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Originally published by Capital Business
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business
February 24, 2026
7h ago

Namibia eyes salmon farming to boost high value exports

Namibia eyes salmon farming to boost high value exports

Globally, salmon is among the most traded and consumed fish species, commanding premium markets in Europe, Asia, and North America, she said, noting that Namibia's cold Benguela Current system, stable governance, and investor-friendly policies give the country a competitive advan..

✨ Key Highlights

Namibia is poised to develop a salmon farming industry as a new engine for industrialization and a sustainable blue economy, aiming to transition from traditional fishing to high-value aquaculture.

  • The initiative seeks to stimulate foreign direct investment, create jobs, and increase export revenues by developing a domestic salmon value chain.
  • Deputy Minister of Agriculture, Fisheries, Water, and Land Reform Ruthy Masake highlighted the opportunity during a conference titled “Unlocking Namibia’s Salmon Industry.”
  • Namibia's cold Benguela Current, stable governance, and investor-friendly policies provide a competitive advantage for salmon aquaculture, which is globally sought after in premium markets.

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