International Ocean Economy Stakeholders to Meet in SA for Innovation Summit

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False Bay is a body of water in the Atlantic Ocean between the mountainous Cape Peninsula and the Hottentots Holland Mountains in the extreme south-west of South Africa. The mouth of the bay faces south and is demarcated by Cape Point to the west and Cape Hangklip to the east. The north side of the bay is the low-lying Cape Flats. Much of the bay is on the coast of the City of Cape Town, and it includes part of the Table Mountain National Park Marine Protected Area and the whole of the Helderberg Marine Protected Area. This photo is Cape Point is situated within the Table Mountain National Park, within a section of the Park referred to as Cape of Good Hope. This section covers the whole of the southern tip of the Cape Peninsula.

Hundreds of stakeholders will gather in Cape Town next month for the Ocean Innovation Africa Summit and exhibition. They will be exploring ocean conservation and the opportunities for Africa in the emerging ‘blue economy’.

The worldā€™s ocean and seas, critical in the broader climate change discussion, also offer a wealth of new, sustainable business opportunities.

Founder of the Global Ocean Trust and speaker at the summit, Torsten Thiele, believes Africa has an opportunity to leapfrog more developed regions in the blue economy space. The blue economy, is defined by the UN as a range of sustainable and socially equitable economic activities related to the oceans, seas and coastal areas. It offers immense opportunities to investors, entrepreneurs and communities.

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