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Investing in the Blue Economy to empower fishing sector

Investing in the Blue Economy to empower fishing sector

Creating jobs and providing skills and technology

KENYA: President William Ruto has announced plans to invest in necessary infrastructure development that will unlock the potential of the blue economy at the coast with the aim of creating employment for those at the “bottom of the economic pyramid.”

Fishermen will be equipped, provided with skills and technology to enable them venture into deep sea fishing. “In order to align the undeniable opportunities in the Blue Economy, we must invest the capital available where it will create the most jobs: at the bottom of the pyramid,” he said.

The President said the government has demonstrated its commitments on the blue economy agenda by establishing an exclusive ministry dedicated to its affairs.

Speaking at the launch Community Grants at Liwatoni Fisheries Complex, Mombasa County, he added that Illegal and unregulated fishing, which is destroying marine ecosystems in the country, will be stopped.

During the event, Sh321 Million was given to 142 community groups to benefit 20,000 people in the five participating counties, Kwale, Mombasa, Kilifi, Tana River, and Lamu.
 

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