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Triggers and Drivers for Establishing a Profitable Aquaculture

Created Jan 17 2023, 9:58 AM by Vivek Prasad
  • Agribusiness
  • Aquaculture
  • Agriculture
  • AFR Region

Aquaculture is an investment option. However, as with all solid investments, this option should only be transformed into action if, through comprehensive market and business planning, it proves to be profitable. Profitable aquaculture enterprises, aquabusiness, can assume any scale of operations, from micro to industrial. But, at any size, it must be market driven. For smaller operations, this implies the need for firms to band together to achieve an economic critical mass, forming clusters, pulling down services and attracting better markets. A market and business orientation embodies the new approaches to aquaculture as an investment that can make positive impact on the developmental objectives of African Governments.

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