In 2015, Rehmann teamed up with his longtime business partner Steve Moran to explore Lake Victoria and perform some feasibility studies on how they could use technology to disrupt the country’s cold chain markets.
They concluded that a unique opportunity to rebuild the fish value chain from scratch existed. They raised an angel round to start Victory Farms before launching in mid-2016 to serve a market with about a $1.5 billion fish deficit.
Victory Farms claims to have one of the highest margin structures in the fishing industry globally due to its technology. The company recorded a 130% CAGR between 2017 to 2021. Maintaining this growth rate can exude utmost confidence.
MSC certification of Dutch trawl fleet partly suspended Netherlands
The Marine Stewardship Council (MSC) announces that the certificates for sole, beam trawling and flyshoot and otter trawl fishing in the North Sea will be suspended with effect from April 25, 2024. In...