Africa's Blue Economy Generates Over $298 Billion Annually
you are currently viewing::Africa's Blue Economy Generates Over $298 Billion AnnuallyJuly 22, 2026--The African Union (AU)'s Director of Blue Economy and Sustainable Environment, Hersen Nyambe, stated on Wednesday (22,) in Luanda, that the continent's blue economy currently generates over 298 billion dollars in annual value, with projections pointing to USD 405 billion output by 2063. Presenting the "State of Africa's Blue Economy 2026 Report" during the Third Africa Blue Economy Conference, which opened on Wednesday (22) in the Angolan capital, the official highlighted that this sector employs more than 40 million people, with a possible increase to over 41 million jobs by 2030. Source: allafrica.com |
May 26, 2026-The continent recorded an estimated average GDP growth of 4.4 percent in 2025, with 22 economies posting rates above 5 percent.
In 2026, Africa is projected to grow at 4.2 percent, despite heightened geopolitical tensions and global supply shocks.
May 26, 2026-The continent recorded an estimated average GDP growth of 4.4 percent in 2025, with 22 economies posting rates above 5 percent.
In 2026, Africa is projected to grow at 4.2 percent, despite heightened geopolitical tensions and global supply shocks.
Central Africa is expected to see growth rising to 3.8 percent in 2026 from 3.6 percent in 2025, buoyed by sustained high oil prices
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