Serrari Group

During the second Aquatic Resources and Blue Economy Conference (ARBEC) in Kisumu, stakeholders emphasized the crucial role of Kenya’s blue economy sector in driving economic growth. Deputy Governor Dr. Mathews Owili highlighted the sector’s potential, noting current disparities in contribution to GDP between Nairobi and riparian counties like Kisumu and Mombasa.

Dr. Owili acknowledged recent government investments but expressed concern over the slow progress of key projects such as the Kabonyo Kanyagwal Fish Project. He urged accelerated implementation and efficiency in utilizing resources for public benefit.

Emphasizing the transformative impact of infrastructure like the revitalized Kisumu Port and Kenya Shipyards Limited, Dr. Owili called for collaborative efforts to optimize these facilities for economic development.

John Safari Mumba, Chairman of the Kenya Marine and Fisheries Research Institute (KMFRI), emphasized broader opportunities within the maritime sector and urged increased investment in research to harness untapped resources effectively.

Nyanza Regional Commissioner Flora Mworoa reaffirmed the government’s commitment to enhancing aquatic resource utilization, citing ongoing infrastructure developments and security measures to combat illegal activities.

Professor James Njiru, CEO of KMFRI, highlighted the conference’s role in fostering knowledge exchange and addressing challenges like pollution. He outlined KMFRI’s initiatives, including a mobile app for waste management and public awareness campaigns.

The conference concluded with a call for an investment forum dedicated to the blue economy, aimed at accelerating sustainable growth and prosperity for riparian communities and the nation.

Kenya’s efforts to expand its blue economy promise to diversify economic opportunities and foster sustainable development across the region.

photo source: Google

By: Montel Kamau

Serrari Financial Analyst

20th June, 2024

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