The future of Africa’s aquaculture sector lies in PPPs

Calling for robust partnerships to develop Africa’s aquaculture sector

CÔTE D’IVOIRE: The Acting Director General of the National Fisheries and Aquaculture Authority (NaFAA) of Liberia and Chairperson of the Fisheries Committee for the West and Central Gulf of Guinea (FCWC),  Cyrus Saygbe has emphasised that the future of aquaculture in the region must be anchored in robust public-private partnerships (PPPs).

Speaking at the Second Regional Seminar on Aquaculture Development, held in Abidjan, Saygbe asserted that “out of every 100 jobs created globally, nearly 90 are driven by the private sector. This remarkable statistic underscores a truth we must all embrace: if we are to stimulate inclusive growth, create jobs, and transform livelihoods, especially through aquaculture, the private sector must be front and centre in our strategy.”

The high-level seminar, co-organised by MIRAH Côte d’Ivoire and supported by JICA, brought together public and private sector actors across FCWC Member States to explore strategies for boosting aquaculture investment and industrialisation in West and Central Africa.

Highlighting Liberia’s example, Saygbe revealed that the country is reconstructing government-owned hatcheries and feed mills which will be managed by the private sector under a PPP framework. He emphasised that this initiative reflects Liberia’s shift from subsistence fish farming to an industrial aquaculture model, capable of attracting sustainable private sector investment.

“As President of the FCWC, I recognise the urgent need to scale up aquaculture production,” he said. “This is not only critical for meeting the growing nutritional needs of our populations but also essential for creating employment opportunities—especially for youth and women—and for reducing the pressure on our overexploited marine resources.”

He further noted that governments across the FCWC region are actively seeking innovative and inclusive approaches to unlock the sector’s potential, and called for a unified regional commitment to transform aquaculture through collaboration.

“This seminar could not have come at a better time,” he added. “It provides a critical platform to share experiences, reflect on shared challenges, and explore investment-driven solutions that align with global development goals—SDG 2 (Zero Hunger), SDG 8 (Decent Work and Economic Growth), and SDG 14 (Life Below Water).”

Saygbe also made several key announcements during his address:

◼︎ Liberia will host World Fisheries Day on November 21, 2025, in Monrovia. Formal invitations have been extended to all FCWC member states and development partners, including JICA.

◼︎ A Fisheries Investment Conference will be held in February 2026 in Liberia. The event will showcase bankable aquaculture ventures across the region and promote targeted engagement with the private sector. Member states are encouraged to propose potential invitees.

He stressed that under the leadership of His Excellency President Joseph Nyuma Boakai Sr., Liberia is advancing a bold and comprehensive strategy for fisheries development, including a new PPP policy that outlines investment incentives, institutional frameworks, and innovation priorities.

“The management of NaFAA, in partnership with the World Bank, is reconstructing key infrastructure to be operated by the private sector. Our aim is to build commercially viable and sustainable aquaculture value chains—from seed to feed, grow-out to market,” he said. “If we are to attract private sector investment, we must industrialise—not remain focused on subsistence farming.”

“Now is the time to harness the power of collaboration and transform aquaculture across the region,” he said calling members states to action.

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