Africa news

South Africa’s Oceana reports lower earnings as fish oil prices normalize

Global pricing for fishmeal and fish oil normalized following the recovery of Peruvian production, which affected both Oceana Group's US and African operations

free read Seaweed firm named finalist in $100m XPRIZE carbon removal competition

The four-year global contest, one of the largest incentive prizes in history, challenges innovators to create solutions that extract carbon dioxide directly from the atmosphere or oceans and sequester it

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Russia eyes bigger fish quotas after signing new four-year deal with Morocco

High Liner looks to Cape hake as bumper cod, haddock prices hit market

South Africans upgrade hake fleet to catch bumper 152,000t quota with demand strong

Former Credit Suisse banker avoids further jail time in $2bn Mozambique fraud case

Port in Maputo, capital of east Africa's Mozambique. Credit: Simon_g/Shutterstock

Spain allocates bluefin tuna in the Med, yellowfin quota in the Indian Ocean

Sea Harvest sees 16% revenue growth in ‘toughest year’ since 2017

Spanish octopus processor looks for ‘partner’ to drive growth

Morocco strengthens freshwater aquaculture regulation with new decree

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Thai exports rebound in 2024 as tuna, pet food sales surge

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Mozambique’s tuna fleet auction nears deadline amid lack of bids

Cape Verde workers demand action over Atunlo factory’s future, unpaid wages

Fishing body backs new EU commissioner’s pledge amid sector crisis

Spanish firm, Japanese tuna fleet partner to launch Canary Islands base for European incursion

Peru bonito tuna exports hit record high with sales to Ivory Coast, Spain leading the charge

free read Pirates abduct 3 Senegalese crew in Gabon, after 18 kidnapped Chinese released in Somalia

Mozambique ex-minister gets additional prison time for $2bn ‘tuna bond’ scandal

Port in Maputo, capital of east Africa's Mozambique. Credit: Simon_g/Shutterstock

Somalia’s tuna stocks still threatened by illegal fishing, report finds

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P&P-backed French tuna firm sells three purse seiners to Oman

Spanish fishing group Albacora buys tuna purse seiner from peer

Tuna prices down slightly in Bangkok, Manta as EU loin imports surge

China challenges Indian Ocean tuna quotas as yellowfin stocks rated ‘green’

Morocco to expand aquaculture with $30m in new investments

Russia’s African foray suggests it could lift pelagic catches

Gates’ foundation backs new African aquaculture network

South African tuna fishery gains MSC sustainability certification

Popular stories

Tantalizers restaurant chain poised to acquire Nigerian fishing company

The Tantalizers restaurant chain has signed a memorandum of understanding with DanBethel Marine Services, a marine and fishing enterprise based in Lagos, Nigeria

Norway pushes for stockfish inclusion in Nigeria’s zero duty list to ease food costs

Norway's ambassador to Nigeria, Svein Baera, has called on president Bola Tinubu to include stockfish in the country's 150-day duty-free importation window to help combat rising food inflation

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aquaculture

Rwanda builds fish breeding center to cut imports

South African investor buys out remaining stake in Lesotho trout farm

Ghana’s Tropo Farms secures $10m in funding to expand tilapia capacity

prices

Bangkok skipjack prices fall below Manta levels amid steady catches in Western Pacific

US Pacific hake suppliers at mercy of nature as TAC, landings diverge

Indian Ocean skipjack tuna prices fall as Bangkok, Manta climb

companies

Sea Harvest eyes more overseas M&A, set for ‘different league’ after Terrasan deal

free read Somali pirates double ransom demand to $10m for Chinese vessel with 18 crew

free read P&P’s Ivan Lopez named head of international fisheries association group

people

free read Iceland’s Samherji wins trademark case against artist behind ‘We’re Sorry’ artwork

Art student faces legal battle against Icelandic fishing giant over controversial apology artwork

Mozambique ex-finance minister convicted in US over ‘tuna bonds’ scandal

m&a

EU importer looks for investor to ‘accelerate growth’

free read Tuna fleet at center of Mozambique’s $2bn corruption scandal up for auction

Spain’s Pevasa plans another vessel sale with Atlantic fishing ‘unprofitable’

retail

Iberconsa advances fleet renewal plans in southern Africa, hake catches disappoint

US East Coast wholesaler on port standoff: ‘This strike is going to really wreak havoc’

European investor snaps up Indian Ocean-based French seafood group

processing

Spanish shrimp specialist Dimarosa reports profit surge despite revenue dip, currency woes

Russian seafood body forecasts export shift away from EU to other BRICS members

free read Russia, Angola discuss joint fish processing enterprises

fishing

Morocco’s octopus season soon kicks off with Mauritania prices high

free read Chinese fishing vessel seized by suspected pirates off Somali coast

Russia to target more fishing volumes from African waters