Author has 7.1K answers and 5.2M answer views Fish farming is no doubt profitable. Fish Farming in Africa. Before starting a fish farming you need to know how much you will be spending daily and your expectation at the end of each farming period. All Indian & Chinese apart from some other fish are herbivorous - means less money in input. This site uses Akismet to reduce spam. Fish farming is increasingly becoming an attractive form of aquaculture in Africa. According to the Food and Agriculture Organization of the United Nations, aquaculture continues to grow faster than other significant food production sectors. You need to validate your plans first before going into it. Alex You will spend more in feeding them so they don’t lose weight (which will affect your sale price). A few days ago, we published an article on How to start a fish farming business in Africa. We shall take you through the reasons why: Natural Sources of Fish are Over Exploited There are a lot of opportunities in the agro-industry which you don't want to miss. We’ll provide that soon. But it is worthy to mention that feed and water are the two most important elements in fish farming, feed the fish well, change the water regularly and you will enjoy fish farming. One of the biggest mistakes many fish farmers make is to start looking for buyers only when the fish is ready for sale. 4. But with great success potential to become profitable in a short period of time. Harvests and sells fish based upon a plan. Fish farming is certainly not for people who love to dress in nice suits and work on the computer, it’s more an adventurous business at the very heart of Africa’s rural communities. The answer to that question is simple, fish farming is very profitable but it takes a lot of time. The number one challenge of fish farming in Africa is feed. TradeInvestAfrica and aquaculture consultant Edward Lally report on how to start a profitable fish farming business without breaking the bank. My Idea about business especially Agro-based business is simple. You need a good, experienced and qualified fish attendant to manage your farm. After that, you can select the fish species and care them. How about poultry farming and its business plans. Information had it that Nigeria remains the biggest importer of fish in Africa. 8. Unlike pork and snail that is often forbidden (especially in East Africa), fish has gained wide consumption across various ethnic groups and religions. Its is very important you identify a potential market where you can sell profitably. 15% of all known coastal marine species are found on South Africa’s coast. The answer to this question is ambiguous, but we are going to provide some answers to it, as well as give you a comprehensive guide on how to run a profitable fish farm business in Africa. 5. How to make $2,000 a month with 25 ducks! Chris Hardwick Recommended for you. I had to pause the construction of the earthen pond and advise him to build a pen house for poulets (Layers). Employs technically-trained and knowledgeable personnel. It’s mainly found in Europe, Asia and Africa but its popularity is gaining global momentum. Africa Fish Farming is highly skilled partner for both local and international organisations, who want to produce and market farmed fish in the aquaculture sector. The longer the fish stay in the pond after they have stopped growing, the smaller the profit margin. The farm’s records are the key management tool. The business plan will highlight why they are into the business, their short and long term plans and their expectation. Now the growing trend is that people now rear them solely for commercial reasons. We can get you started with a high producing and profitable fish farm. You may ask, why did you take such a decision, is fish Farming Profitable? Prospective famers from one of these poverty-stricken communities, often unemployed or performing menial tasks for payment, undergo a two-week aquaculture beginner’s course and a two-year business development training programme at The Business Place. Some us know all relating to the compelling medium you present powerful steps on this blog and therefore strongly encourage contribution from other ones on this subject while our own child is truly discovering a great deal. The Poultry farm immediately became a success story complimenting the fish farming business. Today, there is always a market for fishes of different types. There are a lot of people living in rural areas of South Africa, who work hard, grow farm products and don’t even suspect that they could make decent amounts of money selling. Carp Fish Farming: Common carp farming is a very profitable business. 6. What would be the optimum size of fish to produce? Thanks for you honest opinion. How To Start A Successful Fish Farming Business In South Africa by How South Africa February 22, 2017, 10:35 am 1.7k Views The knowledge you need will be provided here for you to use with the planning and your application later on. Get good fish breed 5. Though this supposed to be part of the business. August 11, 2019 Mbazu Chibuzor Fish Farming 17. Some common species of the fish include silver carp, grass carp, bighead carp, black carp, common carp etc. 3. In 2014, some 71,000 South Africans were involved in fish farming, according to figures from South Africa’s Department of Environmental Affairs. The downside to this strategy is that you will only sell a smaller volume of fish at a time compared to the high volumes the middlemen buy. Fish farming, or pisciculture as it is called, is the primary form of aquaculture that involves raising fish in tanks, ponds, cages and irrigation ditches for personal use or for commercial purpose. 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