The Blue Economy offers opportunity in the fish value chain including fish feeds

Joho calls for public, private sector collaboration to exploit blue economy resources

By KNA

The Government has called for increased collaboration between the public and private sectors in exploration of opportunities in the blue economy sector.

The Cabinet Secretary for Mining, Blue Economy and Maritime Affairs Hassan Joho said the industry holds immense potential in creating employment, wealth and food security for millions of Kenyans.

Joho, who was speaking at the Blue Economy Innovation and Investment Summit in Mombasa on Thursday, highlighted areas where there are plenty of opportunities, including aquaculture, fish processing, value addition, commercial fishing, fish ports and fish landing site infrastructure.

The Blue Economy offers opportunity in the fish value chain including fish feeds
The Blue Economy offers opportunity in the fish value chain including fish feeds

He added that the other opportunities are in maritime transport, manufacturing, energy and bioprospecting, all of which could bring about positive socio-economic changes.

Themed “Building an inclusive blue future,” the three-day summit brought together stakeholders, investors and innovators to explore and support blue economy initiatives.

Joho noted that technology has revolutionised the fishing industry, transforming it into a more sustainable venture that addresses environmental concerns like declining fish stocks and habitat degradation.

“By embracing modern technologies such as VMS, AIS, GPS, drones and data analytics, we can better monitor fishing vessels, track fish populations, and reduce bycatch, all while improving efficiency and profitability,” said Joho.

“These smart fishing technologies also provide real-time data on fish stock movements and water conditions, ensuring that our fishing practices align with sustainability goals,” he added.

The summit featured more than 24 start-ups seeking investment support for their businesses. Among the participants was Mega Gas Alternative Energy, co-founded by 28-year-old innovator Fredrick Nyoike. The Nairobi-based start-up refines plastic waste into affordable cooking gas, targeting low-income families.

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