The government has announced the launch of the Aquaculture Development Fund to enhance access to finance and accelerate research and innovation across the aquaculture value chain.
Speaking on Thursday, October 30, 2025, at the Aquaculture Ghana 2025 Conference, Vice President of Ghana, Prof. Jane Naana Opoku-Agyemang, said the initiative has become necessary given the sector’s potential to boost the economy and create significant employment opportunities.
She added that under the 24-Hour Economy policy, key areas within the agricultural sector will be targeted to further strengthen economic growth.
“As stipulated in the act, the government will launch the Aquaculture Development Fund. And this fund should enhance access to finance, support infrastructure, accelerate research, enable technology transfer and innovation across the value chain.
“Aquaculture naturally aligns with our 24-hour economy initiative, which aims to stimulate continuous production, create decent jobs, and prioritise national productivity. The sector’s operations, including hatcheries, feed mills, cold storage, processing plants, and marketing, lend themselves to round-the-clock activity,” she said.
The Vice President also revealed that the Commission is currently piloting the local production of fish feed in Ghana.
“The Fisheries Commission is currently field testing the production of feed of fit fish, both locally, especially using raw materials. This is very important because it opens another avenue for job creation. And government is also designing a one-stop aquaculture licensing regime to simplify regulatory processes, reduce costs and promote compliance,” she said.
