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in Agribusiness

Ghana’s Aquaculture Sector Set for Transformation with Israeli Technologies

Maynard Championby Maynard Champion
August 9, 2024
Reading Time: 4 mins read
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Ghana's Aquaculture Sector Set for Transformation with Israeli Technologies

Ghana is poised to revolutionize its aquaculture sector by leveraging innovative technologies and solutions from Israel.

This strategic move, championed by Mr. Aviel Avraham, the Deputy Head of Mission at the Embassy of Israel to Ghana, signals a new era for the industry, which plays a significant role in the country’s economy.

Speaking at a recent Breakfast Forum organized by the Economic and Trade Mission of the Israeli Embassy in collaboration with the Chamber of Aquaculture Ghana, Mr. Avraham emphasized that adopting innovative technologies is crucial for overcoming the challenges facing Ghana’s aquaculture sector. He highlighted that Israel’s expertise in aquaculture, despite its semi-arid climate and water scarcity, offers valuable lessons for Ghana.

Israel has developed an intensive aquaculture sector by creatively addressing its environmental constraints. The country’s success in aquaculture is attributed to close collaboration between government institutions, research centers, universities, farmers, and industry. This cooperation has facilitated the adoption of new technologies and practices, leading to increased efficiency and sustainability in the sector.

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“By implementing these technologies, our fish farmers have significantly reduced waste and optimized resource utilization, leading to a substantial boost in production,” Mr. Avraham noted. He stressed that by combining Israel’s technological expertise with Ghana’s rich natural resources, the two countries could build a robust and sustainable aquaculture industry that benefits farmers, consumers, and the broader economy.

The Forum, A Platform for Collaboration

The Breakfast Forum, themed “Enhancing Ghana’s Aquaculture Sector; Leveraging on Innovative Technologies from Israel,” served as a platform for knowledge and experience sharing between sector players in both countries. It focused on various aspects of aquaculture, including technology and innovation, species diversification, feed and seed supply, water quality management, and sustainable practices.

The event aimed to introduce Israeli technologies to enhance aquaculture production in Ghana and to encourage partnerships between the private sectors of both nations. Among the participants were officials from the Israeli Export Institute, the Ministry of Food and Agriculture, the Fisheries Commission, the Chamber of Aquaculture Ghana, and representatives from 24 Israeli companies, including Raanan Fish Feed, AquaMaof Aquaculture Technologies Limited, Phibro Animal Health Corporation, AquaGreen, and NanoClear Water Solutions.

Aquaculture is a vital component of Ghana’s national economy, contributing between three to five percent of the Gross Domestic Product (GDP) and providing livelihoods for approximately 10 percent of the population. Ghana currently produces 132,000 metric tons of fish per year from aquaculture, a figure that could potentially double with the proper harnessing of opportunities in the sector.

However, the sector faces significant challenges, including a gap between fish demand and supply. In 2022, Ghana’s fish requirement was 1,308,219.64 metric tons, while total annual fish production stood at 657,472.31 metric tons. This shortfall highlights the need for increased investment in the sector to meet the growing demand for fish and to boost the country’s economy.

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Israeli Commitment to Ghana’s Aquaculture Sector

Mr. Shai Zarivatch, Department Head for Africa and the Middle East at Israel’s Foreign Trade Administration, underscored the Israeli government’s commitment to strengthening trade relations and promoting mutual growth between Israel and Ghana.

Mr. Shai Zarivatch noted that Israel operates a network of 55 offices globally, dedicated to facilitating trade and fostering international collaborations. These offices play a crucial role in leveraging Israeli technology and expertise, particularly in aquaculture, where Israel is a global leader in technological advancements.

Mr. Zarivatch highlighted that Israel’s cutting-edge aquaculture technologies present invaluable assets for Ghana’s sector. The shared vision of sustainability, he said, is central to the collaborative efforts between the two nations, reflecting their mutual commitment to fostering trade and investment.

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Building a Sustainable Future for Ghana’s Aquaculture Industry

Mr. Jacob Adzikah, Chief Executive Officer of the Chamber of Aquaculture Ghana, emphasized the need for collaboration among stakeholders to create a sustainable and prosperous future for the aquaculture industry. He pointed out that Ghana has one of the best ecosystems for fish farming, and with the right investment in technological innovation, the sector could achieve significant growth.

“As a Chamber of Commerce for the aquaculture industry, it has become necessary to engage our partners for enhanced collaboration to make strides in the aquaculture industry,” Mr. Adzikah stated. He expressed optimism that with support from Israeli counterparts, Ghana could overcome the myriad of challenges in the sector, leading to increased efficiency and production.

As Ghana embarks on this journey with Israel, the future of its aquaculture industry looks bright, with the promise of sustainable practices, increased production, and economic prosperity for all involved.

READ ALSO: A Mixed Trading Session Ends in a Loss on the GSE

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Tags: AquacultureAquaGreenecosystemsGross Domestic Product (GDP)Israeli TechnologiesRaanan Fish Feed
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