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Kenya missing out on Sh90b from blue economy

Kenya is missing out on about Sh90 billion annually due to failure to come up with good policies that strengthen the maritime sector. Also, Kenya’s failure to set aside enough financial resources, as well as lack of training for cadres manning the sector, is responsible for the losses.

This is according to Nancy Karigithu, the Permanent Secretary in charge of Shipping and Maritime Affairs. “I am sure that the maritime sector has the potential to generate hundreds of thousands of jobs within its 15 sub-sectors and 87 areas of activity,” Ms Karigithu said.

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