Startups and businesses operating in the realm of the blue economy have been invited to apply for the second edition of BlueInvest Africa.
The event will showcase 30 projects to a panel of investors on July 3-4 in Kenya. Launched by the European Commission in 2022, BlueInvest Africa aims to bring together African entrepreneurs seeking funding and international investors on the lookout for opportunities within Africa’s blue economy.
The blue economy refers to all sustainable economic activities in marine or inland water environments, ranging from traditional sectors like fishing, tourism, and transportation, to emerging fields such as biotechnologies, aquaculture, and renewable energies.
Only companies registered and operating in Africa in the blue economy sector, including African small, micro, and medium-sized enterprises (SMMEs), can apply. The projects must be under development, intended for deployment in African countries, and have sustainability goals built into the production, execution, and life cycle of the project.
The application period remains open until January 26.
