Africa’s Blue Economy

Release Date: October 11, 2018
Author(s): Topic:
Publication Type: Fact Sheet

Overview

This fact sheet explores the current state of the Blue Economy in Sub-Saharan Africa, as well as the significant challenges to and massive potential for its future development.

Key Findings:

  • Africa has an enormous collective maritime domain which is largely economically underutilized.
  • Investment in domestic fishing industries and strengthened fisheries management are necessary to ensure fisheries are utilized sustainably and for the benefit of local coastal communities. 
  • African ports require significant investments in capacity and management reforms in order to facilitate trade growth.
  • Offshore oil and gas needs to be developed with environmental, governance, and corruption concerns in mind if it will be a resource for long-term national development.
  • Blue Economic development in Africa is closely linked with the ability of national maritime law enforcement entities to project security and governance into the maritime domain.