Browsing: Africa Blue Economy Strategy

• Africa's maritime trade, which hit $22Bn in 2018, will reach $48Bn by 2063 but relies heavily on fossil fuels.
• Shipping fuels global warming and is responsible for 2.5 per cent of greenhouse gas emissions.
• Africa urged to include maritime decarbonisation in NDCs for a greener future.

Africa’s maritime trade continues to grow exponentially. However, in light of the climate change crisis and the continent’s vulnerability, deliberations on decarbonising Africa's maritime transport have emerged. During the Africa Climate Summit (ACS) in Nairobi, Kenya, a key focus point of the Nairobi Declaration was the urgent need to "accelerate all efforts to reduce emissions to align with goals outlined in the Paris Agreement." Further, world leaders were urged to support and rally behind the proposed global carbon tax on fossil fuel trade and maritime transport.

During the summit, the "Creating Sustainable Pathways in Africa" session sought to realise eco-friendly shipping and economic growth…

• In the past 10 years, DP World has solidified its presence in over 40 countries, including in nearly 10 ports in Africa, boosting the continent's blue economy.
• Senegal is one of the biggest beneficiaries of DP World overseas investments in ports.
• In June, Tanzania engaged DP World to run two berths in the Port of Dar es Salaam.

DP World, one of the largest marine terminal operators is assuming a bigger role Africa's blue economy. In the past 10 years, the Dubai based multinational has solidified its presence in over 40 countries, including nearly 10 ports in Africa. 

With every eye gunning for Africa's vast natural resources, what role is DP World playing in advancing Africa's blue economy? The blue economy is one of the oldest economic activities by human beings. Blue economy encompasses a wide range of sectors, including fisheries and aquaculture, maritime transport, renewable energy (such as offshore