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    Home > Food News > Food Articles > African Development Bank recommends strengthening the development of seaweed farming

    African Development Bank recommends strengthening the development of seaweed farming

    • Last Update: 2022-05-19
    • Source: Internet
    • Author: User
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    From SeafoodSource, April 26, a new policy document from the African Development Bank highlights the great potential of seaweed farming in promoting the socio-economic development of African countries, where the current level of seaweed farming productivity is low
    .
     
    The new policy paper emphasizes that African countries should increase investment, promote private company and community participation in seaweed production, and work to expand research and development in seaweed farming
    .
     
    There are currently seaweed production operations in Tanzania, South Africa, Morocco and Madagascar, and the participation of these regions has rapidly moved the seaweed farming industry from an experimental stage to an economical production
    .
     
    The combined annual production of seaweed in Africa is just over 200,000 tonnes, or 0.
    5% of the global total
    .
     
    The document states that the seaweed farming industry in Africa should take full advantage of the $300 million Aqua-spark fund launched last year (Aqua-spark is the first investment fund focused on sustainable aquaculture), according to the African Development Bank.
    Investors should use the Aqua-Spark fund to open up the seaweed farming market, rather than the tilapia farming channel they had previously invested in
    .
     
      The article states that there are hundreds of species of seaweed on every coast of Africa, so there are plenty of natural resources that can be used for seaweed farming.
    Algae should be integrated into the country's agricultural system.
    Expanding seaweed production will also help Africa to reduce carbon emissions through carbon capture.
    To mitigate the effects of climate change, the future of the African seaweed market will require stronger support to diversify the aquaculture industry in the region
    .
    seaweed farming _
     
      The new policy paper emphasizes that African countries should increase investment, promote private company and community participation in seaweed production, and work to expand research and development in seaweed farming
    .
     
      There are currently seaweed production operations in Tanzania, South Africa, Morocco and Madagascar, and the participation of these regions has rapidly moved the seaweed farming industry from an experimental stage to an economical production
    .
     
      The combined annual production of seaweed in Africa is just over 200,000 tonnes, or 0.
    5% of the global total
    .
     
      The document states that the seaweed farming industry in Africa should take full advantage of the $300 million Aqua-spark fund launched last year (Aqua-spark is the first investment fund focused on sustainable aquaculture), according to the African Development Bank.
    Investors should use the Aqua-Spark fund to open up the seaweed farming market, rather than the tilapia farming channel they had previously invested in
    .
     
      The article states that there are hundreds of species of seaweed on every coast of Africa, so there are plenty of natural resources that can be used for seaweed farming.
    Algae should be integrated into the country's agricultural system.
    Expanding seaweed production will also help Africa to reduce carbon emissions through carbon capture.
    To mitigate the effects of climate change, the future of the African seaweed market will require stronger support to diversify the aquaculture industry in the region
    .
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