KENYA RAISES 400 MILLION SHILLINGS IN FUNDING FOR BLUE OCEAN ECONOMY CONFAB

NAIROBI– Kenya has raised 400 million shillings (about 4.0 million US dollars) to host the Sustainable Blue Economy Conference to be held from Nov 26 to 28 the Kenya International Conference Centre here with the participation of about 4,000 delegates from more than 190 countries.

Kenya is co-hosting the meeting with the Government of Canada which has pledged to provide 200 million shillings toward the staging of the conference, says Foreign Affairs Cabinet Secretary (Minister) Macharia Kamau.

She told journalists here Monday that participating Kenyan county governments would be given an opportunity to sell their blue economy agenda to the thousands of delegates and investors expected for the three-day meeting. The Council of Covernors had said there are huge potentials for the county government in areas of transportation, tourism, sports and others.

Macharia said the national government was working with the counties to map out areas of investment.

Council of Governors Chairman and Turkana County Governor Josphat Nanok said th counties have some bankable projects within the regional economic blocs to discuss with investors and development partners who may show interests in those opportunities both in the ocean and inland lakes, rivers and dams, so that Kenyans can reap maximum benefits from these water bodies.

We want to develop a strategy that covers all the aspects of the Blue Economy. We have not fully utilised Lake Turkana and we want to harness its untapped potential, said Governor Nanok.

Marsabit County Governor Ali Mohamud Mohamed said plans are in place to set up a fish processing factory around Lake Turkana and also to boost tourism around the lake.

Source: NAM NEWS NETWORK

KENYA RAISES 400 MILLION SHILLINGS IN FUNDING FOR BLUE OCEAN ECONOMY CONFAB

NAIROBI– Kenya has raised 400 million shillings (about 4.0 million US dollars) to host the Sustainable Blue Economy Conference to be held from Nov 26 to 28 the Kenya International Conference Centre here with the participation of about 4,000 delegates from more than 190 countries.

Kenya is co-hosting the meeting with the Government of Canada which has pledged to provide 200 million shillings toward the staging of the conference, says Foreign Affairs Cabinet Secretary (Minister) Macharia Kamau.

She told journalists here Monday that participating Kenyan county governments would be given an opportunity to sell their blue economy agenda to the thousands of delegates and investors expected for the three-day meeting. The Council of Covernors had said there are huge potentials for the county government in areas of transportation, tourism, sports and others.

Macharia said the national government was working with the counties to map out areas of investment.

Council of Governors Chairman and Turkana County Governor Josphat Nanok said th counties have some bankable projects within the regional economic blocs to discuss with investors and development partners who may show interests in those opportunities both in the ocean and inland lakes, rivers and dams, so that Kenyans can reap maximum benefits from these water bodies.

We want to develop a strategy that covers all the aspects of the Blue Economy. We have not fully utilised Lake Turkana and we want to harness its untapped potential, said Governor Nanok.

Marsabit County Governor Ali Mohamud Mohamed said plans are in place to set up a fish processing factory around Lake Turkana and also to boost tourism around the lake.

Source: NAM NEWS NETWORK