The Program for Improving Fisheries Governance and Blue Economy Trade Corridors (PROFISHBLUE) covers sixteen countries in the Southern African Development Community (SADC). SADC boasts of thriving fishing enterprises with interconnected trade corridors that spans the Atlantic and Indian Oceans for centuries. Currently, the 16 member countries of SADC region boast of two large marine ecosystems (LMEs) that are abound with rich transboundary fisheries resources comprising of multiple marine commercial species of tuna, hake, squids, octopus, horse mackerel, abalone, shrimps, prawns, and lobsters. The interior land-locked regions are also home to several transboundary rivers and lakes. Despite the resource abundance owning to a large diverse species and raw material supply, the total production is very low below 3 million tonnes, which is 2% of global production. The interventions comprise of conservation planning in the natural ecosystems, fishing and harvesting strategies (from fish farms, lakes, rivers and oceans), to provision of inputs and services, processing and marketing infrastructure, as well as the provision of regional conformity assessment and standardization programs. This will promote competitiveness in the retail and wholesale fish trade as well as facilitate cross-border trade providing an estimated 250,000 direct and indirect jobs. Moreover, the project will support institutional capacity building for climate resilience through information service provisioning, climate buffers and ecosystem service synergies, and resource mobilization towards adaptation and mitigation. The project will be implemented over a 4-year period (2022-2025) with an estimated cost of UA 8.09 million.

International

African Development Bank Group

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Defence and Security Construction Energy-Power and Electrical Computer Hardwares and Consumables

19.10.2021

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