# Trade, Industry and Competition deputy minister John Steenhuisen says Africa’s blue economy offers significant investment opportunities, contributing an estimated 6.53-trillion-rands to the continent’s economy. Addressing BlueInvest Africa 2026 in Cape Town, he highlighted South Africa’s coastline and strategic position along international trade routes. Steenhuisen says the ocean economy can drive inclusive growth. He urged faster development of bankable projects, connecting African entrepreneurs with international investors to unlock opportunities in fisheries, shipping, tourism and renewable energy.
Steenhuisen calls for investment in Africa’s blue economy