Equity Group Holdings has entered into a partnership with MicroSave Consulting aimed at advancing financial inclusion and enhancing gender equality within Kenya’s fisheries sector.
The agreement seeks to bridge financing, technology and capacity gaps across the fisheries value chain, benefiting fishers, traders, processors and aquaculture farmers.
Speaking during the signing of the agreement, Equity Group CEO and Managing Director Dr. James Mwangi stated that the deal will support the modernization of fisheries and agriculture through digital technologies, climate-smart financing and data-driven systems.
“The fisheries sector represents a significant but underexploited opportunity. Through this collaboration, we will expand financial inclusion, strengthen food systems and support climate resilience while creating inclusive opportunities for women and youth,” said Mwangi.
On his part, MSC Group Managing Director Graham Wright highlighted the intensifying pressure in African economies stemming from climate change, food shortage, and economic disruptions.
“We aim to create an environment where risks are managed, data is available and stakeholders can make informed decisions,” said Mr. Wright.
Equity Group Backs Fisheries Sector Modernization Through Infrastructure and Training
The collaboration is expected to focus on providing financial literacy, entrepreneurship training, and access to tailored lending solutions for women and youth in the fisheries sector. The initiative plans to introduce cold storage infrastructure to reduce losses after harvesting, insurance plans to mitigate lending risks, technology systems to increase productivity and market accessibility.
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