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logo 11/28/2024 5:55:08 AM     
Abandoned fish cages slowly turning into floating museums 
By Steve Agombi KE Source: citizen.digital 12/3/2023
Steve Agombi
Credit: Courtesy
Many small-scale investors in cage fish farming in Lake Victoria have nothing to smile about.

Investments running into hundreds of thousands of shillings have reportedly failed to bring back the promised returns – leaving many small-scale investors grappling with loans and nursing financial stress.
 

In 2021, there were an estimated 5,300 fish cages in the Kenyan side of Lake Victoria – according to data from the Kenya Fisheries.

Today, some of these fish cages, dot the waters of Lake Victoria like floating museums – with some owners forced to abandon the projects all together.

 
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