The Aquaculture Development Association of Zambia (ADAZ) says the continued investment and release of funds in the aquaculture sector will go a long way in alleviating poverty in the country.

Association Chairperson Fisho Mwale told Money FM News in an interview that the move will also increase fish production thereby reducing the deficit.
Mr. Mwale said this is also bringing a number of citizens into mainstream aquaculture activities, which will result into job creation and increased nutrition for citizens who require cheap fish proteins.
“This continued investment and continued release of funds is awesome, it means that we are slowly increasing towards increased fish production and thereby decreasing the deficit.”
“However, most importantly it is bringing a lot of Zambians into mainstream aquaculture activities, which means poverty alleviation, job creation, and increased nutrition for citizens who require cheap proteins especially from fish,” Mr. Mwale said.
He also commended the Citizen Economic Empowerment Commission (CEEC) for conducting the disbursement of aquaculture seed funds in a transparent and equitable manner as a number of people from all over Zambia have benefited.
“So we are very happy at the activities and we are very happy too with the manner in which the CEEC has been conducting its disbursement, it has been transparent and also equitable since its a number of people from all over Zambia, who have benefited,” he stated.
Mr. Mwale’s comment comes in the wake of the recent release of US$29 million by the Ministry of Fisheries and Livestock for the implementation of the Aquaculture Seed Fund under the Zambia Aquaculture Enterprise Development Project (ZAEDP).
The Aquaculture Seed Fund is being administered by the Citizens Economic Empowerment Commission (CEEC) and will benefit more than 3, 000 entrepreneurs along the fish value chain in all the ten provinces of Zambia.