The Western Indian Ocean (WIO) is facing a significant maritime security threat, costing the region approximately USD 1.14 billion annually, which represents 5.7% of its gross marine product. This alarming statistic was disclosed during a regional meeting in Mauritius, organized by the United Nations Economic Commission for Africa (ECA) and the Indian Ocean Commission (IOC). The three-day event aims to launch a report on maritime insecurity costs, validate a Financial Sustainability Mechanism for long-term funding, and finalize the IOC Blue Economy Action Plan for 2026-2030.
The ECA-IOC report, “Rocking the Boat: The Socio-Economic Impact of Maritime Threats in the Western Indian Ocean (2025),” emphasizes the region’s vulnerability despite its vast economic potential. Valued at USD 333.8 billion, the ocean supports millions, with fisheries employing nearly 4 million people in Eastern Africa. However, ongoing threats, including high precautionary costs and insurance premiums, have drained resources. The report also highlights the severe financial impact of environmental disasters, such as the MV Wakashio oil spill.
To combat these issues, experts stress the importance of integrating maritime security into Blue Economy planning and establishing a sustainable funding mechanism. Recommendations include enhancing cooperation among nations, improving data-sharing, and reinforcing actions against illegal fishing and trafficking. The ongoing workshop aims to translate these strategies into actionable plans, ultimately fostering a resilient and prosperous blue economy for the region.
