Namibia’s Onandjo Fish Farming Partners with FasterCapital to Accelerate Sustainable Aquaculture Growth
Windhoek, Namibia & Dubai, UAE – Sep 02, 2025
The Onandjo Fish Farming Project (OFFP), an innovative freshwater aquaculture startup addressing food insecurity and unemployment in northern Namibia, today announced its strategic partnership with FasterCapital through the EquityPilot program. This collaboration aims to accelerate OFFP’s growth and market penetration across Namibia’s underserved inland regions by leveraging FasterCapital’s global expertise, capital-raising support, and startup acceleration resources.
Market Opportunity & Problem Statement
Namibia faces a critical food security challenge, with nearly half its population food insecure and unemployment rates soaring at 37%, particularly in rural areas like Omusati. Despite being a major marine fish exporter, inland communities suffer from limited access to affordable, high-quality fish protein. Per capita fish consumption has risen from 4 kg at independence to over 18 kg in 2025, yet the government targets 20.4 kg to meet nutritional needs. Existing inland aquaculture facilities are unable to fully meet this growing demand, creating a significant market gap for locally farmed freshwater fish and related products.
Startup Solution & Differentiation
OFFP offers a scalable, community-rooted freshwater fish farming enterprise producing tilapia and African catfish, complemented by organic fertilizer derived from fishpond mud and aquaculture training services. By integrating sustainable farming practices with institutional contracts—such as school feeding programs—OFFP provides affordable protein while creating local employment and skills development opportunities. The project’s proximity to key infrastructure and its multi-revenue stream model position it uniquely to serve Namibia’s inland fish market. Early traction includes partnerships with local schools and community vendors, underscoring strong market validation and social impact.
FasterCapital Partnership Value
Through the EquityPilot program, FasterCapital brings OFFP access to a global network of investors, strategic mentorship, and proven startup acceleration frameworks tailored to agritech and aquaculture ventures. FasterCapital’s rigorous selection process ensures only high-potential startups like OFFP receive support, validating the project’s innovation and scalability. The partnership will expedite OFFP’s capital raising—targeting $1 million USD—and operational scaling, with a clear roadmap to market leadership in Namibia’s freshwater aquaculture sector.
Executive Quotes
Hesham Zreik, Founder and CEO of FasterCapital, said:
“The Onandjo Fish Farming Project exemplifies the kind of transformative agritech innovation that can address pressing food security and economic challenges in emerging markets. OFFP’s integrated approach to sustainable aquaculture, community empowerment, and diversified revenue streams aligns perfectly with our investment thesis. We are excited to support their journey through our EquityPilot program and help accelerate their path to scale and impact.”
Linus Silvanus, Founder and Managing Director of OFFP, stated:
“Partnering with FasterCapital is a pivotal milestone for OFFP. Their global reach, expertise, and capital-raising support provide the validation and resources we need to expand our operations and deepen our impact across Namibia. Together, we aim to transform inland fish farming into a sustainable, profitable enterprise that combats hunger, creates jobs, and empowers communities.”
Growth Trajectory & Future Plans
In the coming 12 months, OFFP plans to complete infrastructure development—including hatcheries and cold storage—expand production capacity to 180,000 fish annually, and formalize institutional contracts with schools and clinics. The project will also scale its aquaculture training programs to empower youth and aspiring entrepreneurs regionally. With a targeted $1 million USD funding round underway, OFFP is positioned to become Namibia’s leading inland freshwater fish supplier, contributing significantly to national food security and economic diversification goals.
About Onandjo Fish Farming Project (OFFP)
Founded by Linus Silvanus, OFFP is a community-based freshwater aquaculture initiative in Onandjo village, Omusati region, Namibia. The project addresses food insecurity and unemployment by producing affordable, high-protein fish, organic fertilizer, and delivering aquaculture training. OFFP’s mission is to foster sustainable rural development through innovative, scalable fish farming solutions aligned with Namibia’s national priorities.
About FasterCapital
FasterCapital is a global startup accelerator and venture capital firm specializing in technology-driven ventures across fintech, agritech, healthtech, and more. Through its EquityPilot program, FasterCapital provides startups with capital, mentorship, and market access to accelerate growth and scale. With a track record of successful investments and a selective partnership model, FasterCapital empowers entrepreneurs to transform innovative ideas into market-leading companies.
