In Asmara, East Africa talks climate change and sustainable development

In Asmara, East Africa talks climate change and sustainable development

East African nations took another step forward on regional integration this week, with an emphasis on measures to curb climate change impacts while developing economic opportunities. Fourteen nations were present at a three-day meeting of the Intergovernmental Committee of Senior Officials and Experts (ICSOE), co-hosted by the Economic Commission for…

Malawi gets $13 million to boost its Blue Economy

Malawi gets $13 million to boost its Blue Economy

Africa’s vision for the “Blue Economy” got a boost from African Development Bank Group (AfDB) this week, with the announcement of US $13.2 million in financing for fisheries and aquaculture in Malawi. The country’s government will add another $1.38 million for the Sustainable Fisheries, Aquaculture Development, and Watershed Management project…

Kenyatta makes his pitch for U.S. business investment

Kenyatta makes his pitch for U.S. business investment

Kenya’s President Uhuru Kenyatta met with business leaders in the United States this week in a bid to attract more investment, particularly in manufacturing as his nation seeks to nearly double the sector’s share of GDP by 2022. Kenyatta spoke at a private forum hosted by the U.S. Chamber of…

Namibia’s new fishing vessel a boost to its blue economy

Namibia has upped investment in its fishing industry with the welcome of “Oshiveli,” the country’s first brand-new fishing vessel built for Tunacor. The USD$13.8 million ship was built in Spain before arriving in Walvis Bay, where it is set to begin working at the end of December, according to the…

Uganda’s Museveni promises action on ‘blue economy’

President Yoweri Museveni of Uganda was among the top African leaders to deliver an address Monday during the opening session of the Blue Economy Conference in Nairobi, Kenya. Museveni said he was at first skeptical about the summit on oceans and water resources, but came to the conclusion that marine…