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AQUACULTURE

AQUACULTURE. Pathways to Food Security & Economic Development in Ghana, West Africa. Overview. What Is Aquaculture? Aquaculture In Ghana Statistics Food Security & Economic Development Entrepreneurships, Trade & Investments Pros & Cons Next Steps. What Is Aquaculture?.

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AQUACULTURE

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  1. AQUACULTURE Pathways to Food Security & Economic Development in Ghana, West Africa

  2. Overview • What Is Aquaculture? • Aquaculture In Ghana • Statistics • Food Security & Economic Development • Entrepreneurships, Trade & Investments • Pros & Cons • Next Steps

  3. What Is Aquaculture? • Different from Agriculture and Fishing • Two Forms: • Off-Shore “Water” Based • On-Shore “Land” Based

  4. Blueprint Materials • Area & Water • Fish & Feed Components • Tanks • Pumps • Filtration • Aeration

  5. Education & Maintenance • Education • Training • Biologists and Engineers • Managers & Accountants • Maintenance • Maintain Balanced Eco-System • Repair Components • Feed, Grow & Catch Fish

  6. Ghana Land • 238,535km2 (92,098 mi2) Coastline • 553.3 km (343.8 mi) Inland Water Coastline • 24,000 km2 (14,913 mi2) Population • 24 Million (45% children)

  7. Aquaculture In Ghana Ideal Country for Aquaculture • Suitable Natural Environment • Stable Government • Government Support: Tax Breaks & Incentives • Growing Economy • Workforce • High Fish Demand

  8. Fishing Industry Three Sectors • Marine 78% • Inland 19% • Aquaculture 3% Market Trends • Marine & Inland Decline • Aquaculture Rise 80% • Renewable & Sustainable • Main Product: Tilapia & Catfish

  9. Fish Protein Statistics • Requirement 992,000.0 MT • Production (Minus Export) 397,445.2 MT (40.00%) • Production 441,590.0 MT • Export 44,144.8 MT • Import 191,428.9 MT (20.00%) • Consumption 558,874.1 MT (59.36%) • Deficit 403,125.9 MT (40.63%)

  10. Trade Deals: Who Benefits? • Importers • EU (UK, Poland, Belgium), Netherlands • Mauritania • Exporters • European Union • Trade Partners • EU, China, Japan

  11. Food Security & Economic Development • Food Security = National Security • Sustainable Sovereignty • Education • Environment • Economic Development • Power, Stability, Independence & Justice

  12. Entrepreneurships,Trade & Investments • Ghanaian Citizens • Ghana Economy • Trade: Exports & Imports • Infrastructure • International Standing • Investors Interested in Africa

  13. Pros & Cons CONS • New Industry (Viability & Training) • Start Up Costs (Capital) • Maintenance Fees & Infrastructure • Marketing • Feed Supply • Environmental Aspects

  14. Pros & Cons PROS • Fast Growing Industry • Relatively Easy Business • Enter on the Ground Level • Low Start Up Cost & High Return • Sustainable Food Source

  15. Far East Farms • Near Volta Lake in Sogakope, Ghana • Focus • Find Investors • Increase Production • Established • Reduce Deficit • Economy

  16. Far East Farms • Major Fish Products • Tilapia & Catfish (Packaged & Unpackaged) • Target 80% of the Local Market • Competitive Prices • Advertising • Customer Service • Local Activities: Restaurants, Shops, Cultural Events, Festivals for the Greater Accra Region

  17. Next Steps More Information • Aqauculture Investment Opportunities • MOFA • FAO • The Fish Site • Far East Farms • Fish Feed Industry • Aquaponics

  18. Give a man a fish and he eats for a day. Teach a man to fishand he can feed himself for life.

  19. AQUACULTUREPathways to Food Security & Economic Development in Ghana, West Africa Presented By Keva Williams kwilliams246@toromail.csudh.edu In Association With Pan African Global Trade Conference http://www.panafricanglobaltradeconference.com/ Frederick M. Lomotey Executive Director, Far East Farms FMlomotey@yahoo.com Special Thanks To CSUDH Africana Studies Department http://cah.csudh.edu/africanastudies/ For More Information Visit http://www.mofa.gov.gh/ http://www.fao.org/fishery/countrysector/FI-CP_GH/en http://www.thefishsite.com/fishnews/vars/country/gh http://persesh.com/kmt/ Osas Eguae oeguae1@toromail.csudh.edu Salim Faraji US Representative, Far East Farms sfaraji@csudh.edu California State University, Dominguez Hills http://www.csudh.edu/ Republic of Ghana, Ministry of Food & Agriculture (MOFA) United Nations, Food & Agriculture Organization (FAO) The Fish Site (Industry Information) Kemet Nu (CSUDH Black Student Org )

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