Zanzibar's blue economy entrepreneurs are being trained to enhance financial management, value addition, and sustainable practices to unlock marine resource potential.

Equity Bank Tanzania, under the NORAD-FINE Project, conducted a two-day training for 200 farmers and fishers, focusing on financial literacy, modern farming techniques, and reducing post-harvest losses.The initiative addresses challenges like limited access to finance, climate impacts, and low productivity.Training sessions emphasized budgeting, responsible borrowing, and sustainable seaweed farming methods to protect marine ecosystems.Experts highlighted the importance of processing seaweed into higher-value products to improve incomes and create new business opportunities.The project supports SMEs in blue economy sectors, aiming to strengthen economic resilience and ensure communities benefit from marine resources.This effort aligns with broader goals to position Zanzibar as a leader in sustainable ocean-based economic growth.