In a development that could reshape Ghana’s aquaculture future, Flosell Limited has initiated high-level discussions with the Ministry of Fisheries and Aquaculture on pioneering large-scale mariculture in the country.The engagement was led by the Co-Founder of Flosell Limited, Mr. Evans Kwadzo Danso, and was held with the Minister for Fisheries and Aquaculture, Hon. Emelia Arthur. Discussions focused on unlocking investment opportunities within Ghana’s fisheries sector, with particular emphasis on marine-based aquaculture.
Central to the talks was Flosell’s proposal to establish Ghana’s first commercial mariculture operation through its marine aquaculture subsidiary, Gold Coast Mariculture Limited. The proposed project seeks to farm fish in offshore marine environments, deploying advanced technology and international best practices to significantly boost domestic fish production.Highlighting the urgency of the investment, Mr. Danso noted that Ghana currently faces an annual deficit in fresh fish supply of about 700,000 metric tonnes. He explained that mariculture presents a sustainable solution to closing this gap, reducing reliance on imports, and ensuring a more stable supply of fish for local consumption and regional markets.
“This project is designed to be transformational,” Mr. Danso said. “Beyond addressing the fish deficit, it will create up to 3,000 direct and indirect jobs, stimulate coastal economies, and position Ghana as a leading mariculture hub in the West African sub-region.”
He further disclosed that the investment—expected to be the first of its kind in West Africa—will be fully financed by Flosell Limited and its Norwegian partners, with no financial burden on the government aside from the granting of the required concession and regulatory approvals.
Welcoming the proposal, Minister Emelia Arthur described the initiative as a significant boost to Ghana’s aquaculture and blue economy agenda. She highlighted the country’s strong export potential. She stressed the importance of ensuring that all research outputs associated with the project are jointly developed, jointly owned, and fully aligned with Ghana’s national development priorities.
If realized, the proposed mariculture project could mark a turning point in Ghana’s fisheries transformation—ushering in a new era of marine aquaculture, strengthening food security, creating sustainable jobs, and expanding Ghana’s footprint in regional and international seafood markets.
