The Industrial Promotion Fund (FPI) awarded a grant of US $ 687,153 to the International Institute of Tropical Agriculture (IITA). The signing of the contract between the two parties took place on July 5, 2019 in Bukavu. This marks another step towards the materialization of the cage fish aquaculture project on Lake Kivu.
Indeed, this subsidy contract supports young tilapia cage aquaculture farmers in the province of South Kivu. The project, which is among the 13 funded by the FPI, is in line with President Felix Antoine Tshisekedi Tshilombo’s 100-day emergency program.
It will include the acquisition of breeding cages, the fish feed manufacturing unit, a cold room, a van, small equipment and production equipment and working capital.
The FPI represented by its director in charge of the projects, André Ilali Lukoji on the one hand, and the IITA represented by its general manager Emanuel Nteranya Sanginga on the other hand have affixed their respective signatures on the grant agreement.
At this meeting, the REIT presented a $ 109,000 bank security as a down payment of $ 687,153 to mark the effective start of this interinstitutional collaboration aimed at achieving a visible impact project in the short term. and fast in youth entrepreneurship.
It should also be noted that this interinstitutional partnership also involves various institutions, in particular the Higher Institute for Rural Development (ISDR-Bukavu), the Higher Pedagogical Institute of Bukavu (ISP-BUKAVU) and the National Aquaculture Service (SENAQUA).
This collaboration aims at sustaining this intervention of the FPI in the supervision, support and employment of young people. This is just a pilot project.
The objective of the REIT is to contribute to the revitalization of the fish sector through the extension of this aquaculture technique to the national level, in order to allow more Congolese to obtain fresh local fish at affordable prices and the creation of youth employment.
Emilie MBOYO
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