TANZANIA GETTING A PIECE OF THE $153 BILLIONS OF GLOBAL FISH PIE



The human population in Africa is growing at a faster rate in comparison to the meat and food production using the incumbent production technology. In Tanzania, there is a clear unsustainable divergence between population growth and meat production (all meats) since 2016 and the divide between consumption and production is ever increasing.

Unless there is dedicated investment and supportive policy environment to catalyze the additional investment in the sector, we might be sitting on a time bomb.

In this article, we explore how the integrated and inclusive fish value chain development could be part of the solution. Specifically, we present how a strategic partnership between the Tanzania Agricultural Development Bank (funder), the private sector (supplier of technology, capital and expertise) and smallholder fish farmers (participants in both upstream and downstream production system) could be formed to address the triple bottom line of food security, poverty alleviation, income and job creation.

The Fish value chain is one of the several other priority value chains which the bank have developed an intervention strategy. However, the fish value chain has a unique opportunity due to the global decline in fish stock – from natural fishing – while the demand is ever increasing. The implication of a declining fish stock in the traditional fish sector imply that there is a significant opportunity for aquaculture development.

Indeed fish is one of the most traded food commodity in the global market with revenues well above $153 billion. The declining fish stocks from traditional sources creates a huge opportunity for countries like Tanzania which is well endowed with water bodies ranging from sea, lakes to rivers. The ever increasing population growth could only make the demand even better.

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Fish Value Chain