- 17:00Israel vows to strike Iran again if threatened, defense minister warns
- 16:20Morocco sees record 8.9 million tourists in first half of 2025
- 15:50Morocco aims to secure five-month wheat stock amid price drop
- 15:20Macron and Starmer to sign historic nuclear deterrence pact
- 14:50Chemsedine Talbi completes Sunderland move after stellar Club Brugge season
- 14:20Police in Marrakech detain Algerian-French suspect wanted by Interpol
- 13:30EU unveils stockpiling plan to prepare for crises and conflict
- 12:50Spain eases lockdowns as firefighters stabilize Catalonia forest blaze
- 12:20Spaniards favor China over the US in shifting global perceptions
Follow us on Facebook
Morocco Invests $30 Million to Expand Sustainable Aquaculture Sector
Morocco is taking significant steps to strengthen its aquaculture industry with a substantial new investment package. The National Agency for Aquaculture Development (ANDA) has announced the approval of 300 million Moroccan dirhams ($30 million) split between two funding programs aimed at developing the country's blue economy.
The investment initiative focuses on fostering competitive aquaculture operations while creating diverse economic opportunities within the sector. ANDA's comprehensive strategy includes supporting innovative projects, enhancing infrastructure development, and providing assistance to private investors interested in establishing new aquaculture farms.
Recent years have seen considerable growth in Morocco's aquaculture sector, driven by proactive government policies. The newly approved funding is designed to address increasing market demand for aquaculture products while maintaining strict environmental compliance.
Central to the initiative is Morocco's commitment to marine resource preservation. The investment programs emphasize building a sustainable and competitive aquaculture industry that prioritizes the protection of marine ecosystems, balancing economic development with environmental stewardship.