How to make a revenue of $2000 to $11,000 as a Catfish supplier in Ghana
Catfish consumption has been on the rise in recent years. A few years ago, the grilled fish industry was dominated by Tilapia but today, Catfish Grilling spots are scattered all over the country. With the increased demand for Catfish, comes a unique opportunity for aspiring entrepreneurs to take their rightful place within the supply chain.
Mr. Boniface Nnawuba is a trained engineer with over 20 years of experience, a few years ago, he left a very lucrative career to start FLODAVIK, a catfish farm enterprise that not only provides catfish to aspiring entrepreneurs but also supplies the necessary materials and services to ensure they succeed.
In the first part of this two-part interview, Mr. Boniface walks us through the basics of catfish farming, the different types of catfishes that are available for those interested in starting their own farms as well as opportunities within the supply chain for the rest of us who may not necessarily want to own a farm but grill the fish to the final consumer.
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FLODAVIK is located in East Legon Hills. You can contact Mr. Boniface directly at +233547740260
TIMESTAMPS
1:50 - Intro
1:50 - From engineering to aquaculture
2:25 - The supply side of the catfish ecosystem
4:06 - The different types of catfishes and their cost
5:15 - The business side of catfish farming
7:15 - Business opportunities for aspiring catfish grill entrepreneurs
8:20 - Cost of feeding catfish
10:20 - Catfish farming break-even period
11:38 - Opportunities in urban catfish farming
Ps. For those who are wondering how we arrived at $11, 438) we multiplied 70 GHS by 1000 which gave us 70,000 GHS ($11,438) - all other things being equal of course.