Economy

By Wanjohi Kabukuru[Honolulu, Hawai’i] As of 2015 the global oceans wealth was valued at US$24 trillion. With an annual value of goods and services standing at $2.5trillion oceans would take the seventh position when ranked with the world’s top-10 global leading economies. This was according to a WWF report, “Reviving the Ocean Economy: The case for action – 2015”.Boston Consulting Group and the University of Queensland’s Global Change Institute co-produced this report with the WWF.With this lead in global economic affairs, it was no surprise that oceans would take a centre stage at the IUCN World Conservation Congress held deep…
By Wanjohi Kabukuru[Lamu, Kenya] On Sunday 8th March 2015 Indian Prime Minister Narendra Modi posted on his Facebook page: “The Indian Ocean region is a region of great inspiration for us and India attaches paramount importance to strengthening relations with this region. My 1st destination in the region would be Seychelles. I am eagerly awaiting my visit to Seychelles on 11th March. I am very glad that I am able to visit Seychelles early on during my tenure and I look forward to working with President Michel to strengthen cooperation between India and Seychelles. India’s relationship with Seychelles is a…
BOOK REVIEW: Rethinking the Oceans: Towards the Blue EconomyAuthor: James Alix MichelPublisher: Paragon House (USA)Reviewer: Wanjohi Kabukuru218pages[Mahe, Seychelles] Even though Seychelles President James Alix Michel has distinguished himself as the world’s most progressive proponent of the Blue Economy model few expected him to write a book on this new development paradigm. Yet that is exactly what he has done. However for those who have keenly followed his presidency, this was not entirely surprising. In a record six years President Michel has released four books. In 2010 he unveiled his first book “A Man of the People”. This was closely followed…
By Dr. Nirmal Jivan Shah, [Roche Caiman, Seychelles] I was at the first Earth Summit in Rio in 1992 where Sustainable Development was hailed by the world community as the silver bullet to solve society’s ills. But somehow Sustainable Development emerged, by and large,through land-based architecture. I also attended the second Earth Summit, Rio+10, in South Africa where the movement to set up Green Economies mysteriously avoided speaking about the oceans in any substantive manner, despite thefact that many African countries have large coastlines and ocean spaces which provide millions of their citizens with livelihoods and food. African Small Island…
Résumée informations ressources Comorespar Abdillahi Maoulida Mohamed[Moheli, Comoros] 1) la pêcheLes iles Comores sont caractérisées, en raison de leur origine volcanique, par un plateau continental très étroit, de 900 km2 environ pour les trois îles. Par contre la zone économique exclusive (ZEE) des trois îles couvre une superficie totale d’environ 160 000 km2. Les plateaux continentaux sont caractérisés par une faune très variée de poissons, de crustacés et de mollusques (vivant sur/ou à proximité du fond) ainsi que d’espèces pélagiques côtières vivant en bancs en plus ou moins grande quantité selon les saisons avec à proximité de la côte, une…
BY WANJOHI KABUKURU[Lamu, Kenya] The recent offshore discoveries of oil and gas deposits in the east African countries bordering the Indian Ocean namely Mozambique, Tanzania and Kenya have dramatically changed the general view of the sea. The US Energy Information Administration (EIA) in its May 23 2013 report concludes that Tanzania, Uganda, Kenya, Mozambique and Madagascar are set to become the new oil and gas economies in the world.Interest for offshore resources now covers the entire region which is the sea stretch from Mozambique to Yemen and envelops the island nations of Mauritius, Maldives, Madagascar, Seychelles and Comoros. This region…
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