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COA targets US$10m in investments for blue food sector through innovation hub

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The Chamber of Aquaculture (COA) Ghana says it is targeting about $10million in investments for businesses in the blue food sector through the establishment of it Blue food innovation hub in ten years.

The hub is expected to serve as a platform for research, skills development, entrepreneurship, and the adoption of new technologies across the fisheries and aquaculture value chain while also mobilizing investment and facilitating pathways to address capital shortages and improve access to producers and entrepreneurs.

It will also enhance linkages to local, regional and international markets while improving standards, compliance and value addition to improve the sector’s competitiveness.

Ahead of the launch of its Blue Food Innovation Hub, the Chamber of Aquaculture Ghana engaged journalists at a media briefing on the focus and expected impact of the hub on the Aquaculture sector.

Chief Executive of the Chamber of Aquaculture Ghana, Jacob Adzikah, said the establishment of the hub forms part of broader efforts to strengthen the inland aquaculture sector, enhance food security, increase productivity, and create jobs, particularly for young people.

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“The hub will address some of the gaps or challenges such as limited access to finance and markets, minimal adoption of technology and low knowledge gap for players. The hub will transform the blue food sector specifically inland aquaculture sector and provide small businesses in the sector who are struggling to scale up with resources to grow”, he stated.

He also explained that the Blue Food Innovation Hub will bring together industry players, researchers, startups, development partners, and investors to collaborate on solutions that address challenges such as input costs, climate resilience, and market linkages.

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The Chamber also indicated that the hub will promote sustainable aquaculture practices, encourage value addition, and support the commercialization of innovations that can improve efficiency and competitiveness in the sector.

The Chamber believes the initiative will position Ghana as a leader in blue food development in the sub-region while contributing meaningfully to economic growth and nutritional outcomes.

The Blue Food Innovation hub will be launched on Wednesday 25th February, 2026 in partnership with the World Economic Forum and is expected to attract policymakers, private sector stakeholders, academia, and development organizations.

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DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.


Source: www.myjoyonline.com
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