Wednesday, October 31, 2012

African fishing revenue spin vrs. the NZ reality


The Fish Site reports

Africa Exports $4 Billion in Fisheries Products

AFRICA - Fishery products account for 20 per cent of agricultural foreign sales from the continent, according to a document released at the  African Development Forum in Ethiopia.
The data was released by African news agency Panapress at the eighth African Development Forum, reports Brazil-ArabNewsAgency.According to the news agency, African fish exports generate $4.4 billion a year, an important source of income for the continent.

Actually it is a very poor result and one that Africa needs to turn around by comparison
the NZ situation  

The sector which was worth just $200 million in the 1970s yet now contributes over $1.5 billion in annual export earnings, employs more than 10,000 people and is New Zealand's fourth largest foreign exchange earner behind dairy, meat and forestry products. The seafood industry is poised to surpass the $2 billion mark in foreign earnings by 2010.
On a world scale, New Zealand makes up less than two percent of the seafood market. About 90 percent of all seafood caught here is exported.

OK we are very good at this sort of stuff actually we are the best in the world when it comes to farming, fishing.... etc. That a small country ( admittedly with a large exclusive economic zone ) with a population of just under 4.5 million should out perform continental Africa is so comprehensively is an indictment on the collective leadership of Africa.

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