Our individual desire to build a transformational business in the agric space drove each of us to participate in the Kosmos Agritech Challenge. Brought together by that one desire, we dedicated months into exploring the agricultural space in Ghana visiting various farm sites, research institutions and agricultural development institutions. We discovered a lot of challenges, and a lot more opportunities. What struck us was how marginalised the fisheries sector was in discussions pertaining to development in agric.
Fish makes up 60% of the protein consumed in Ghana, the country has a high domestic demand for fish and has one of the highest consumption per capita in the world (20 – 25kg/year). However, the fisheries value chain is facing challenges including but not limited to logistical inefficiencies, improper cold storage, predatory buying from middlemen and lack of financial and technological support.