AquaRech

Name

AquaRech

Legal name

Aquarech Limited

Website

https://aquarech.com

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Aquaculture Technology Platform

NAICS

Finfish Farming and Fish Hatcheries (112511), Aquaculture (1125), Seafood Product Preparation and Packaging (311710)

SIC

Agricultural Prod-Livestock & Animal Specialties (200), Wholesale-Farm Product Raw Materials (5150)

akta.pro primary industry

Aquaculture Farm Services & Operations Support (net cleaning, diving, grading, harvesting) (AFAEAAAM)

akta.pro secondary industries

Species-Specific Warmwater Fish Feed (Carp, Pangasius, Other Warmwater Species) (AFADADAK), Aquaculture Processing & On-Farm Value-Add (primary handling, icing, packing) (AFAEAAAN)

Keywords

• Aquaculture platform
• Fish farming technology
• Aquaculture credit financing
• Fish feed distribution
• Mobile farming app

Headquarters

HQ city

Kisumu

HQ country

Kenya

HQ region

Africa

Offices3 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Supply Chain, Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Fish Feed Sales: Sale of high-quality fish feeds to small and medium-scale fish farmers through the platform, with feeds available in multiple counties across Kenya including Kisumu, Vihiga, Homabay, Busia, Nyamira, Migori, Kirinyaga, and Kakamega.
2. AquaFedha Credit Finance: Credit financing product enabling fish farmers to purchase high-quality inputs (fingerlings, feeds, equipment) with flexible repayment terms after harvest. Revenue generated through loan fees and interest.
3. Fish Marketplaces and Trading: Platform connecting fish farmers with fish traders and consumers, facilitating aggregation and distribution of fish harvests including whole fish, fresh fish, and processed products through Fish Deli and Fish Farmilia.
4. Fingerling Sales: Production and sale of high-quality fingerlings weighing up to 0.5 grams through the company's hatchery at LBDA Kibos.
5. Fish Deli Consumer Products: Direct-to-consumer sales of air-fried tilapia and fresh fish through Fish Deli outlets in Kisumu, Buruburu (Nairobi), Nakuru, and Kakamega, and via Uber Eats delivery.

Go-to-market motion3 records

Distribution channels5 records

Marketing channels6 records

Core offering

AquaRech operates a mobile-first aquaculture platform that enables small and medium-scale fish farmers to access quality fish feeds and fingerlings, obtain collateral-free credit through AquaFedha, receive technical training, and sell harvests to guaranteed buyers. The company also operates Fish Deli consumer outlets serving air-fried tilapia to end consumers and Fish Farmilia wholesale marketplace connecting farmers with traders.

Product overview

AquaRech operates as a unified fish farming platform that connects small and medium-scale fish farmers to quality inputs, credit financing, and markets through a mobile-first approach. The platform's core offerings include the AquaFedha credit financing solution, Fish Feeds Last Mile Delivery System, Fingerlings Hatchery & Technical Transfer Center, Fish Farmilia wholesale marketplace, and the Fish Deli consumer brand. The integrated Aquarech Farmer App and Trader App serve as the digital backbone, enabling IoT-enabled farm management, USSD-based ordering, and market access. Supplementary programs like YISA (youth training) and ALIP (livelihood improvement) extend the platform's reach, while the company also operates Fish Deli as a direct-to-consumer channel for air-fried tilapia products.

Differentiator

Problem solved

Functional benefit

Brands

• AquaFedha: Africa's first integrated aquaculture credit financing platform providing collateral-free loans to small and medium-scale fish farmers, evaluating borrowers based on production potential rather than conventional banking metrics.
• Fish Farmilia
• Fish Deli
• YISA (Youth in Sustainable Aquaculture)
• Aquarech Hatchery & Technical Transfer Center
• ALIP (Aquaculture Livelihood Improvement Program)

Products and services

• AquaFedha Africa's first integrated aquaculture credit financing platform providing collateral-free loans to small and medium-scale fish farmers, evaluating eligibility based on production potential rather than conventional banking metrics. Launched in partnership with Equity Bank Limited and TechnoServe.
• Fish Feeds (Last Mile Delivery) High-quality fish feed distribution service with last-mile delivery to small and medium-scale fish farmers across western Kenya counties including Kisumu, Vihiga, Homabay, Busia, Nyamira, Migori, Kirinyaga, and Kakamega.
• Fingerlings (Hatchery & Technical Transfer Center) Hatchery facility at LBDA Kibos producing high-quality fingerlings weighing up to 0.5 grams, with a hands-on training hub for farmers, students, and aquaculture enthusiasts.
• Fish Deli Consumer-facing restaurant and delivery service offering air-fried tilapia prepared from locally sourced fish, available through the Fish Deli app, Uber Eats, and physical outlets in Kisumu, Nairobi (Buruburu, Lower Kabete, Nyayo Estate), Nakuru, and Kakamega.
• Fish Farmilia (Whole Fish Marketplace) Marketplace connecting fish farmers with fish traders for bulk purchase of fresh, locally produced tilapia, accessible via USSD code *789*4# or by phone.

Quantifiable outcome

• 30% increase in fish farmer productivity
• +2 more outcomes

Named customers1 record

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Feature5 records

Partnerships

Eight partnerships are on record, tiered core and minor.

• TechnoServe (CASA Program)coreStrategic or Co-development Partner · 1 April 2025TechnoServe supports the AquaFedha initiative through its Commercial Agriculture for Smallholders and Agribusiness (CASA) program, promoting a blended finance model that makes aquaculture investments more accessible to small-scale fish farmers.
• Mastercard FoundationcoreStrategic or Co-development Partner · 1 January 2024Mastercard Foundation partners with Aquarech through the YISA (Youth in Sustainable Aquaculture) program, which aims to create 150,000 jobs for young people across Siaya, Busia, Kakamega, Kisumu, Homa Bay, and Kilifi counties.
• Farm AfricaminorStrategic or Co-development PartnerYISA consortium partner focused on agricultural development supporting youth empowerment in aquaculture across Kenya.
• Lattice AquaminorStrategic or Co-development PartnerYISA consortium partner providing aquaculture technical expertise.
• Echo Network AfricaminorStrategic or Co-development PartnerYISA consortium partner supporting youth and gender inclusion in aquaculture.
• Hydro VictoriaminorStrategic or Co-development PartnerYISA consortium partner providing water and aquaculture infrastructure expertise.
• RIATminorStrategic or Co-development PartnerYISA consortium partner (Research Institute for Aquaculture and Technology) providing technical research support.
• Livingwood ConsultantsminorStrategic or Co-development PartnerYISA consortium partner providing consultancy services for aquaculture development.

Scale indicators8 records

Recent moves6 records

Expansion highlights6 records

Others

• Twiga Foods: Kenya-based B2B food distribution platform connecting smallholder producers to urban vendors. Comparable mobile-first, tech-enabled distribution model targeting Kenyan smallholders, though in fresh produce rather than aquaculture.
• SunCulture: Kenya-based climate-smart agtech offering solar irrigation and financing to smallholder farmers. Comparable smallholder-focused tech-enabled business model with embedded financing in Kenya, though focused on irrigation rather than aquaculture.
• Apollo Agriculture: Kenya-based agritech platform providing credit, inputs, and market access to smallholder farmers. Comparable agtech-plus-credit model addressing Kenyan smallholders, though focused on grains rather than aquaculture.

Emerging players

• NovFeed: Tanzania-based startup producing alternative protein feed for aquaculture. Adjacent rather than direct overlap, but addresses the same smallholder African aquaculture value chain and competes for fish farmer wallet share on the feed line item.

Direct peers

• Victory Farms: Kenya's largest tilapia producer operating across Lake Victoria. Most directly comparable peer — same geography, same species, same target protein gap — though vertically focused on production rather than the full platform-and-credit model Aquarech runs.
• Chicoa Fish Farm: Mozambique-based tilapia aquaculture operation also backed by Aqua-Spark's Africa aquaculture fund. Closely comparable as an African aquaculture platform play receiving the same investment vehicle, though earlier-stage on technology integration.

Broad incumbents

• Lake Harvest Group: Zambia/Zimbabwe-based integrated tilapia producer and processor, also an Aqua-Spark portfolio company. Larger incumbent that demonstrates the integrated aquaculture business model Aquarech is building toward, including processing and distribution.

Regional players

• Yalelo Limited: Zambia-based integrated tilapia producer with its own feed mill, hatchery, and processing plant. Comparable vertically integrated African tilapia operator but does not directly compete in Kenya; a regional rather than direct peer.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xtwitter.com/RechAqua
• Facebookweb.facebook.com/Aquarechltd
• LinkedInlinkedin.com/company/aquarechlimited
• Instagraminstagram.com/aquarechltd/?hl=en

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds8 records

Investors10 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about AquaRech