The coastal counties of Kenya will host the 2nd annual Jumuiya Agribusiness & Blue Economy Investment Conference (JABEIC) on 10th and 11 th December 2019 in Malindi, Kilifi County. As a lead up to the largest Blue Economy Investment event in Africa, the Jumuiya Ya Kaunti za Pwani (JKP) Secretariat in partnership with Sera Afrika, iGovAfrica and Swahilipot Hub shall host a week of grassroots innovation, collaboration and culture.
The Blue Economy is a global emerging economic frontier. In Kenya, the Blue Economy represents a huge opportunity and the potential to achieve sustainable economic growth and generate jobs. The fisheries sector accounts for 0.5% of the country’s gross GDP, creating employment opportunities for over two million Kenyans. At US $4.4 billion, Kenya has one of the largest shares of the estimated over US$ 22 billion annual economic value of goods and services of the Blue Economy in the Western Indian Ocean. With a maritime territory of 230,000 square kilometres extending 200 nautical miles offshore, the full economic potential of our marine resources is yet to be realised.
Introduce new designs, methodologies, products, policies and other innovations that are financially and environmentally sustainable and scalable and will dramatically improve the lives and livelihoods of the stakeholders and key players within the Blue Economy sector.
(c) 2019 BlueHack