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Lake Harvest fish farm. (Photo: Lake Harvest)
Nutreco and African group team up to produce feed for tilapia
(ZAMBIA, 2/2/2016)
Nutreco and African Century Foods (ACF) have entered into a 75/25 joint venture in Zambia for the production, sale and distribution of tilapia feed.
The joint venture, called Skretting Zambia, will construct and operate the first dedicated fish feed plant in Zambia.
Aquaculture in Zambia is developing at a rapid pace, in order to reduce the dependency on imported fish.
A lack of high quality fish feed is the key bottleneck in the further development of the regional aquaculture sector, which primarily consists of tilapia farming.
The new plant will be located at Siavonga, Lake Kariba, close to the major fish farms in Zambia and Zimbabwe, and will have an initial capacity of 25,000 tonnes of extruded fish feed.
The produce will be used to supply the Zambian and Zimbabwean tilapia farms of joint venture partner ACF, however, the plant capacity will be expanded in a second phase with the aim of supplying the wider South-East African region.
Harm de Wildt, Managing Director for Nutreco's operations in EMEA said, “This joint venture is a new step in our commitment to the African market, adding to recent fish feed investments in Egypt and Nigeria.
“The production of high quality, extruded fish feed will further support the development of aquaculture in this region. It will help our customers to increase efficiency and profitability, and as a result will also mitigate the environmental footprint of the sector,” he added.
On his part, Henry Pitman, CEO at ACF stressed, “This new feed mill will allow us to expand our operations from the current production levels of 10,000 tonnes and help to reduce our cost of production in line with our strategy to become the lowest cost producer of tilapia in the region.”
The agreement is now subject to regulatory approval.
editorial@seafood.media
www.seafood.media
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