Blue Finance: Investing in the Ocean Economy in Kenya and Tanzania

As efforts to re-energize East Africa’s blue economy get underway, ocean protection and conservation remain a key factor. The region takes pride in its rich marine biodiversity, a factor that positively impacts various economic activities, including fishing and tourism.

With over three billion people depending on a healthy ocean for their well-being and more than 350 million jobs tied to ocean industries, continued exploitation of marine resources could lead to devastating consequences.

As the Blue Economy expands, the role of women is becoming increasingly vital—not only for economic development but also for fostering gender equality and strengthening marine professions.