Fish farmers, traders, processors and coastal communities across Kenya are set to benefit from a new initiative aimed at expanding access to finance, reducing post-harvest losses and modernising the country’s fisheries sector.

Fisheries Finance Programme Kenya Launched by Equity Group and MSC to Boost Blue Economy
From L-R: MicroSave Consulting Group Managing Director Graham A.N. Wright and Equity Group Managing Director & CEO Dr. James Mwangi during the signing of a partnership agreement between Equity Group and MicroSave Consulting. Equity Group and MSC (MicroSave Consulting) signed a strategic Memorandum of Understanding (MoU) to deepen financial inclusion and advance gender equity in Kenya’s fisheries sector, positioning the blue economy as a key driver of sustainable growth.

The programme brings together Equity Group and MicroSave Consulting (MSC) in a partnership designed to strengthen financial inclusion and promote gender equity across the fisheries value chain, with a strong focus on small-scale fishers who form the backbone of the sector.

For thousands of fish farmers and fishers across Kenya’s lakeside and coastal regions, the initiative is expected to ease long-standing challenges such as limited access to affordable credit, inadequate cold storage facilities, weak market linkages and high post-harvest losses that continue to reduce incomes and productivity.

Under the programme, beneficiaries will access tailored financial products designed around the unique cycles of the fisheries sector. These include credit facilities aligned to fishing and aquaculture production cycles, insurance products to cushion against climate-related shocks, and digital solutions aimed at improving financial management and business decision-making.

Women and youth, who play a key role in Kenya’s fisheries value chain, are expected to be among the biggest beneficiaries, as the programme places strong emphasis on gender equity and inclusive economic participation in rural and coastal communities.

The initiative also seeks to address structural bottlenecks that have slowed the growth of the blue economy, including fragmented value chains, limited access to information and inadequate infrastructure. Planned interventions include financial literacy training, entrepreneurship development, and capacity building to support fishers transitioning from subsistence activities into sustainable commercial enterprises.

Cold storage infrastructure will also be introduced to help reduce spoilage and improve the quality of fish reaching markets, addressing one of the sector’s most persistent challenges.

Digital transformation forms a central pillar of the programme, with Equity Group and MSC planning to deploy digital public infrastructure, data systems and artificial intelligence tools to modernise operations across the fisheries value chain. The aim is to enable fishers, traders and processors to make informed decisions on pricing, production and market access.

Fisheries Finance Programme Kenya Launched by Equity Group and MSC to Boost Blue Economy
From L-R: MicroSave Consulting Lead, Center for Responsible Technologies, Africa, Joshua Oiro; Partner and Regional Lead – Africa, T. V. S. Ravi Kumar; and Group Managing Director, Graham A.N. Wright, with Equity Group Managing Director and CEO, Dr. James Mwangi; Director, Equity Group Foundation Operations, Dr. Joanne Korir; and Equity Bank Kenya Managing Director, Moses Nyabanda, during the signing of a partnership agreement. Equity Group and MSC (MicroSave Consulting) signed a strategic Memorandum of Understanding (MoU) to deepen financial inclusion and advance gender equity in Kenya’s fisheries sector, positioning the blue economy as a key driver of sustainable growth.

The initiative will also strengthen market linkages by connecting fish farmers directly to buyers, processors and exporters, reducing reliance on middlemen and improving earnings for small-scale operators.

MSC will support the programme through research, baseline assessments and technical capacity building, including training for sector players and Equity staff on fisheries value chains. Equity Bank Kenya will design and deliver tailored financial products, while Equity Group Foundation will provide entrepreneurship training, mentorship and ecosystem linkages.

Speaking during the signing of the Memorandum of Understanding in Nairobi, Equity Group Chief Executive Officer Dr James Mwangi said the partnership will help transform fisheries into a more productive and investment-ready sector.

He noted that the fisheries industry remains largely underexploited despite its potential to drive food security, employment and economic growth, particularly in rural and coastal communities.

“This partnership brings together institutions with complementary strengths to drive impact at scale. We will expand financial inclusion, strengthen food systems, support climate resilience and create opportunities for women and youth,” said Dr Mwangi.

He added that integrating digital infrastructure, data and artificial intelligence will help shift fisheries from subsistence activities into a modern economic sector capable of attracting investment and improving productivity.

MicroSave Consulting Group Managing Director Graham A.N. Wright said the collaboration comes at a critical time as Africa grapples with climate change, food insecurity and economic shocks.

He said many small-scale fishers continue to face barriers such as limited access to information, weak financial systems and high exposure to climate risks.

“This partnership aims to ensure that fishers, traders and farmers can access data, manage risks and make informed decisions,” said Wright.

He added that linking communities to tailored financial products and climate-smart solutions will help unlock sustainable opportunities and address long-standing structural challenges in the sector.

The programme also includes the development of insurance and guarantee mechanisms to de-risk lending, making it easier for financial institutions to extend credit to small-scale operators who are often considered high-risk borrowers.

In addition, it will support graduation pathways to help fishers and farmers scale up into viable commercial enterprises through training, financing and improved market access.

The initiative will first be rolled out in Kenya before being expanded to other African markets where Equity Group operates, in line with its broader strategy to promote inclusive economic growth and financial empowerment across the continent.

Ultimately, the programme is expected to benefit fishers, aquaculture farmers, traders, processors, feed producers and exporters, strengthening Kenya’s blue economy while supporting national development goals on food security, climate resilience and inclusive growth.

https://farmerstrend.co.ke/wp-content/uploads/2026/05/IMG_7170-1024x683.jpghttps://farmerstrend.co.ke/wp-content/uploads/2026/05/IMG_7170-150x150.jpgFarmersTrend# TrendingFish FarmingFish farmers, traders, processors and coastal communities across Kenya are set to benefit from a new initiative aimed at expanding access to finance, reducing post-harvest losses and modernising the country’s fisheries sector.The programme brings together Equity Group and MicroSave Consulting (MSC) in a partnership designed to strengthen financial inclusion...New Generation Culture in Agriculture