News Agriculture

Danish Firm Insectum Targets Ghana’s Feed Market With $2.9M Insect Protein Plant

Danish Firm Insectum Targets Ghana’s Feed Market With $2.9M Insect Protein Plant
Tuesday, 10 March 2026 12:31
  • Denmark’s Insectum plans its first commercial insect protein plant in Ghana.
  • The $2.9 million facility will process 8,000 tons of organic waste annually.
  • The project targets lower feed costs for aquaculture and poultry.

Danish biotechnology company Insectum ApS, which produces animal feed protein from organic waste, is preparing to launch its first commercial facility in Ghana.

According to international media reports, the project will be developed through a three-party partnership signed on March 4 in Accra between Insectum, Danish investor Michael Bundgaard Holding, and Ghanaian recycling company JSO Waste.

David Munk-Bogballe, chief executive of Insectum ApS, said the company was enthusiastic about establishing its first franchise partnership in Africa and highlighted the strong alignment between the partners from the start of the collaboration.

The planned facility will require an investment of €2.5 million (about $2.9 million). Once operational, it will process 8,000 tons of organic waste each year, converting it into protein for fish and poultry feed, as well as organic fertilizers for agriculture.

Details about the construction timeline and the plant’s location have not yet been disclosed.

A potential boost for feed production

Insectum’s technology relies on black soldier flies (Hermetia illucens). Their larvae consume organic waste and convert it into protein- and lipid-rich biomass suitable for animal feed. The remaining residue can be used as natural fertilizer, supporting crop production while reducing environmental impact.

The project addresses a strategic need in Ghana, where authorities are seeking to revive the poultry sector and expand aquaculture.

According to the Food and Agriculture Organization (FAO), black soldier fly meal offers a more sustainable and potentially cheaper alternative to conventional fishmeal, which is widely used in aquaculture feed.

In a report published in January, the World Economic Forum (WEF) noted that feed constraints raise aquaculture production costs in Africa by 10% to 20% above global averages.

These higher costs stem largely from reliance on imported feed ingredients such as soybean meal—also essential for human consumption—and fishmeal derived from wild-caught fish, due to limited local production capacity.

Reducing feed costs with insect-based alternatives could therefore support the growth of Ghana’s aquaculture industry, which has expanded rapidly in recent years.

According to the Ministry of Fisheries and Aquaculture Development, aquaculture production nearly doubled from 52,360 tons in 2019 to 100,000 tons in 2023. The sector now accounts for about 20% of Ghana’s total fish output, which reached 484,412 tons in 2023.

Feed costs also remain a major constraint for the poultry industry. Data from the U.S. Department of Agriculture (USDA) show that Ghana produced 60,000 tons of chicken meat in 2023, meeting only 18% of national consumption, estimated at 330,000 tons.

With its planned investment, Insectum and its partners are positioning themselves in Ghana’s growing animal feed market, as the government seeks to expand domestic poultry and aquaculture production in the coming years.

Stéphanas Assocle

On the same topic
World Bank approves $215.9 million to support Burkina Faso agriculture Program targets rice, maize productivity, processing, market...
Nigerian Breweries Plc launched a pilot barley cultivation project involving 1,000 farmers, targeting over 1,000 tonnes of output in 2026. Nigeria...
Nigeria launched the Youth in Agribusiness Land Trust Fund (YALTF) to improve young people’s access to land and agricultural training. The program...
DR Congo approves $7 million Kinshasa poultry project with Egg's For Congo Ten-year PPP aims to manage parent farms and industrial...
Most Read
01

The BCEAO cut its main policy rate by 25 basis points to 3.00%, effective March 16. Inflation...

BCEAO Cuts Key Rate to 3.00% as WAEMU Faces Deflation
02

Ethio Telecom has signed a new agreement with Ericsson to expand and modernize its telecom netwo...

Ethiopia’s State-Owned Telco Teams Up With Ericsson to Expand and Upgrade Its Network
03

EIB commits over €1 billion for renewable energy in sub-Saharan Africa Funding supports Miss...

EIB Commits €1 Billion to Renewable Energy Under Africa’s “Mission 300” Initiative
04

MTN Zambia tests Starlink satellite service connecting phones directly from space Direct-to...

Satellite direct-to-device telecoms: promise, momentum and hard limits
05

Nigeria introduced a 1% flat tax on the turnover of informal-sector businesses under a new presump...

Nigeria Rolls Out 1% Tax on Informal Businesses Under New Fiscal Framework
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.