By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
The High Street Journal
  • HOME
  • BUSINESS & ECONOMY
  • NEWS & UPDATES
  • WORK & CAREERS
    • THSJ Resources
  • LEGAL INSIGHTS
  • INNOVATION
  • OPINIONS
  • #STOPGALAMSEY
The High Street JournalThe High Street Journal
Search
  • HOME
  • BUSINESS & ECONOMY
  • NEWS & UPDATES
  • WORK & CAREERS
    • THSJ Resources
  • LEGAL INSIGHTS
  • INNOVATION
  • OPINIONS
  • #STOPGALAMSEY
Follow US
© 2024 | The High Street Journal. All Rights Reserved.
African PerspectiveBusiness & Economy

Africa’s Blue Economy Needs Stronger Policies, Credible Data and Regional Cooperation — Dr Matthias Naab

UNDP Director Dr Matthias Naab highlights stronger policies, credible data and regional cooperation as critical to unlocking Africa’s blue economy potential and sustainable growth.

Africa’s Blue Economy Needs Stronger Policies, Credible Data and Regional Cooperation — Dr Matthias Naab
Solomon Boakye
Jul 27, 2026

Along Africa’s coastlines, rivers and inland waters, millions of people depend on the resources beneath and around them for food, jobs and livelihoods. But turning those resources into lasting economic opportunities will require stronger systems to manage them, Director of the UNDP Regional Service Centre in Addis Ababa, Dr Matthias Naab, has said.

Dr Naab said Africa’s blue economy transformation must be supported by better policy coordination, credible data and stronger regional cooperation if countries are to fully benefit from their vast water and marine resources.

Speaking during the Africa Blue Economy Week 2026 in Luanda, Angola, Dr Naab said the continent’s ability to unlock the economic potential of its oceans, lakes and waterways would depend on how effectively governments and institutions work together.

He identified three priorities critical to advancing Africa’s blue economy agenda: stronger policy coherence across sectors, governance based on reliable data and increased cooperation among countries and regional institutions.

The blue economy covers a wide range of activities linked to water resources, including fisheries, aquaculture, maritime transport, tourism, coastal protection and emerging industries that rely on sustainable use of aquatic resources.

READ ALSO

The 2027 Budget Balancing Act Between Debt Walls and Expansive Social Commitments
Mahama Defends Gold Export Restrictions, Eyes Wider Mineral Processing
Transport Strike Threatens Supply Chains as TraffiTech-GH Launches

For many African communities, these sectors are not only economic activities but also sources of income and daily survival. However, limited coordination, weak data systems and gaps in investment have often slowed efforts to fully develop their potential.

The Africa Blue Economy Week 2026 brought together ministers, development partners, regional bodies and innovators to explore ways of accelerating sustainable growth from Africa’s water resources.

A major outcome of the meeting was the adoption of the Luanda Declaration on Africa’s Blue Economy, which reaffirmed commitments to improve governance, mobilise investment and expand opportunities for communities across the continent.

Dr Naab also highlighted the importance of evidence-based decision-making, noting that credible data would allow countries to better understand their resources, design stronger policies and attract investments into blue economy sectors.

He further called for deeper regional cooperation, pointing to the fact that many marine and environmental challenges extend beyond national borders and require collective action.

The discussions also highlighted the growing role of young people and women in developing solutions across areas such as aquaculture, coastal restoration, recycling and pollution reduction.

Partners including the African Union Commission, European Union, Southern African Development Community (SADC) and Norway participated in engagements focused on building partnerships to support sustainable and inclusive blue economy development.

As African countries search for new pathways for economic growth, the blue economy is increasingly being viewed as an opportunity to create jobs, strengthen food security and protect ecosystems that support millions of people.

For Dr Naab, the challenge now is ensuring that commitments made around Africa’s blue economy translate into practical results for communities, economies and the environment.

Share this:

  • Share on X (Opens in new window) X
  • Share on Facebook (Opens in new window) Facebook

Like this:

Like Loading…

Related

Subscribe to Our Newsletter
Subscribe to our newsletter to get our newest articles instantly!
[mc4wp_form]
Share This Article
Facebook Whatsapp Whatsapp LinkedIn Email
Previous Article GSE Market Value Rises to GH¢292 Billion Despite 87% Drop in Weekly Turnover GSE Market Value Rises to GH¢292 Billion Despite 87% Drop in Weekly Turnover
Next Article Gov’t Must Avoid Mistaking Spending Cuts and Gold Strength for Lasting Economic Capacity — C-NERGY Gov’t Must Avoid Mistaking Spending Cuts and Gold Strength for Lasting Economic Capacity — C-NERGY
- Sponsored Content -
Ad imageAd image

LATEST NEWS

NDPC Moves to Improve Coordination of District Development Plans and Budgets
NDPC Moves to Improve Coordination of District Development Plans and Budgets
News
MIIF Launches Five-Year Forest Restoration Project in Western Region
MIIF Launches Five-Year Forest Restoration Project in Western Region
News
Syrian National Arrested in Beirut with 40kg of Suspected Cocaine from Ghana
Syrian National Arrested in Beirut with 40kg of Suspected Cocaine from Ghana
Legal Insights News
Firefighting & Red Tape: The Nemesis of the Effectiveness of Gov't Ministries – Prof. Danquah
Firefighting & Red Tape Adversely Impacting the Effectiveness of Gov’t Ministries – Prof. Danquah
News
UniMAC-IFT Marks World Day for Audiovisual Heritage with Focus on Preserving Ghana’s Film History
News

You May Also Like

BoG Unveils Banking Reforms to Bolster Risk Management and Compliance

While the Fate of AGOA Hangs in the Balance, BoG Governor Remains Optimistic of Renewal

Overly Distorted Tax System Fuels Debt – Seth Terkper Urges Reform at New VAT Book Launch

From Bailout to PCI: How Ghana's IMF Transition Marks a Shift from 'fire fighting' to Building 'firewalls'

IMF Reaches Staff-Level Agreement on Fifth Review with Ghana

Oil Rebounds Toward $97 As US-Iran Talks Stall, Hormuz Fears Return

Oil Prices Ease as Traders Weigh Peace Prospects Against Gulf Tensions

AirtelTigo Bleeds GH₵20 Million Monthly Amid Mounting Debts Exceeding $200 Million – Minister Warns of Urgent Overhaul

AirtelTigo Bleeds GH₵20M Monthly Amid Mounting Debts Exceeding $200M – Minister Warns of Urgent Overhaul

GSE Market Value Rises to GH¢292 Billion Despite 87% Drop in Weekly Turnover

GSE Market Value Rises to GH¢292 Billion Despite 87% Drop in Weekly Turnover

Group Raises Potential Livelihood Impact of Ewoyaa Lithium Project Following Deal Ratification

Lithium Deal Renegotiation: Gov’t Urged to Protect “Its Slice of Pie” from Possible Dilution

T-Bill Market Swings Back to Oversubscription at 8.17% as Yields Climb Higher Across the Curve

T-Bills Enter 4th Week of Undersubscription with 34% Dip Amid Rising Yields, Stirring Gov’t Funding Concerns

The High Street Journal

About Us

Delivering focused and insightful business perspectives; impacting lives.

Email: [email protected]

Useful Links

  • About
  • AI Strategy & Policy
  • Advertise
  • User Policy
  • Be a Guest Author
  • Contact Us
  • Sitemap

Stay Connected

© 2026 | The High Street Journal. All Rights Reserved.

Loading Comments...
%d