CAIRO - 13 September 2022: A recent study published by the Egyptian Center for Thought and Studies stated that the blue economy contributes greatly to the Egyptian economy. The private sector contributes about 99% of the fish sector production and 90% of fish feed production in 2019. This trend is very important in light of the multiplicity of international crises affecting the movement of global trade, and the high prices of imported goods, and its reflection on the Egyptian economy. The study indicated that Egypt owns about 53 seaports, including 15 commercial ports and 38 specialized ports. The study stated that there is great importance for the blue economy for the continent of Africa, and the Africa Agenda 2063 included describing the blue economy as a window to achieve the African renaissance.
