The African Development Bank Group and Shanghai Ocean University have signed a Memorandum of Understanding (MoU) to strengthen cooperation in fisheries, aquaculture, marine science, blue economy development, and capacity building. The agreement is expected to advance Africa's efforts to promote sustainable growth and unlock the potential of its blue economy.
Jacques Edjangue, Vice President for People and Talent Management at the African Development Bank Group, signed on its behalf during an official visit to Shanghai. Dr. Wei Hu, President of Shanghai Ocean University also signed.
Under the agreement, the African Development Bank Group and Shanghai Ocean University will cooperate in five priority areas: fisheries and aquaculture; marine science; blue economy development; academic exchanges; and talent development and capacity building. The partners will create a framework for collaboration in research, knowledge exchange, academic cooperation, and professional development.
"Africa's blue economy presents significant opportunities for sustainable development, innovation, and employment," said Edjangue. "Partnerships with leading institutions such as Shanghai Ocean University help expand access to knowledge, skills, and expertise that can support African countries in building resilient economies and creating opportunities for future generations."
"The African Development Bank Group stands at the center of Africa's development architecture, serving as a pivotal institution in mobilising finance, fostering regional cooperation, and accelerating inclusive and sustainable growth across the continent," said Dr. Hu. "Today's signing ceremony marks an important milestone in the partnership between the two institutions. It represents a concrete expression of strengthened China-Africa cooperation in science, technology, and education, and reflects our shared commitment to advancing the spirit of South-South cooperation."
The partnership advances the Bank Group's Four Cardinal Points (CPs), particularly CP 3 which prioritises harnessing Africa's youthful demographics into a dividend through investment in human capital and skills development. It also supports efforts to unlock Africa's capital power by fostering knowledge partnerships that enhance institutional capacity and innovation. In addition, the collaboration contributes to building resilient systems and adding value to natural resources, including through the promotion of sustainable ocean and blue economy development.
The MOU was signed on 12 May 2026.
