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Zambian president pushes for fast-tracking of fisheries fund

Share Zambian President Edgar Lungu has directed the country’s fisheries minister to submit a memorandum on establishing a fisheries and aquaculture development fund in line with Fisheries Act No. 22 – nearly 14 years since it was first introduced. The fund was initially proposed in 2007 when the Zambian government passed the Fisheries (Amendment) Act that focused on enhancing the involvement of riparian communities in fisheries management. The move was meant to promote the development of the aquaculture sector, according to a report by the World Bank and World Fish Center. “The fund is to be supported by resources appropriated by government, with 50 percent of funds to be collected from fishing and aquaculture licenses and other fees applicable under the law,” the report said.

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