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© 2023 Advance Africa. All rights reserved.
Advance Africa was contracted by The World Bank Group to develop a The Global Aquabusiness Investment Guide. The Guide is a key component of the AquaInvest Platform - a knowledge sharing platform that is funded by PROBLUE and is a joint undertaking amongst World Bank Group teams, clients and partners.
The Guide was formulated through a combination of 1) desktop-based reviews of the existing frameworks and best practices for aquaculture development and management, 2) a review of global case studies representing successes, challenges and lessons learnt in aquaculture investment and aquabusiness development, and 3) comprehensive stakeholder engagements with a variety of aquaculture industry actors. Through these activities, the needs of the intended users of the Guide, and commonalities driving sustainable aquabusiness development, were identified.
The Guide describes the necessary requirements and enabling factors that need to be in place to stimulate aquaculture investment and business growth that is socially, environmentally, and economically sustainable. The Guide is global in its geographic scope, and applies to all major aquaculture species groups, production systems and production scales. It encompasses activities along the entire value chain, from primary production to supporting industries and services and the production of aquatic non-food products. It can be used and adapted by a diverse range of actors including national governments, private and public sector investors, private aquaculture operators seeking investment (most importantly SMEs), development partners, NGOs, donors, research organisations and other stakeholders working on aquaculture, climate change, socio-economic, and environmental issues. Importantly, the Guide is a publicly accessible “living document” that will be updated periodically as new learnings emerge.
You can access the current edition of the Guide at: https://documents.worldbank.org/en/publication/documents-reports/documentdetail/099051424100040397/p5031171986f9e0bc1ba561d4aebd9fcca9