Marketplace Africa

In Lagos Nigeria, 17% of the state is composed of waterways and lagoons. But water transportation is highly underutilized, despite poor road infrastructure and traffic congestion. Now, the state actively seeking to develop its waterways network through public ferries and private operators as well as a partnership with the international boat racing franchise E1, with the first African E1 event taking place in October. E1 is also looking to grow their presence on the continent through digital education and outreach, something that is launching in tandem with the event in October. We take a look at the challenges and opportunities of developing Lagos' waterways, and the potential economic boost of tapping into the region's blue economy. Also, Aspen Global CEO Samer Kassem sits down to discuss the biopharmaceutical giant's growth strategy and the markets he believes will grow in the coming years.