Sights on oceans to revive economies in Africa

Just off the beaches of Africa is a potential goldmine for the economies of the struggling continent – its resource-rich oceans.

- Jabulile Mbatha

Head of the Africa Oceans Council (AOC), Commander Mokhele, believes if these resources are exploited in a sustainable manner, they could contribute more than $100 billion (about R1.8 trillion) to the continental economy and create 28 million jobs.

Next month, the AOC will be hosting the Africa Maritime Investment Indaba in eThekwini in an effort to push for steps to advance the "blue economy" as a driver of growth while maintaining international cooperation.