justice

Entrepreneurships,Trade & Investments

Ghanaian CitizensGhana Economy

Trade: Exports & ImportsInfrastructureInternational Standing

Investors Interested in Africa

Pros & ConsCONS

New Industry (Viability & Training)Start Up Costs (Capital)Maintenance Fees & InfrastructureMarketingFeed SupplyEnvironmental Aspects

Pros & ConsPROS

Fast Growing IndustryRelatively Easy BusinessEnter on the Ground LevelLow Start Up Cost & High ReturnSustainable Food Source

Far East FarmsNear Volta Lake in Sogakope, Ghana

FocusFind InvestorsIncrease Production

• Established•Reduce Deficit•Economy

Far East FarmsMajor Fish Products

Tilapia & Catfish (Packaged & Unpackaged)

Target 80% of the Local MarketCompetitive PricesAdvertisingCustomer ServiceLocal Activities: Restaurants, Shops, Cultural

Events, Festivals for the Greater Accra Region

Next StepsMore Information

Aqauculture Investment OpportunitiesMOFAFAOThe Fish SiteFar East Farms

Fish Feed IndustryAquaponics

Give a man a fish and he eats for a day.

Teach a man to fishand he can feed himself for life.

AQUACULTUREPathways to Food Security & Economic Development in Ghana, West Africa

Presented By

Keva Williams

kwilliams246@toromail.csudh.edu

In Association With

Pan African Global Trade Conference

http://www.panafricanglobaltradeconference.com/

Frederick M. Lomotey

Executive Director, Far East Farms

FMlomotey@yahoo.com

  Special Thanks To

CSUDH Africana Studies Department

http://cah.csudh.edu/africanastudies/

 

For More Information Visit

http://www.mofa.gov.gh/

http://www.fao.org/fishery/countrysector/FI-CP_GH/en

http://www.thefishsite.com/fishnews/vars/country/gh

http://persesh.com/kmt/

Osas Eguaeoeguae1@toromail.csudh.edu

Salim FarajiUS Representative, Far East Farms

sfaraji@csudh.edu

California State University, Dominguez Hillshttp://www.csudh.edu/

Republic of Ghana, Ministry of Food & Agriculture (MOFA)United Nations, Food & Agriculture Organization (FAO)

The Fish Site (Industry Information)Kemet Nu (CSUDH Black Student Org )