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Resilience in Africa's Transition to a Sustainable Digital and Blue Economy: Policy and Regulatory Framework in Nigeria
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Author(s): Enameguono Ekpemuaka (Lagos Business School, Pan-Atlantic University, Nigeria), Oluwasegun R. Odunlade (Lagos Business School, Pan-Atlantic University, Nigeria)and Sheneni Felix Maiyaki (Lagos Business School, Pan-Atlantic University, Nigeria)
Copyright: 2025
Pages: 24
Source title:
Securing Sustainable Futures Through Blue and Green Economies
Source Author(s)/Editor(s): Patricia Ordóñez de Pablos (University of Oviedo, Spain), Miltiadis D. Lytras (Computer Science Department, College of Engineering, Effat University, Saudi Arabia)and Sawsan Malik (Arab Open University, Kuwait)
DOI: 10.4018/979-8-3693-7893-9.ch006
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Abstract
Africa's transition to a digital and blue economy presents immense sustainable economic growth and development opportunities. This chapter examines the current state of these emerging sectors, focusing on Nigeria's early-stage efforts to harness their potential. The Blue Economy contributes significantly to Africa's GDP, while the digital economy has similarly transformative effects linked to increased mobile broadband penetration in sub-Saharan Africa. However, Nigeria's regulatory frameworks for both the blue and digital economies need to be translated into actionable strategies. This chapter explores existing policies and initiatives, such as the establishment of Nigeria's Ministry of Marine and Blue Economy in 2023 and the African Union's Digital Transformation Strategy for Africa. It identifies key gaps in policy and regulation. It proposes strategies for creating a more robust and cohesive framework that supports sustainable development, economic resilience, and innovation across the blue and digital economies.
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