Browsing: fisheries

• 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 …

An Aquaculture Regulatory Committee, which will be the main body to review and recommend aquaculture license applications in Seychelles, is expected to be set up in preparation for the launch of this new industry later this year.

The committee will be mandated to make decisions on actions to be taken against non-adherence of the regulations and standards of the sector.

Aubrey Lesperance speaking to the local media recently said that the Aquaculture Department of the Seychelles Fishing Authority was finalizing its administrative procedures and documentation in preparation for the tentative launch of the sector in a few months after consultations with the Ministry for Fisheries and the Blue Economy.

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“The aquaculture regulations have been gazetted since December 2020 and are now going to receive a commencement date to enable them to become effective sometime in the third quarter of …