Fish breeding

Fish breeding

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Fish breeding
Fish breeding
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SectorMost major industry classification systems use sources of revenue as their basis for classifying companies into specific sectors, subsectors and industries. In order to group like companies based on their sustainability-related risks and opportunities, SASB created the Sustainable Industry Classification System® (SICS®) and the classification of sectors, subsectors and industries in the SDG Investor Platform is based on SICS.
Food and Beverage
Food and Agriculture
Expected Impact

Improve food availability and nutritional quality through sustainable protein sources

How is this information gathered?
Updated: 30 Aug, 2022 Date of Production: 1 Feb, 2021
Ghana
Indicative ReturnDescribes the rate of growth an investment is expected to generate within the IOA. The indicative return is identified for the IOA by establishing its Internal Rate of Return (IRR), Return of Investment (ROI) or Gross Profit Margin (GPM).
20% - 25% (in IRR)
Investment TimeframeDescribes the time period in which the IOA will pay-back the invested resources. The estimate is based on asset expected lifetime as the IOA will start generating accumulated positive cash-flows.
Long Term (10+ years)
Market SizeDescribes the value of potential addressable market of the IOA. The market size is identified for the IOA by establishing the value in USD, identifying the Compound Annual Growth Rate (CAGR) or providing a numeric unit critical to the IOA.
USD 100 million - USD 1 billion
Direct ImpactDescribes the primary SDG(s) the IOA addresses.
Zero Hunger (SDG 2) Decent Work and Economic Growth (SDG 8) Life Below Water (SDG 14)
Indirect ImpactDescribes the secondary SDG(s) the IOA addresses.
No Poverty (SDG 1) Good health and well-being (SDG 3) Industry, Innovation and Infrastructure (SDG 9)

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Sector Sources
  • (I) World Bank database. https://data.worldbank.org/ (II) IHS Markit. Comparative Industry Forecast Tables, Agriculture, ISIC Classification Rev. 4. (III) Republic of Ghana (2017). Medium-Term National Development Policy Framework: An Agenda for Jobs: Creating Prosperity and Equal Opportunity for All (First Step) 2018-2021. https://s3-us-west-2.amazonaws.com/new-ndpc-static1/CACHES/PUBLICATIONS/2018/08/23/Medium-term+Policy+Framework-Final+June+2018.pdf (IV) Sachs, J., Schmidt-Traub, G., Kroll, C., Lafortune, G., Fuller, G., Woelm, F. 2020. The Sustainable Development Goals and COVID-19. Sustainable Development Report 2020. Cambridge: Cambridge University Press. (V) Ministry of Food and Agriculture (2018). Investing For Food and Jobs (IFJ): An Agenda for Transforming Ghana’s Agriculture (2018-2021). https://mofa.gov.gh/site/images/pdf/National%20Agriculture%20Investment%20Plan_IFJ.pdf (VI) Send Ghana (2014). Women and Smallholder Agriculture in Ghana - Policy Brief 2014. https://www.sendwestafrica.org/phocadownload/Women%20and%20Smallholder%20Agriculture%20in%20Ghana%20Policy%20Brief%20-%20Copy.pdf
IOA Sources
  • (1) Ghana Investment Promotion Centre (2017). Doing business in Ghana - To Know and Invest in Ghana. (2) Serpa, D. and Duarte, P. (2017). Impacts of Aquaculture and Mitigation Measures. Global Science Books. http://www.globalsciencebooks.info/Online/GSBOnline/images/0812/DBPBMB_2(SI1)/DBPBMB_2(SI1)1-20o.pdf (3), (4), (5) Martinez-Porchas, M. and Martinez-Cordova, L. (2012). 'World Aquaculture: Environmental Impacts and Troubleshooting Alternatives'. Scientific World Journal. https://www.ncbi.nlm.nih.gov/pmc/articles/PMC3353277/ (6) Ghana Statistical Service (2020). Production of Agriculture Statistics. https://statsghana.gov.gh/nationalaccount_macros.php?Stats=MjM3NTIyNzgzMy44ODU=/webstats/985rp49861 (7), (8), (17) Amenyogbe, E., Chen, G. and Wang, Z. (2018). 'A Review of Ghana’s Aquaculture Industry'. Journal of Aquaculture. https://www.longdom.org/open-access/a-review-of-ghanas-aquaculture-industry-2155-9546-1000545.pdf (9) Food and Agriculture Organization of the United Nations (2016). Fishery and Aquaculture Country Profiles: Republic of Ghana. http://www.fao.org/fishery/facp/GHA/en (10), (11) Jamu, D. and Brummett, R. (2004). Use of genetically improved and alien species for aquaculture and conservation of aquatic biodiversity in Africa. (12), (13), (14) Amenyogbe, E., Chen, G. and Wang, Z. (2018). 'A Review Of Ghana’s Aquaculture Industry'. Journal of Aquaculture. https://www.longdom.org/open-access/a-review-of-ghanas-aquaculture-industry-2155-9546-1000545.pdf (15) Hasselerg, A., Aakre, I. and Scholtens, J. (2020). 'Fish For Food And Nutrition Security In Ghana: Challenges And Opportunities'. Global Food Security. https://www.sciencedirect.com/science/article/pii/S2211912420300341 (16) Worldometers (2020). Ghana Population 2020. https://www.worldometers.info/world-population/ghana-population/ (18) Asiedu, B. (2017). 'Prospects and Sustainability of Aquaculture Development In Ghana, West Africa'. Cogent Food & Agriculture. https://www.tandfonline.com/doi/full/10.1080/23311932.2017.1349531 (19) Ministry of Fisheries and Aquaculture Development Fisheries Commission (2015). Fisheries Management Plan of Ghana 2015-2019. https://www.crc.uri.edu/download/GH2014_POL005_FC_FisheriesMgtPlan2016.pdf (20) Ghana Statistical Service (2020). Rebased GDP Quarterly Bulletin. https://statsghana.gov.gh/nationalaccount_macros.php?Stats=MjkwMzA1NjI0LjE0MTU=/webstats/oq43q9p651 (21) Statista (2020). Ghana - Population Growth 2019. https://www.statista.com/statistics/447519/population-growth-in-ghana/#:~:text=In%202019%2C%20Ghana's%20population%20increased,compared%20to%20the%20previous%20year (22) Ministry of Fisheries and Aquaculture Development (2019). Medium Term Expenditure Framework (MTEF) For 2019-2022. https://www.mofep.gov.gh/sites/default/files/pbb-estimates/2019/2019-PBB-MOFAD.pdf (24) Ghana Statistical Service (2020). Ghana Census Of Agriculture 2017/2018. National Report.https://statsghana.gov.gh/gssmain/fileUpload/pressrelease/Final%20Report%2011%2011%202020%20printed%20version.pdf (25), (29) Wambua, M.M. (2015). A Cost–Benefit Analysis of the Fish Farming Enterprise Productivity Program Project in Kenya. The Case of Implementation of the Aquaculture Development Component in Meru County. United Nations University. https://www.grocentre.is/static/gro/publication/351/document/moses15prf.pdf (26), (30) Salia, A.M.J. (2008). 'Economic analysis of small-scale tilapia aquaculture in Mozambique'. Institute Nacional de Desenvolvimento de Aquacultura. https://www.yumpu.com/en/document/read/36178964/economic-analysis-of-small-scale-tilapia-aquaculture-in-mozambique (27), (31) Namonje-Kapembwa, T. and Samboko, P. (2020). 'Is aquaculture production by small-scale farmers profitable in Zambia?' Indaba Agricultural Policy Research Institute. https://academicjournals.org/journal/IJFA/article-full-text-pdf/556442662883 (28) Anokyewaa, M.A. and Asiedu, B. (2019). 'Economic Analysis of Small-Scale Aquaculture Enterprise in Ghana; a Case Study of Sunyani Municipality'. Asian Journal of Fisheries and Aquatic Researchhttps://www.journalajfar.com/index.php/AJFAR/article/download/30031/56347/ (29) Ministry of Fisheries and Agriculture (2002). Fisheries Act 2002 (Act 625). Republic of Ghana. https://www.mofad.gov.gh/wp-content/uploads/2016/05/Fisheries-Act-2002-Act-625.pdf (30) Ministry of Fisheries and Agriculture (2010). The Fisheries Regulations 2010 (L.I. 1968). Republic of Ghana. https://www.mofad.gov.gh/wp-content/uploads/2016/05/Fisheries-Regulations-2010.pdf (31) Ministry of Fisheries and Agriculture (2014). Fisheries Amendment Act 2014. Republic of Ghana. https://mofad.gov.gh/wp-content/uploads/2016/07/FISHERIES-AMENDMENTACT2014.pdf (32) Ministry of Fisheries and Agriculture (2015). Fisheries Amendment Regulations 2015. Republic of Ghana. https://mofad.gov.gh/wp-content/uploads/2017/05/FISHERIES-AMENDMENT-REGULATIONS-2015-L.I.-2217.pdf (33) National Development Planning Commission (2014). Ghana Shared Growth Development Agenda II (GSGDA II) (2014–2017). Republic of Ghana. http://extwprlegs1.fao.org/docs/pdf/gha152510.pdf (34) Ministry of Food and Agriculture (2018). Investing For Food And Jobs (IFJ): An Agenda For Transforming Ghana’S Agriculture (2018-2021). http://mofa.gov.gh/site/images/pdf/National%20Agriculture%20Investment%20Plan_IFJ.pdf (35) Ministry of Food and Agriculture (2012). Ghana National Aquaculture Development Plan 2012-2016 (GNADP). Republic of Ghana. http://extwprlegs1.fao.org/docs/pdf/gha149443.pdf (36) Ministry of Fisheries and Aquaculture Development (2015). Fisheries Management Plan Of Ghana. A National Policy For The Management Of The Marine Fisheries Sector 2015-2019. Republic of Ghana. https://www.crc.uri.edu/download/GH2014_POL005_FC_FisheriesMgtPlan2016.pdf (37), (38), (39) KPMG (2020). Doing Business In Ghana.https://assets.kpmg/content/dam/kpmg/gh/pdf/gh-Doing-Business-in-Ghana-2020.pdf (40) National Development Planning Commission (2014). Ghana Shared Growth Development Agenda II (GSGDA II) (2014–2017). Republic of Ghana. http://extwprlegs1.fao.org/docs/pdf/gha152510.pdf; Mapfumo, B. (2011). An Overview of Desert Aquaculture In Southern Africa. FAO. http://www.fao.org/3/ba0114e/ba0114e07.pdf (42) Ministry of Fisheries and Aquaculture Development (2021). MoFAD at a glance. https://www.mofad.gov.gh/about-mofad/mofad-at-a-glance/ (43) Ministry of Fisheries and Aquaculture Development (2021). Fisheries Commission at a glance. (44) Environmental Protection Agency (2021). Objectives and functions. http://www.epa.gov.gh/epa/about/objectives-functions