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GSI Awarded Grant From the Bill & Melinda Gates Foundation to Support Development of Sustainable Aquaculture in Africa

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December 19, 2024, London, UK: Global Salmon Initiative (GSI), a CEO-driven pre-competitive platform to advance sustainability practices in the farmed salmon industry, has been awarded a 3-year grant from the Bill & Melinda Gates Foundation to facilitate the development of an aquaculture business leaders’ network in Sub-Saharan Africa. This network will be focused on identifying opportunities to accelerate the development of sustainable aquaculture in the region to meet food security, health, climate, and socio-economic needs. 

“Gates Foundation has turned to GSI to share our expertise in mobilizing the collective knowledge and entrepreneurial spirit of the private sector to help overcome barriers to industry growth and identify opportunities to increase food production in Africa, and we are committed to helping the development of the global sector to meet nutrition and health goals,” added Aino Olaisen, Chair of the Board Nova Sea AS and GSI Co-Chair.

“Over the last decade, GSI members have experienced the benefits of working collaboratively on shared sustainability challenges. From sharing of best practices on fish welfare, aligning on key sustainability KPIs, and trialling new approaches to farming practices, by pooling their teams they have been able to support industry advancements at a much faster rate than working alone,” commented GSI CEO, Sophie Ryan. “Gates Foundation recognizes the success of the GSI model in connecting key players in a shared vision of sustainable aquaculture and believes this approach can be replicated to help advance the African aquaculture sector at an accelerated pace.”