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Promotion of sustainable commercial aquaculture in sub-Saharan Africa. Volume 2: Investment and economic feasibility













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Hishamunda, N.; Manning, P. Promotion of sustainable commercial aquaculture in sub-Saharan Africa. Volume 2: Investment and economic feasibility. FAO Fisheries Technical Paper. No. 408/2. Rome, FAO. 2002. 54p.


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    This document examines policies that encourage sustainable commercial aquaculture in developing countries, especially in sub-Saharan Africa. Commercial aquaculture, the rearing of aquatic organisms with the goal of maximizing profit, can contribute to food security and alleviation of hunger, directly by producing food fish and indirectly by generating income for the purchase of food, government revenues, improving a country's balance of trade as an export or as an import substitute, stimulating technological advances, bolstering the development of isolated regions and since it depends on private rather than public funds and is likely to use resources adequately, it is sustainable. However, some forms of commercial aquaculture can cause environmental damage and social conflicts. Stabilisation or decline of the capture fisheries, growing shortage of fish for domestic markets, export opportunities, suitable land and water and cheap labour offer prospects for commercial aquaculture in sub- Saharan Africa. Limited access to credit, shortages and high cost of feed, lack of good quality seed, and a low flow of capital investment hamper its development. Good governance, openness to trade, macroeconomic growth policies, emphasis on private investment as a source of wealth, land security, tax exemptions and holidays, loan guarantees, debt-equity swaps, promotion of large farms, producer associations, strategic planning and transparent regulatory procedures can stimulate the development of the sector.
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    This document identifies elements of a legislation that will encourage the emergence of a sustainable commercial aquaculture. The aquaculture law of an individual country must provide the operator with a secure right to conduct aquaculture operations, to the property on which the farm will be located, to good quality water and to the produce. It must also ensure environmental sustainability, through permit or licence systems, without imposing unnecessary costs on applicants. Only proposals with the potential for serious environmental harm should be subjected to a full environmental impact assessment. Environmental supervision must extend to controls over the use of exotic species and products from modern biotechnology including genetically modified organisms, disease control and health management and to any water quality concerns created by the proposed project. To minimise costs, countries are encouraged to adopt a single window approach for the numerous approvals usually required for an aquaculture operation and screen initial applications. They could also consider creating a single agency to promote aquaculture and to monitor the progress of applications. Aquaculture regimes of selected African countries are measured against the elements required to encourage sustainable commercial aquaculture, and improvements that are applicable to all countries in sub-Sahara are suggested.
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