P-ZW-AAF-001

Project Details
ID: P-ZW-AAF-001 Name: LAKE HARVEST AQUACULTURE PROJECT Status: Ongoing Country: Zimbabwe
Sector: Agriculture Approval date: 26-oct-2011 Task Manager: NAKYEYUNE Rita, SNOU
Total cost: 27250860
Currency: UAC
Source(s) of financing
AfDB: 5190625.73
Cofinanced: 22060159.35
Implementing Agency: LAKE HARVEST AQUACULTURE (PVT) LTD Location: Kariba

Description

The expansion of the Lake Harvest Aquaculture (LHA) fish farm on Lake Kariba, Zimbabwe. LHA is the largest vertically integrated tilapia farm in sub-Saharan Africa and will expand production from roughly 2,500 tons per annum (tpa) in 2010 to 20,000 tpa by 2015. The company produces fresh and frozen filets and whole fish that are sold on the domestic market (37% of sales in 2010) or exported to markets in southern Africa (50%) and Europe (13%). LHA complies with strict European production standards and is the only fish farming operation in Africa certified by GlobalGap, a review body that sets voluntary standards for environmentally and socially sustainable aquaculture production.