What losing Somalia boundary row means for our blue economy

In 2018, Nairobi hosted the first global Blue Economy Conference that put Kenya in the spotlight concerning the emerging area. Blue economy generally covers economic activities that take place in the ocean. They include coastal tourism and using raw materials from the ocean.

According to statistics from the Commonwealth website, the blue economy has the capacity to contribute approximately $15 trillion per annum globally. Already about 80 per cent of the world’s trade takes place via the ocean through import and export.

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Note: The results are not exact but very close to the actual.