The acquisition will expand Cermaq’s operations in regions where it already has a presence, Finnmark and British Columbia, and introduce it to the Newfoundland market.
The plans are part of a broader plan to strengthen domestic fish production and reducing the country’s reliance on imports, usually averaging 833,000 tonnes annually.
The Shimoni port project is one of the key development projects in the authority’s 30-year master plan and aims to improve Kenya’s marine competitiveness as an investment hub.
This compensation will only be available to farms located in the officially regulated zones and directly impacted by the disease control efforts during the outbreak period.
The feed will be tailored for New Zealand’s king salmon and will play a critical role in advancing open-ocean farming, most notably at the country’s first open-ocean salmon farm, Blue Endeavour.
The deal, announced on July 10, is expected to reinforce vaccine production and disease response capabilities across sub-Saharan Africa, although financial terms remain undisclosed.
Loopworm has developed a novel biomanufacturing process that leverages silkworms as living factories for producing recombinant proteins.
The plant is designed to manufacture nine feed formulations tailored to meet specific nutritional needs across different stages of bird development.
The poultry sector is increasingly seen as a viable path to economic inclusion, though its long-term success may depend on consistent investment and farmer support systems.
The facility is intended to improve poultry health, support higher output, and reduce the environmental impact typically associated with conventional rearing methods.