Blue Economy
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How KCB’s proposed Sh300bn sustainability bond could unlock new funding for counties
KCB Group’s planned Sh300 billion sustainability bond programme targeting East Africa could open up new financing opportunities for projects that closely mirror some of the biggest development needs facing Kenya’s counties, from water and affordable housing to agriculture, transport and climate action. The lender has unveiled its Sustainability Bond Framework Use of Proceeds, setting the…
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Sh129.6 Million Fisheries Project Set to Transform Livelihoods in Msambweni
For years, fishermen in Msambweni, Kwale County, have struggled with huge post-harvest losses as a lack of cold storage and ice production forced them to sell fish at low prices before it spoiled. That challenge is now expected to ease following the commissioning of a modern fisheries facility worth Sh129.6 million, complete with a cold…
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Why Kenya’s deep seabed mining stance matters for coastal counties
Kenya’s decision to support a precautionary pause on deep seabed mining could have far-reaching implications for coastal counties that depend on the ocean for fishing, tourism and livelihoods. The Government became the 42nd country to back calls for a global pause or moratorium on deep seabed mining, arguing that more scientific evidence is needed before…
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Kenya’s ISA Council seat offers an opportunity to shape the future of the blue economy
Kenya’s election to the Council of the International Seabed Authority (ISA) for the 2027–2030 term places the country at the centre of international discussions on how the world’s ocean resources should be managed. While the announcement has attracted attention within diplomatic circles, its significance extends beyond foreign policy. The development could influence how Kenya advances…
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