africaFISH has a target to establish at least three production locations across Africa by 2016 and has a well developed plan in place to deliver this objective.
Our first project is the Uganda project. The project involves the investment of almost €5 million to build on the assets and experience of an existing small-scale producer to create a major aquaculture business and to develop an associated sales and marketing company to get our products to market.
Our strategy is to secure the delivery of this project and then replicate the success of the model in other locations in Africa. These other locations will both expand the volume potential of existing products and diversify our product range.
Our primary growth will be in eastern Africa but there are also significant opportunities in western and southern Africa.