Kenya’s Fisheries Sector
Summary
Kenya’s fisheries sector plays a crucial role in food security, employment, and economic growth. With access to freshwater lakes, a long coastline along the Indian Ocean, and growing demand for seafood, the industry presents vast opportunities for investors. Sustainable aquaculture, value-added processing, and export-oriented fish production are key areas of growth.
Key investment areas: Aquaculture development is expanding, with commercial fish farming of species like tilapia, catfish, and prawns growing due to declining wild fish stocks. Deep-sea fishing & marine fisheries offer untapped potential in Kenya’s Exclusive Economic Zone (EEZ) in the Indian Ocean for commercial fishing ventures. Fish processing & value addition through investments in fish filleting, packaging, and cold storage enhance marketability and export potential. Feed production & hatcheries are vital for the growing aquaculture sector, focusing on sustainable fish feed production and hatchery expansion. Eco-friendly & sustainable fisheries attract global interest through green investments in responsible fishing practices and marine conservation.
Why invest? Government support is strong, with policies such as the Blue Economy Strategy encouraging investment in fisheries. There is a high demand for seafood as domestic and international markets for fish and seafood continue to grow. Kenya’s strategic location, with its coastline and lakes, provides access to major markets in Africa, Europe, and Asia. The sector is embracing sustainability & innovation, shifting toward eco-friendly and technologically advanced fish farming practices.
Ideal investor: The ideal investor in Kenya’s fisheries sector includes aquaculture and seafood production companies, marine and deep-sea fishing enterprises, investors in fish processing and cold storage, sustainable fishing and conservation organizations, and feed and hatchery technology providers.
With increasing global demand for seafood and sustainable fishing practices, Kenya offers a thriving investment environment in its fisheries sector. Now is the time to explore these opportunities and contribute to a sustainable blue economy.
Country
Sector
Type of Investment
Business Stage
Trading Zone
Investment Amount (£)
ORGANIZATION
NAME
Afriepa
Phone
+234 800 123 4567
Type of Organization
Private
CONTACT
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