BlueInvest Africa, a platform focused on promoting sustainable ocean-based economic activities, has opened applications for African startups and small businesses developing solutions for the blue economy, ahead of its next pitching event scheduled to take place in Cape Town later this year.
In a statement released on Wednesday, the organisers said selected companies would have the opportunity to present their projects to investors, participate in business-to-business meetings and join a growing network of stakeholders committed to sustainable coastal and marine development across Africa.
The pitching event is planned for November and will bring together early-stage and growth-stage ventures working on ocean sustainability, alongside investors, development finance institutions, policymakers and industry experts.
Applications close on Friday, February 13, the organisers said.
BlueInvest Africa targets startups and small and medium-sized enterprises (SMEs) offering innovative solutions in areas such as sustainable fisheries, aquaculture, marine conservation, coastal tourism, renewable ocean energy, waste management, maritime logistics and climate resilience.
More Read
According to the organisers, the initiative aims to address the persistent funding gap facing ocean-focused businesses in Africa, despite the continent’s extensive coastlines and vast marine resources.
“Many African blue economy startups struggle to access capital and strategic partnerships,” BlueInvest Africa said. “This platform is designed to connect them directly with investors and partners who understand the long-term value of sustainable ocean-based solutions.”
Selected companies will receive coaching support to refine their investment pitches and business models before presenting to investors. Participants will also gain access to a broader professional network focused on advancing responsible and inclusive growth in coastal communities.
More Read
The blue economy which includes all economic activities linked to oceans, seas and coasts is increasingly seen as a critical growth frontier for Africa. According to the African Union, the sector has the potential to contribute billions of dollars annually to the continent’s economy while supporting job creation, food security and climate adaptation.
However, experts note that unlocking this potential requires increased private investment, innovation and stronger sustainability safeguards to prevent overexploitation of marine ecosystems.
Cape Town was selected as the host city due to South Africa’s established ocean economy ecosystem and its role as a regional hub for maritime industries, research institutions and green finance initiatives.
BlueInvest Africa forms part of broader efforts by international partners, development agencies and African institutions to channel capital towards environmentally sustainable business models that balance economic growth with ocean conservation.
The organisers said they expect strong interest from startups across coastal and island states, as well as landlocked countries developing technologies and services linked to marine value chains.
