Kenya, EU Push for Stronger Investment in Blue Economy

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Mombasa, Kenya – As global attention on the blue economy grows, the Kenyan government is under renewed pressure to scale up efforts in unlocking the potential of its ocean resources.

Speaking during the Blue Economy Innovation and Investment Summit in Mombasa, the European Union Ambassador to Kenya, Henriette Geiger, emphasized that Kenya must fully recognize and embrace the opportunities within the sector to overcome barriers stifling growth.

The envoy outlined achievements under the EU-funded Go Blue Project, which is winding up after years of supporting coastal counties. “We have seen how the EU projects have helped fishermen at the Coast — from reducing accidents at sea and preventing drowning, to economic empowerment through access to fishing boats,” Geiger said.

She noted it was ironic that Kenya still imports fish despite having vast marine resources. “The ocean is big enough to provide fish for its people,” she added, urging coastal counties to collaborate more actively in championing the blue economy agenda.

Geiger also raised concerns over marine pollution, stressing that waste management — particularly plastic — remains a major challenge. She called for regional cooperation on the plastic ban, warning that efforts by one country could be undermined by inaction in neighboring states.

“It will be of no use if a country regulates plastic pollution yet another does nothing — we share the same waters,” she affirmed.

The envoy cautioned against overreliance on donor support, saying external partners can only create a startup platform, while it is up to governments and private investors to sustain and scale the sector.

At the same forum, Sote Hub Executive Director David Oginga announced plans for a new financing mechanism to support organizations pioneering blue economy initiatives. “We see this sector as a major source of youth employment, and our fund will empower enterprises that are embracing the blue space,” Oginga said.

Mombasa Governor Abdulswamad Nassir pledged his administration’s support, noting that his government will prioritize youth empowerment through the blue economy. “Such forums are important to building the sector, and we are committed to ensuring our youth realize their dreams by tapping into these opportunities,” he said.

The summit, which drew over 600 delegates from around the world, provided a platform for organizations to showcase their innovations and attract investors for business continuity.

With Kenya’s coastline stretching over 600 kilometers, experts say the country’s blue economy holds vast potential for food security, job creation, and sustainable economic growth — if only it is fully harnessed.

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Fred Kai

Fredrick Kai is a renowned Kenyan Broadcast Journalist based in Mombasa, Kenya. He majors on human interest stories , special features and documentaries.

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