ABOUT US
iFishFarm (iFF) raises pure Nile Tilapia fish in a carefully monitored environment on Bugala Island in Lake Victoria, Uganda. Our mission is to contribute to the high demand for protein-rich healthy food in the region, offering a quality product with the passion of the local communities we operate with and through an employee co-owned farm. iFF originated from a program focused on initiating and developing inclusive businesses, contributing to the Social & Economic well-being of low income groups and a focus on vulnerable women. Established in 2015 the company has secured a license to realize a commercial fish farming operation while nurturing the ecosystem and environment of Mweena Bay. iFF aims to be a leading commercial fish farm that supplies quality and protein-rich food products from its Tilapia farm to the regional markets at a competitive price for end consumers. iFF is focused on maximizing value for the people, the communities and the environment it operates in.
MANAGEMENT & TEAM
OUR PEOPLE
iFishFarm management and board bring together young entrepreneurs, experienced professionals with corporate backgrounds, inclusive & sustainable business development skills. The company’s technical team blends local fish farm experiences with international standards in aquaculture, involving top-ranked consultants thanks to iFF’s ability to attract skilled and motivated individuals sharing the same vision.
Selected and trained from the local communities, so far iFishFarm has employed mostly vulnerable women in the roles of qualified Aquaculture Assistants. Highly motivated and engaged, they operate our initial production units. Thanks to iFF’s unique inclusive model, employees are further stimulated by the chance of receiving share awards under iFishFarm Employees Shares Incentive Plan.
OPPORTUNITY
In East Africa, Lake Victoria wild fisheries represent a major source of vital protein food and have been generating income to communities living in the region. Unfortunately, over the last ten years, there is evidence of a decline in wild fish stock caused by a range of environmental degradations and illegal fishing activities. Rising unemployment and declining income are also experienced by fishermen and people living on the islands in Uganda. Ongoing growth of demand for fresh fish locally, regionally and internationally, calls for sustainable aquaculture to augment fish production and create employment, and as such fish farming it was identified as a viable opportunity.