IFC: $10m boost for sustainable fishing and new jobs in Solomon Islands

The International Finance Corporation and the private sector window of the Global Agriculture and Food Security Program have boosted support for the fishing industry in Solomon Islands with a new $10 million loan to National Fisheries Developments (NFD). The investment, to enable the purchase of a large tuna fishing vessel, comes months after a similar financing deal for NFD, which supplies tuna to its sister company, SolTuna Limited, the only tuna processing facility in Solomon Islands.