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» 20.11.2010 - Improved outlook for Gabon economy
» 15.11.2010 - Gabon nets US$1.7bn Singaporean investments
» 26.07.2010 - Gabon ecotourism site "abandoned"
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» 15.04.2010 - Gabon striking workers unmoved by govt call
» 30.03.2010 - Chinese merchant refused exit from Gabon
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» 29.10.2009 - Embezzlement case against Africa trio overturned

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Economy - Development

Efforts to boost fisheries in Gabon

afrol News, 14 July - Gabon is a fish-rich country that still has to import to meet its own needs. A new national strategy and fish monitoring services are to turn this tide and aid local fishermen in boosting their income.

In an effort to boost responsible commercial fishing as a key source of income and food for developing countries, the UN's Food and Agriculture Organisation (FAO) today announced a new project to promote the industry in Gabon, a fish-rich West African country that now has to import to meet its own needs.

With US$ 270,000 in FAO support, Gabonese fishery officials are to streamline procedures to assess and monitor Gabon's fishery resources and create a national strategy to promote the sector.

- We hope this new project will help Gabon build up its fishing sector in a sustainable manner, adding jobs to the local economy and increasing the supply of marine fish also on the local market, said FAO's Ulf Wijkström, who will help oversee the project.

The agency noted that recent figures show that net revenues from the fish trade (exports minus imports) by developing countries have reached US$ 17.7 billion - a sum larger than that earned from their exports of tea, rice, cocoa and coffee combined.

In Gabon, small-scale artisanal fishing provides many with income and food, but most modern commercial fishing is conducted by foreign vessels. Just 10 to 20 percent of the crews on those ships are Gabonese, and due to poor port infrastructure most vessels offload their catches in other countries, meaning jobs lost in related sectors like fish processing.

At the same time, Gabon's yearly fish production, estimated at between 40,000 and 50,000 tons, falls short of national demand. Each year the country imports over 7,000 tons of fish products, FAO said. A main barrier to developing Gabon's fishing industry has been the difficulty of maintaining a focused development strategy.

The new project is set to strengthen monitoring, assessing and reporting on fish stocks, suggest ways to create fish-processing centres and related industries to boost earnings, analyse service and infrastructure gaps in Gabon's ports with an eye to upgrading them and develop strategies for attracting investors to the country's fishing sector, FAO reports.

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