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Young Ivorians fishing big profits out of small ponds

ABIDJAN: Mathieu Djessan looks over the four-hectare expanse of fish ponds with satisfaction. The aquaculture enterprise the 29-year-old runs here near the town of Tiassalé in southern Côte d'Ivoire is quickly proving profitable.

By Fulgence Zamblé

9 Apr 2012

"When we harvest them in May, it will be our third batch of fish in 13 months. We sold the first two lots to reach maturity between December 2011 and February 2012: 5,500 carp and 4,900 catfish. Despite major losses of fry - juvenile fish - we pocketed more than five million francs CFA (around 10,000 dollars)," Djessan told IPS.

Djessan manages three fish ponds along with three friends, here 120 kilometres northwest of the Ivorian commercial capital, Abidjan. Each pond holds 6,000 carp and catfish, growing fat on rice bran.

The four partners started the project with money they scraped together between them, combined with 4,000 dollars borrowed from several private benefactors. They say they've already repaid their debt.

Read the full article on http://ipsnews.net.