It is estimated that Africa’s coastline hosts a Blue Economy estimated at Sh103 trillion ($1 trillion) yearly.
The United Nations Commission for Africa (Uneca) defines the Blue Economy as that which covers both aquatic and marine spaces, including oceans, seas, coasts, lakes, rivers, and underground water encompassing a range of productive sectors, including fisheries, aquaculture, tourism, transport, shipbuilding, energy, bioprospecting and underwater mining and related activities.