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Sustainable tilapia farm secures USD 10.5 million loan from Dutch investor

ZAMBIA
Wednesday, April 24, 2019, 00:40 (GMT + 9)

Dutch development bank FMO made a USD 10.5 million loan to Yalelo Tilapia in Zambia to boost the farm’s production of sustainable fish. FMO supports the expansion of the fully integrated Yalelo Tilapia farm in Zambia with a USD 10.5 mln senior secured loan facility, partly funded by Building Prospects, a high impact fund, managed on behalf of the Dutch government. This transaction supports the production of affordable protein in a sustainable, innovative and profitable manner. Tilapia is one of the most efficient proteins (feed conversion ratio 1.4), meaning it has a much lower carbon footprint than other proteins such as beef, pork and even poultry. Yalelo has a positive impact on the local economy and job creation (it currently employs over 800 people) and is contributing to the development of the broader local aquaculture sector by providing smallholder tilapi... FULL STORY

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SFP announces Target 75 progress
Apr 23, 03:00
The Target 75 initiative launched by Sustainable Fisheries Partnership (SFP) is halfway toward the goal of 75 ... FULL STORY
United Kingdom
Mowi buys Welsh lumpfish farmer
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Mowi Scotland announced the purchase of lumpfish farmer Ocean Matters, which is located in Anglesey, North Wal... FULL STORY

Peru
Patagonian toothfish exports surpass USD 470,000 in the first two months
Apr 23, 22:20
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Spain
Andalusia allocates EUR 300,000 in aid for smaller gear fleet affected by temporary stop
Apr 23, 22:10
The Ministry of Agriculture, Livestock, Fisheries and Sustainable Development of Andalusia has opened the period to request aid to compensate for the ... FULL STORY

Spain
The Spanish fleet can fish in Sao Tome and Principe again
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Apr 22, 22:40 (GMT + 9):
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Apr 22, 20:30 (GMT + 9):
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Apr 22, 20:10 (GMT + 9):
Weekly exports of Atlantic Salmon grow (week 15)
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Apr 22, 20:10 (GMT + 9):
Surimi imports of Extra-UE increased in 2018
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Viet Nam
Apr 22, 19:00 (GMT + 9):
IN BRIEF - Coast Guard check VN-China fishery agreement implementation
United Kingdom
Apr 22, 19:00 (GMT + 9):
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SFP announces Target 75 progress
United States The Target 75 initiative launched by Sustainable Fisheries Partnership (SFP) is halfway toward the goal of 75 percent of seafood production in key sectors classified as sustainable or improving toward...
So far in 2019, Korea and Japan are the main destinations for surimi exports
United States At US Customs, the average price of Alaskan pollock surimi (Theragra chalcograma) (HS 0304991130) was USD 2.70/kg in February. This price is up 8% on that of January and 6% on that of February 2018. I...
Surimi imports of Extra-UE increased in 2018
European Union  Table 1: CIF price of Extra-EU surimi imports, of the 28 countries of the EU, 2019/2018, USD/kg Origin ...
EC chooses the Galician brand 'pescadeRías' as an example of good practices
Spain The Xunta de Galicia's seal of quality 'pescadeRías', which covers Galician seafood products from artisanal fisheries, was chosen by the European Commission as an example of good practices financed by the European Maritime and Fisheries Fund.
 
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