The second International Blue Financial system Conference (IBEC-2025) led to The Gambia on Friday with a name on numerous stakeholders to embrace efficient collaboration with a purpose to unlock the complete potential of the Blue Financial system.
Organised by the Regional Maritime College (RMU) in Accra in collaboration with the Dar es Salaam Maritime Institute(DMI),Tanzania and beneath the auspices of the Gambian Ministry of Transport, Works and Infraconstruction, the convention was held beneath the theme: ‘Harnessing the Blue Financial system: Leveraging for Revolutionary and Sustainable Development.’
The three-day convention introduced collectively over 200 international stakeholders to share concepts on selling the blue financial system to subsequently lead improvement throughout the continent, by tapping into prospects throughout the maritime trade.
The Performing Vice Chancellor of the RMU, Dr Jethro W. Brooks Jr, known as on numerous stakeholders to foster collaborations throughout the sub-region with a purpose to harness the complete potential of the blue financial system.
He emphasised the necessity for trade gamers to be progressive and collaborate successfully to faucet into the prospects inside ocean.
Dr Brooks Jr mentioned the blue financial system centered on leveraging oceanic assets to drive economic improvement whereas maintaining the surroundings.
“Our imaginative and prescient to utilise the resources throughout the ocean to foster financial improvement throughout the sub-region might solely be realised via innovation, collaboration and dedication to sustainability,” he said.
Whereas specializing in development via the blue financial system, he indicated that, it was additionally important to contemplate environmental sustainability.
“A very good blue financial system should guarantee conservation, fairness in addition to exclusivity. It is very important give attention to a long run strategy which might make sure that in the present day’s blue financial system would construct a legacy for tomorrow,” he said.
He counseled organisers and sponsors for his or her efforts whereas expressing optimism in direction of a better future with give attention to the blue financial system.
Amongst dignitaries on the convention have been the Vice President of the Gambia, Muhammad B.S Jallow, and The Gambian Minister for Transport, Works and Infraconstruction, Mr Ebrima Sillah, in addition to a number of Ministers of State and heads of establishments.
The Gambian Vice President reiterated that “we’re at a decisive second that calls for that we fully leverage the financial potential the marine and Blue Financial system gives. The Blue Financial system is basically necessary, emphasising the sustainable use of ocean assets to drive financial development, improve livelihoods, and create jobs whereas guaranteeing the well being of marine ecosystems.”
On his half, the Gambian Minister of Transport, Works and Infrastructure (MOTWI), Ebrima Sillah, added that “the Blue Financial system is not only very important for our economies however important for the livelihoods on this planet.”
BY JEMIMA E KUATSINU
