Close
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.
 

Print
405
OUT NOW
Maritime Tender Intelligence

image

The Q1 2026 Maritime Tender Intelligence Report is the first in a new series of quarterly deep-dives. It includes detailed sections highlighting trends and opportunities within a number of maritime sectors across Africa.

GRAB YOUR COPY

RSS Upcoming Events

20 Oct 2026 AFRICAN BOATING CONFERENCE 2026 10/20/2026 - 10/21/2026

Following the landmark success of ABC 2025, Africa’s premier B2B recreational boating conference is back. Join us as we continue to unite the continent’s marine industry and drive economic growth through collaboration, innovation, and strategic partnerships.

2 Nov 2026 BLUE INVEST AFRICA 11/2/2026 - 11/3/2026

BlueInvest Africa is an important business event, initiated by the European Commission in 2022. The objective of BlueInvest Africa is to facilitate meetings between African entrepreneurs seeking financing and international investors scouting for opportunities, all centred around projects capable of propelling Africa’s blue economy forward.

12

CONTACT US

EMAIL:  editor@maritimesa.co.za
PHONE: +27 21 914 1157

Terms Of UsePrivacy StatementCopyright 2026 | More Maximum Media - publishers of Maritime Review Africa
Back To Top