{"id":19498,"date":"2026-01-09T13:40:19","date_gmt":"2026-01-09T12:40:19","guid":{"rendered":"https:\/\/maritimafrica.com\/en\/?p=19498"},"modified":"2026-01-09T13:41:45","modified_gmt":"2026-01-09T12:41:45","slug":"new-investments-announced-for-coral-reefs-in-kenya","status":"publish","type":"post","link":"https:\/\/maritimafrica.com\/en\/new-investments-announced-for-coral-reefs-in-kenya\/","title":{"rendered":"New investments announced for coral reefs in Kenya"},"content":{"rendered":"<p style=\"text-align: justify;\"><em><strong><a href=\"https:\/\/maritimafrica.com\/en\/wp-content\/uploads\/2026\/01\/ffe41a2e362442b.png\"><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-19500 alignright\" src=\"https:\/\/maritimafrica.com\/en\/wp-content\/uploads\/2026\/01\/ffe41a2e362442b.png\" alt=\"\" width=\"285\" height=\"285\" srcset=\"https:\/\/maritimafrica.com\/en\/wp-content\/uploads\/2026\/01\/ffe41a2e362442b.png 400w, https:\/\/maritimafrica.com\/en\/wp-content\/uploads\/2026\/01\/ffe41a2e362442b-300x300.png 300w, https:\/\/maritimafrica.com\/en\/wp-content\/uploads\/2026\/01\/ffe41a2e362442b-150x150.png 150w\" sizes=\"auto, (max-width: 285px) 100vw, 285px\" \/><\/a>The expansion of the model aims to reduce the load of nutrients and pathogens in coastal waters, create local jobs, and boost the circular economy in Kenya<\/strong><\/em><\/p>\n<div id=\"press-body\">\n<div id=\"press-body-in\">\n<p style=\"text-align: justify;\"><strong>The UN Development Capital Fund and the Global Coral Reef Fund sign two new financing agreements; funds aim to reduce wastewater pollution and promote sustainable fisheries, strengthening livelihoods.\u00a0<\/strong><\/p>\n<p style=\"text-align: justify;\">The United Nations Development Capital Fund (UNCDF), through the Global Coral Reef Fund (Gfcr), announced two new financing agreements to expand coral reef-friendly businesses in Kenya.<\/p>\n<p style=\"text-align: justify;\">Signed in Nairobi, the initiatives support circular economy solutions and sustainable fishing practices, with the aim of reducing pressures on marine ecosystems and strengthening coastal economies.<\/p>\n<p style=\"text-align: justify;\"><strong>Reduce pollution and protect reefs.\u00a0<\/strong><\/p>\n<p style=\"text-align: justify;\">The funding supports Sanivation and Kumbatia, two Kenyan companies working to reduce pollution from waste and promote sustainable fishing.<\/p>\n<p style=\"text-align: justify;\">Both companies already operate in the country and are expected to expand their solutions to new coastal areas, increasing the benefits for marine ecosystems and local communities.<\/p>\n<p style=\"text-align: justify;\">According to Pierre Bardoux, Director of the Gfcr at UNCDF, an investment of up to US$250,000, with conditions based on performance and impact, will allow for enhanced training.<\/p>\n<p style=\"text-align: justify;\">Other areas covered include quality systems, cold chains, and traceability mechanisms, including the planned implementation of monitoring systems for artisanal vessels.<\/p>\n<p style=\"text-align: justify;\"><strong>Circular economy in wastewater treatment.\u00a0<\/strong><\/p>\n<p style=\"text-align: justify;\">A $540,000 investment from Gfcr\u2013UNCDF will allow Sanivation to expand its operations as an innovative waste-to-energy conversion company.<\/p>\n<p style=\"text-align: justify;\">The agreement will bring the company&#8217;s model to the Malindi National Marine Park, where wastewater that would otherwise be discharged&#8230;<\/p>\n<p style=\"text-align: justify;\">In sensitive ecosystems, they will be treated and transformed into clean energy briquettes for industrial use.<\/p>\n<p style=\"text-align: justify;\">The expansion of the model aims to reduce the load of nutrients and pathogens in coastal waters, create local jobs, and boost the circular economy in Kenya.<\/p>\n<p style=\"text-align: justify;\"><strong>Promoting sustainable fisheries and coastal incomes.\u00a0<\/strong><\/p>\n<p style=\"text-align: justify;\">A second investment from Gfcr\u2013Uncdf will support Kumbatia Seafood in replicating and expanding its model in Lamu to the reef-rich coastal region of Kwale.<\/p>\n<p style=\"text-align: justify;\">The initiative seeks to shift fishing efforts away from destructive, reef-dependent practices towards offshore pelagic fishing, using selective and reef-safe methods.<\/p>\n<p style=\"text-align: justify;\">The company trains fishermen in sustainable practices, promotes the use of selective equipment, and establishes links with higher-value markets for responsibly sourced seafood.<\/p>\n<p style=\"text-align: justify;\">The funding aims to strengthen training, quality, cold chains, and traceability, linking access to premium markets to verified practices that are compatible with reef protection.<\/p>\n<p style=\"text-align: justify;\"><strong>Financing coastal economies\u00a0\u00a0<\/strong><\/p>\n<p style=\"text-align: justify;\">With UNCDF as a catalyst partner, the GFCR&#8217;s Miamba Yetu program demonstrates how innovative financing can align sustainable economic development with the protection of coral reefs, climate resilience, and the well-being of coastal communities.<\/p>\n<p style=\"text-align: justify;\">The Global Coral Reef Fund is led by UNCDF, the United Nations Development Programme (UNDP), and the United Nations Environment Programme (UNEP).<\/p>\n<p style=\"text-align: justify;\">The initiative mobilizes public and private capital for the protection and effective management of coral reefs in 22 countries.<\/p>\n<\/div>\n<\/div>\n<div id=\"press-distributedby\" class=\"press-distributedby\">\n<p>Source : UN News<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The expansion of the model aims to reduce the load<\/p>\n","protected":false},"author":1,"featured_media":19500,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_eb_attr":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[40,2943,1889,442],"tags":[1493,3309,3314,2687,2944,216,31,1388],"class_list":["post-19498","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog-en","category-finance","category-kenya-en","category-news-en","tag-africa-en","tag-blue-finance","tag-coral-reef","tag-daily-news","tag-finance","tag-kenya","tag-maritimafrica","tag-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>New investments announced for coral reefs in Kenya - 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