The initiative also seeks to reduce the Southeast’s dependence on crops traditionally associated with northern Nigeria.
In 2023, the company became the first in South Asia to secure a Sustainable US Soy licence.
The acquisition gives BiomEdit control of Folium’s Guided Biotics CRISPR-Cas technology and BiomElix One.
The facility is expected to open by the end of 2026.
The Nordic-focused fund will finance pre-seed to Series A companies developing maritime and ocean technologies.
The Yacouta project was stocked about six months before the first harvest and is part of a broader government strategy to increase domestic fish production.
Juncao contains about 18.6% crude protein and a high natural sugar content (around 7%), making it excellent for making quality silage without adding extra molasses.
The programme will focus on risks affecting ecosystems, food security, water availability and livelihoods.
This research seeks to generate evidence for healthier marine ecosystems, sustainable blue food production and improved coastal livelihoods.
The facility is expected to produce approximately 20 to 30 tonnes of giant grouper annually.