Browsing: Aquaculture

Blue economy
  • Kenya looks to rise on its estimated $38.4 million blue economy investments to grow sector revenue to $921 million annually. 
  • Africa, with its vast coastline and rich marine resources, is poised to harness the immense potential of the blue economy.
  • BlueInvest Africa is a business-to-business event that aims to catalyse the growth of Africa’s blue economy through strategic investments.

The Kenyan government is looking to ride on its estimated $38.4 million (KES 5 billion) investments in the blue economy initiatives to increase revenue to $921 million (KES 120 billion) annually.

This will be a threefold increase from the current $288.6 million (KES 37.6 billion) that the state generates from the blue economy.

The Cabinet Secretary in the Ministry of Mining, Blue Economy & Maritime Affairs, Salim Mvurya, said that part of the plan was to map the fisheries’ infrastructure across the country.

“We want to increase the revenue to Sh120

Africa Food Systems Forum 2023
  • Over 283 million Africans experience hunger daily, and millions suffer from malnutrition, a crisis that demands attention
  • Tanzania’s Samia Suluhu urges African leaders to prioritize the agriculture sector and align it with the 2014 Malabo Declaration.
  • Kenya’s William Ruto says the adoption of technology, including online distribution of fertilizer, is transforming agriculture.

Africa faces a pivotal moment where challenges looming on its doorstep can be transformed into opportunities to revamp and reshape its agriculture policies and strategies.

President Samia Suluhu Hassan emphasized this during the Africa Food Systems Summit 2023, held in Dar es Salaam from September 5-8.

Dr Samia urged African leaders to prioritize the agriculture sector, aligning their goals with current economic needs and the Malabo Declaration 2014, which calls for increased agriculture budgets and inclusive growth.

Over 283 million Africans experience hunger daily, and millions suffer from malnutrition, a crisis that demands attention. President Samia implored fellow …