Salmon farming gets N$40 million shot in arm
Namibian investment company Omankete Investments has invested N$40 million in African Aquaculture Company’s (AAC) pioneering offshore salmon farming project near Lüderitz. Omankete is the first private Namibian investor in the venture. The investment comes as Namibia moves ahead with plans to establish its first salmon farming industry and increase local participation in the sector. AAC […] The post Salmon farming gets N$40 million shot in arm appeared first on The Namibian .
Namibian investment company Omankete Investments has invested N$40 million in African Aquaculture Company’s (AAC) pioneering offshore salmon farming project near Lüderitz.
Omankete is the first private Namibian investor in the venture.
The investment comes as Namibia moves ahead with plans to establish its first salmon farming industry and increase local participation in the sector.
AAC announced the investment last week, with country director Clement Kaukuetu welcoming the move.
He said it shows Namibians are becoming active participants in the industry alongside international partners.