26 November 2018

Africa: What You Need to Know About Africa's Blue Economy


Cape Town — The Blue Economy is about all activities that make sure we use the ocean sustainably while pursuing economic growth, improved livelihoods and jobs, and a healthy ocean, says the World Bank. This could be areas such as renewable energy, transportation routes, food, and labour.

Here are a few more interesting facts from the Sustainable Blue Economy Conference in Nairobi, Kenya:

- "$23 billion is robbed from the global economy every year by illegal fishing

- 2.2 million species of plants, animals and organisms live in our aquatic systems

- Only 2% of the world's maritime seafaring workforce are women

- 3.1 billion people live within 100km of the oceans of seas

- 1.5 trillion is the annual value of the worldwide ocean economy and is expected to double by 2030

- 90% of global trade is carried by sea and will double by 2030".

The world's oceans are central to culture, our food, our health and our economies.

More on This

The Blue Economy - a New Frontier for Small Island Developing States

The blue economy - a concept and economic model that balances economic development with equity and environmental… Read more »

See What Everyone is Watching

Copyright © 2018 allAfrica.com. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com). To contact the copyright holder directly for corrections — or for permission to republish or make other authorized use of this material, click here.