This volume, the second of three on commercial aquaculture in sub-Saharan Africa, discusses access to investment capital, one of the major obstacles to the development of a sustainable commercial aquaculture in this region. Among the key problems, are the excessively high interest rates on loans; bankers' perceptions that the industry is prone to failure; the lack of understanding by farmers of the financial options available, and limited information about other commercially successful aquaculture enterprises in this area. The study argues that banks need to take a less pessimistic view of the commercial viability of such enterprises, but that borrowers should also learn to formulate and develop a clear business plan, outlining how they intend to repay the loans requested. A number of options are available to improve the situation. Such as "no-collateral" strategies, through group lending, village banks and solidarity groups, that would persuade lenders of the committment of the those wishing to set up a commercial aquaculture business. Overall a need for legal and regulatory reform, along with the institution of government loan guarantees could help develop and improve the options for a commercially viable aquaculture business.

Volume 3. This document identifies elements of a legislation that will encourage the emergence of a sustainable commercial aquaculture. The aquaculture law of an individual country must provide the operator with a secure right to conduct aquaculture operations, to the property on which the farm will be located, to good quality water and to the produce. It must also ensure environmental sustainability, through permit or licence systems, without imposing unnecessary costs on applicants. Only proposals with the potential for serious environmental harm should be subjected to a full environmental impact assessment. Environmental supervision must extend to controls over the use of exotic species and products from modern biotechnology including genetically modified organisms, disease control and health management and to any water quality concerns created by the proposed project. To minimise costs, countries are encouraged to adopt a single window approach for the numerous approvals usually required for an aquaculture operation and screen initial applications. They could also consider creating a single agency to promote aquaculture and to monitor the progress of applications. Aquaculture regimes of selected African countries are measured against the elements required to encourage sustainable commercial aquaculture, and improvements that are applicable to all countries in sub-Sahara are suggested.

This study considers the elements of a legal framework designed to promote a sustainable commercial aquaculture. These relate to: a secure right to property and clean water; avoidance of unnecessary costs; and a licence system, including a system for environmental impact assessments and enforcement of codes of practice. Environmental supervision should extend to: controls over the use of exotic species and products from modern biotechnology. These include genetically modified organisms, disease control and health management, and to any water quality concerns created by the proposed project. The study analyses the aquaculture industries of Madagascar, Malawi, Mozambique, Nigeria and Zambia against these criteria. Improvements in legislation applicable to the individual countries, but which require consideration by all sub-Saharan countries are then suggested.

This publication contains the report of a workshop, held in Zambia in October 2002, organised to consider the role of commercial aquaculture in helping to secure poverty alleviation through the promotion of regional economic growth, employment opportunities and food security. Recommendations made include the need for clear national policies for commercial aquaculture development, defining models for economic and financial viability assessments to be applied by funding institutions, and disseminating research findings to farmers and information sharing at all levels of aquaculture development.

Volume 3. This document identifies elements of a legislation that will encourage the emergence of a sustainable commercial aquaculture. The aquaculture law of an individual country must provide the operator with a secure right to conduct aquaculture operations, to the property on which the farm will be located, to good quality water and to the produce. It must also ensure environmental sustainability, through permit or licence systems, without imposing unnecessary costs on applicants. Only proposals with the potential for serious environmental harm should be subjected to a full environmental impact assessment. Environmental supervision must extend to controls over the use of exotic species and products from modern biotechnology including genetically modified organisms, disease control and health management and to any water quality concerns created by the proposed project. To minimise costs, countries are encouraged to adopt a single window approach for the numerous approvals usually required for an aquaculture operation and screen initial applications. They could also consider creating a single agency to promote aquaculture and to monitor the progress of applications. Aquaculture regimes of selected African countries are measured against the elements required to encourage sustainable commercial aquaculture, and improvements that are applicable to all countries in sub-Sahara are suggested.

This volume, the second of three on commercial aquaculture in sub-Saharan Africa, discusses access to investment capital, one of the major obstacles to the development of a sustainable commercial aquaculture in this region. Among the key problems, are the excessively high interest rates on loans; bankers' perceptions that the industry is prone to failure; the lack of understanding by farmers of the financial options available, and limited information about other commercially successful aquaculture enterprises in this area. The study argues that banks need to take a less pessimistic view of the commercial viability of such enterprises, but that borrowers should also learn to formulate and develop a clear business plan, outlining how they intend to repay the loans requested. A number of options are available to improve the situation. Such as "no-collateral" strategies, through group lending, village banks and solidarity groups, that would persuade lenders of the committment of the those wishing to set up a commercial aquaculture business. Overall a need for legal and regulatory reform, along with the institution of government loan guarantees could help develop and improve the options for a commercially viable aquaculture business.

The subregional workshop was aimed at facilitating greater understanding of the issues involved in creating the required enabling environment for sustainable aquaculture development in the Lesser Antilles. Following the sharing of national experiences and the presentation of selected case studies on ongoing subregional aquaculture activities, the issues that have constrained past aquaculture development activities were discussed. The participants recognized the diversities in both the scale and success of past aquaculture activities in the subregion and identified the constraints to and opportunities for sustainable aquaculture development in the subregion.--Publisher's description.

Complementing Module 1 on the technical dimension of commercial aquaculture, this training module looks at the economic aspects of aquaculture development and discusses sustainability and business planning. It provides guidance for small- and medium-scale fish farmers on assessing the economic and financial viability of their fish farms, including the technicalities of cost structure and cash flow analyses.

Published in Cooperation with THE UNITED STATES AQUACULTURE SOCIETY As aquaculture production continues to grow and develop there is a continuous search for new species to culture to be able to fully exploit new national and international markets. Species selection for aquaculture development often poses an enormous challenge for decision makers who must decide which species and culture technologies to support with public resources, and then how best to divide those resources. Species and System Selection for Sustainable Aquaculture brings together contributions from international experts with experience in identifying potential species and production systems for sustainable aquaculture with a socioeconomic focus. The book is divided into three sections: Principles, Practices, and Species-Specific Public Policy for Sustainable Development. An outgrowth of a workshop held as part of the Aquaculture Interchange Program with examples from around the globe carefully edited by PingSun Leung, Pat O'Bryen, and Cheng-Sheng Lee this volume will be an important reference for all researchers, professionals, economists, and policy-makers involved in selecting new species for the development of sustainable aquaculture.