an unprecedented meeting between entrepreneurs and investors to develop the potential of the blue economy in Africa
BlueInvest Africa will take place in the Seychelles on the island of Mahé on Wednesday 7 and Thursday 8 September. This is a business event, both physical and online, organized by the European Union in cooperation with the Government of the Republic of Seychelles.
BlueInvest Africa will bring together for the first time entrepreneurs and investors around projects likely to boost the African blue economy. The blue economy refers to all economic activities taking place in a marine or river environment, whether traditional, such as fishing, tourism and transport, or innovative, such as biotechnology, aquaculture and renewable energy. .
To mark the importance of the event, the opening ceremony will include statements by Wavel Ramkalawan, President of the Republic of Seychelles, and Charlina Vitcheva, Director General for Maritime Affairs and Fisheries at the European Commission.
Bringing entrepreneurs and investors together
The theme of the event will be the presentation of 23 “blue” projects to a panel of investors and actors present in Mahé and online. These presentations will take place during six thematic sessions spread over the two days. The ambition is to enable bearers of African ideas to find partners on this occasion to co-finance and make their projects a reality.
The entrepreneurs come from all over Africa, mainly sub-Saharan Africa, and were nominated by a selection committee. They affect many types of activities. Among others: recovery of fishery and aquaculture products, production of renewable energy, collection and recycling of plastic waste, etc.
These entrepreneurs have been coached for an effective and attractive presentation of their projects. The best of them will be rewarded with a prize, awarded during the closing ceremony of the event.
An African Perspective on the Sustainable Blue Economy
Between these presentation sessions, several meetings will allow participants to learn and discuss developments in the blue economy in Africa:
- Three TED speakers will share their experiences: Captain Londy Ngcobo, founder of Global Maritime Youth (South Africa), Desiree Brouwer, founder of Nonzēro Africa (South Africa) and Diana Orembe, CEO of Novfeed (Tanzania).
- A field visit will allow you to discover the new aquaculture centre, financed by the European Union, which acclimatizes wild brood fish for fish farms in the Seychelles.
- A round table will present the scope and diversity of innovative financing mechanisms that entrepreneurs can benefit from in the search for investments.
- Breaks and snacks will take place as part of an exhibition of promising blue economy projects carried out by African micro, small and medium enterprises.
A context of sustainable development and intercontinental cooperation
Virginijus Sinkevičius, European Commissioner for Environment, Oceans and Fisheries, says:
BlueInvest Africa is part of a strengthened cooperation between Europe and Africa on ocean issues, both for the management of intercontinental maritime activities and for the sustainable development of the blue economy. Because the blue economy has considerable development potential, especially on a continent like Africa, which benefits from immense marine, lake and river resources. The challenge is sustainability, a sine qua non condition for the blue economy to become a permanent hub of innovation, recovery and employment, while respecting the aquatic environment and the well-being of local populations..
President Wavel Ramkalawan of the Republic of Seychelles says:
Seychelles is happy to host an international and pan-African event such as BlueInvest Africa. As a maritime nation, we are particularly proud to draw attention to the results of the sustainable development of the blue economy that we have been pursuing since 2018. Our goal is to diversify investment in tourism, but also to enable our entrepreneurs to realize the potential development of the archipelago, through innovative and knowledge-based approaches, bearing in mind the need to maintain the integrity of our marine environment and heritage for present generations and future.
Blue Invest Africa 2022