Venture Capital
Fair Trade USA®, the leading third-party certifier of fair trade products in North America, has certified Afritex Ventures, headquartered in Mauritius, with operations in Mozambique, Africa. The species certified according to Fair Trade USA’s Capture Fisheries Standard (CFS) include mahi-mahi, swordfish, and yellowfin and bigeye tuna. It will be sold at retailers in the United States by Margaritaville Foods. The newly-certified fish come from the waters of Beira, the Mozambican port city that was ravaged by Cyclone Idai in March of 2019. Fair trade is an especially meaningful program to the fisherman in Beira, as it will allow them to regularly earn Community Development Funds that they can invest in projects that will greatly benefit their community, families, and lives.

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