(3 minutes read)
Four Seychelles-based businesses will take part in the first edition of the BlueInvest Africa Forum. The forum is a European Union initiative to promote the Blue Economy. The event will take place in Seychelles on September 6-8 and will be held under the patronage of Seychelles’ President Wavel Ramkalwan, who was named as one of the two patrons of the Ocean Decade Alliance at the One Ocean summit in France in February.
The BlueInvest forum will bring together investors from Africa and Europe and African start-ups in order to generate business opportunities and promote the Blue Economy sector in Africa.
Seychelles’ minister for the Blue Economy, Jean-Francois Ferrari said that “BlueInvest Africa” is a unique opportunity that Seychelles gets to bring all those entrepreneurs to Seychelles to share and exchange information in all sectors and sub-sectors of the Blue Economy. Seychelles was chosen as the venue due to its best credentials in the development of the Blue Economy, which is recognised by the European Union.
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The four Seychelles-based organisations taking part in the forum are: Seaweeds Seychelles, a processing plant for marine algae into organic compost for agriculture; Ocean Clean-up, an initiative to remove marine litter through clean-up dives and to sensitise fishermen and young people on marine pollution; Eco-fabrics that aims at creating locally made eco-friendly products to prevent microfibre pollution from textiles been released in the ocean; and Brikole, a new business processing fishing nets from industrial purse seiners into plastic items. The event will offer selected companies a unique opportunity to network with financial institutions including international ones such as the European Investment Bank and the World Bank as well as private investors.