Author name: SEVEN777

How Victory Farm took full control of fish supply chain

MEDIA & IMPACT /

When Joseph Rehmann started his aquaculture company, the biggest hurdle was finding employees. Together with his partner, the Victory Farms co-founder decided to create a pipeline of qualified workers for their fish business in Homa Bay County. “The aquaculture industry was small and couldn’t provide a big talent pool of trained professionals. We had to focus on training first,” he talks of the business when it started eight years ago. Because their business involves fish […]

How Victory Farm took full control of fish supply chain Read More »

Kenya’s Victory Farms nets $5m as it edges towards precision fish farming

MEDIA & IMPACT /

May 27, 2022 Kenyan aquaculture company Victory Farms, East Africa’s largest commercial fish farmer, has raised $5 million in equity funding to expand its operations into Rwanda, Tanzania and the Democratic Republic of Congo (DRC). The round was led by two angels, managing director of Bain Capital Ed Brakeman, and Hans den Bieman Director of Sealand Aquaculture. He is the former CEO of Mowi (formerly Marine Harvest), the largest producer of farmed salmon globally. Also participating in the round was another

Kenya’s Victory Farms nets $5m as it edges towards precision fish farming Read More »

Impact investor DOB Equity, invests in East African fish farm, Victory Farms.

MEDIA /

November 2020 DOB Equity, a Dutch family office, it investing in Victory Farms, East Africa’s largest commercial fish farm to allow the firm to scale up its production capacity and expand its reach across the Kenyan market. By investing in Victory Farms, the Private Equity fund with offices in Kenya and the Netherlands will be seeking a slice of estimated USD 500 million Kenyan fish market  Read more…

Impact investor DOB Equity, invests in East African fish farm, Victory Farms. Read More »

Open Roads’ bridge loans aid social enterprises battered by Covid-19

MEDIA /

July 2020 COVID-19 provided an opening for Kenya’s fish-farming industry. Chinese tilapia imports have long dominated the market, but health fears and trade bottlenecks have allowed for local farms to gain market share. Local fish producers, including Victory Farms, Kenya’s largest, needed funds to quickly scale-up production. Open Road is among the lenders that gave the industry a boost. Read more…

Open Roads’ bridge loans aid social enterprises battered by Covid-19 Read More »

How not to rely on China for fish supply.

MEDIA /

July 2020 Located at the offshore of Roo beach in Homa Bay county, Victory Farms is destined to supplement the tilapia shortage in the country, while changing the lives of locals. The farm covers 216 acres. It produces its own tilapia in hatcheries, rearing the fingerlings in their ponds, then after some time transferring to cages which cover 56 acres of the lake, 1.5km from the Roo offshore. Read more…

How not to rely on China for fish supply. Read More »

Victory Farms is sub-Saharan Africa’s fastest growing fish farm. The company’s founders, Joe and Steve, put their first cages in the water

Facebook Linkedin Instagram

All Right Reserved