Socio-economic transformation

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ECA SRO-EA held its 19th session of the Intergovernmental Committee of Experts (ICE) on 2–5 March 2015, in Antananarivo, Madagascar, on the theme “Harnessing the Blue Economy for the development of Eastern Africa.” The meeting urged States in Africa to mainstream the Blue Economy into their national and regional development plans, where applicable

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The present Issues Paper aims at analysing how African countries can utilize the opportunities in the Blue Economy to bolster sustainable development and socioeconomic transformation. Agenda 2063 of the African Union declares the Blue Economy to be “Africa’s future” and recognizes the key role that the ocean plays as a catalyst for socioeconomic transformation. The paper examines the opportunities and challenges to developing the Blue Economy in Africa.