The National Fisheries and Aquaculture Authority (NaFAA) has underscored Liberia’s vast fisheries, and aquaculture investment potential.
NaFAA, according to a release, made the recognition during a high-level meeting with an investment delegation from the Kingdom of Morocco.
It was held at NaFAA’s headquarters in Monrovia.
On Thursday, October 23, 2025, during the engagement, the OPEC Project Manager and Director for Research, and Statistics, Austin Saye Wehye, delivered a comprehensive PowerPoint presentation titled: “Unlocking the Potential of the Blue Economy.”
Wehye highlighted country’s readiness to attract responsible investment across key areas of the fisheries value chain.
Mr. Wehye said Liberia remains open for investment, citing opportunities in the construction of a modern fishing port; the establishment of a fish processing factory; value-addition facilities for artisanal fisheries, and aquaculture development through the reconstruction of the Klay hatchery into an integrated center of excellence, and the development of an aquaculture off-taker climate-smart integrated farm.
“Liberia’s fisheries sector presents huge potential for sustainable investment. We currently have no flagged tuna vessels operating under the Liberian registry, an area ripe for Moroccan partnership,” Mr. Wehye said.
He further explained that NaFAA continues to promote sustainable fisheries management practices, ensuring long-term productivity, and the conservation of marine resources for future generations of Liberians.
The meeting, NaFAA’s Acting Director General, William Y. Boeh, reiterated that Liberia is richly endowed with aquaculture potential, and welcomed Moroccan investors to explore partnership opportunities.
Mr. Boeh also disclosed plans by the government, through NaFAA, to host a Fisheries Investment Conference in Monrovia in February 2026, aimed at attracting global investors to the sector.
The head of the Moroccan delegation, Abdelmounaim Faouzi, expressed strong interest in collaborating with Liberia through the Moroccan Chamber of Commerce, noting that several Moroccan investors are eager to explore opportunities in fisheries port construction, and management, value chain development, fish export, and the production of fishing vessels in Liberia.
In a related development, NaFAA has been invited to participate in an Investment Summit in Rabat, Morocco, in May 2026, as part of ongoing bilateral efforts to strengthen fisheries cooperation between the two countries.