Africa's Blue Economy Generates Over $298 Billion Annually Africa's Blue Economy Generates Over $298 Billion Annually

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Africa's Blue Economy Generates Over $298 Billion Annually

July 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.

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Source: allafrica.com


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