EDITORIAL: Don’t let blue economy slip into the red
Fishermen preparing their nets on Migingo island which is densely populated by residents fishing mainly for Nile perch in Lake Victoria on the border of Uganda and Kenya. PHOTO | YASUYOSHI CHIBA | AFP
Despite their potential for economic transformation, marine resources are an underexploited area in East Africa and the Horn. Some estimates put $22 billion as the value of the Blue Economy in the Western Indian Ocean states.
Between November 26 and 28, Kenya will be hosting a high- level conference that will bring the who’s who of Blue Economy experts to Nairobi.