Browsing: Marine fisheries in Africa

Seychelles-Blue-Bond-Economy

Seychelles’ Blue Bond Economy spurs up a new global movement

Investing

Seychelles’ economy has taken a positive turn, with its blue bond economy roadmap drawing attention from international organizations. Nuveen, a global asset manager, has expressed interest in purchasing Ecuador’s new $656 million blue bond. If Nuveen can acquire this economic goldmine, it would significantly bolster the African island’s overall trajectory through its primary source of revenue.…

A spotlight on Africa’s port industry and its challenges

Industry and Trade
  • As we mark Africa Day today, our writer, Ken Mutuku, takes a deep dive into the port industry across the continent. He highlights it vast potential and the big challenges holding it back.
  • Every year, May 25th, serves as an opportunity to acknowledge the remarkable progress Africa has made, while reflecting on the challenges it continues to face.
  • Key ports offer entry into several resource-rich regions and countries such as Kenya, Tanzania, Mozambique and South Africa.

Africa's port industry continues to play an integral role in the continent's supply chain cycle, and has been powering import and export trade of developing economies since colonial times. Despite this, it is still an underutilized and underdeveloped resource that requires significant financing and upgrade to power accelerated growth in resource-rich African economies.

Africa, a continent of vibrant colors, diverse landscapes, and rich cultural heritage, is a true testament to the human spirit's…

…

Africa’s blue economy potential for diversification

Investing

Africa seeks economic prosperity rooted in sustainable development and inclusive growth. Appropriate governance and exploitation of the latent potential in the African blue economy can accelerate economic growth. Consequently, this can help alleviate poverty throughout the continent.…