• Contact
Tuesday, December 9, 2025
  • Login
The African Business - News About African business
  • Home
  • EconomyNew
    Nigerian fighter jets

    Nigeria dispatches jets, troops to quash Benin coup bid

    nigeria

    Nigeria in talks with China for $2bn loan for super grid

    REFINARIA de cabinda distição, Marcelo Hofke, CEO da Gemcorp Angola

    Newly Inaugurated Cabinda Refinery Awarded Downstream Operator of the Year in Luanda

    Trending Tags

  • Business
    Dangote Refinery

    Dangote storms back into the $30 billion club after momentarily falling below the mark

    De Beers

    Angola Makes Formal Bid to Buy 85% of De Beers, Challenging Botswana’s Dominance in the Diamond Sector

    3.ª Cimeira sobre Financiamento de Desenvolvimento das Infra estruturas em África

    Infrastructure Development Summit Raises 18 Billion Dollars in Projects

    dhl

    DHL plans to invest €300m to expand logistics in Africa

    kenya airways

    Kenya Airways takes off on locally made jet biofuel in bid to attract green investment

    vodacom

    Africa’s second-largest telecom operator to invest $29 million in 5G expansion in South Africa

    multichoice

    French media giant Canal+ to list in South Africa after $3 billion MultiChoice takeover

    refinery

    Africa’s refining capacity expands as Uganda’s $4 billion oil refinery nears 2030 start

    dangote

    Dangote’s wealth rebounds to $29 billion despite domestic pressures, on cement and refinery growth

  • Finance
    Standard Bank

    South Africa banks curb lending over climate-related default risks, study finds

    Armando Jorge Mota

    Armando Jorge Mota Announced as New CEO of Sanlam Angola Seguros

    Nigeria asks banks to save forex gains amid currency risks

    Nigeria asks banks to save forex gains amid currency risks

    PayPal finally launches Apple Pay support for its credit and debit cards

    PayPal finally launches Apple Pay support for its credit and debit cards

    TLG Capital launches ₦2.25B collateralized credit facility for OnePipe

    TLG Capital launches ₦2.25B collateralized credit facility for OnePipe

    Silicon Valley Bank: Global bank stocks slump despite Biden reassurances

    Silicon Valley Bank: Global bank stocks slump despite Biden reassurances

    [Kenya] Digital credit provider Tala disbursed Sh240 billion in loans in eight years

    [Kenya] Digital credit provider Tala disbursed Sh240 billion in loans in eight years

    Digital banking revolution can help SA banks regain their customers’ love, says BCG

    Digital banking revolution can help SA banks regain their customers’ love, says BCG

    Nigeria launches payments card program to rival Visa and Mastercard

    Nigeria launches payments card program to rival Visa and Mastercard

  • Opinion
  • Lifestyle
  • Sports
  • Green Economy
No Result
View All Result
  • Home
  • EconomyNew
    Nigerian fighter jets

    Nigeria dispatches jets, troops to quash Benin coup bid

    nigeria

    Nigeria in talks with China for $2bn loan for super grid

    REFINARIA de cabinda distição, Marcelo Hofke, CEO da Gemcorp Angola

    Newly Inaugurated Cabinda Refinery Awarded Downstream Operator of the Year in Luanda

    Trending Tags

  • Business
    Dangote Refinery

    Dangote storms back into the $30 billion club after momentarily falling below the mark

    De Beers

    Angola Makes Formal Bid to Buy 85% of De Beers, Challenging Botswana’s Dominance in the Diamond Sector

    3.ª Cimeira sobre Financiamento de Desenvolvimento das Infra estruturas em África

    Infrastructure Development Summit Raises 18 Billion Dollars in Projects

    dhl

    DHL plans to invest €300m to expand logistics in Africa

    kenya airways

    Kenya Airways takes off on locally made jet biofuel in bid to attract green investment

    vodacom

    Africa’s second-largest telecom operator to invest $29 million in 5G expansion in South Africa

    multichoice

    French media giant Canal+ to list in South Africa after $3 billion MultiChoice takeover

    refinery

    Africa’s refining capacity expands as Uganda’s $4 billion oil refinery nears 2030 start

    dangote

    Dangote’s wealth rebounds to $29 billion despite domestic pressures, on cement and refinery growth

  • Finance
    Standard Bank

    South Africa banks curb lending over climate-related default risks, study finds

    Armando Jorge Mota

    Armando Jorge Mota Announced as New CEO of Sanlam Angola Seguros

    Nigeria asks banks to save forex gains amid currency risks

    Nigeria asks banks to save forex gains amid currency risks

    PayPal finally launches Apple Pay support for its credit and debit cards

    PayPal finally launches Apple Pay support for its credit and debit cards

    TLG Capital launches ₦2.25B collateralized credit facility for OnePipe

    TLG Capital launches ₦2.25B collateralized credit facility for OnePipe

    Silicon Valley Bank: Global bank stocks slump despite Biden reassurances

    Silicon Valley Bank: Global bank stocks slump despite Biden reassurances

    [Kenya] Digital credit provider Tala disbursed Sh240 billion in loans in eight years

    [Kenya] Digital credit provider Tala disbursed Sh240 billion in loans in eight years

    Digital banking revolution can help SA banks regain their customers’ love, says BCG

    Digital banking revolution can help SA banks regain their customers’ love, says BCG

    Nigeria launches payments card program to rival Visa and Mastercard

    Nigeria launches payments card program to rival Visa and Mastercard

  • Opinion
  • Lifestyle
  • Sports
  • Green Economy
No Result
View All Result
The African Business - News About African business
No Result
View All Result
Home Green Economy

In Egypt, climate change threatens coral reef tourism

TAB by TAB
31/12/2021
in Green Economy
0
In Egypt, climate change threatens coral reef tourism
0
SHARES
7
VIEWS
Share on FacebookShare on Twitter

In Egypt, climate change threatens coral reef tourism

A study presented on the side-lines of the 26th United Nations Climate Change Conference says Egypt’s coral reef tourism could lose more than 90% of its revenue due to climate change. The sector brings in about $7 billion in annual revenue for Egypt, 86% of which comes from coral reef tourism alone.

Related posts

climate

Africa urged to shift focus from climate fight to adaptation

13/10/2025
4
AfDB

AfDB joining the African Carbon Markets Initiative

05/06/2024
7

In Egypt, climate change threatens coral reef tourism

Coral reef tourism revenues in Egypt could fall drastically due to global warming. In a report released on the side-lines of the United Nations climate talks, scientists warn that Egypt could lose more than 90 percent of its coral reef tourism revenue by 2100. Coral reefs are fragile ecosystems threatened with extinction around the world due to climate change, storms, pollution and overfishing.

“Although the situation of coral reefs in Egypt is not the worst among the list of countries affected by rising temperatures in the world, it is believed that it will be severely affected in terms of economy, as Egypt ranks first in the world in terms of countries with the highest values of tourism related to coral reefs, “said Khaled Allam, an expert of the project to strengthen the organization and management of Egyptian nature reserves, author of the study.

According to the study, coral reefs live and thrive at temperatures between 25°C and 40°C, and if the temperature exceeds this limit, the reefs bleach and eventually die.

The impact of human activities

Human activities also have a negative impact on the development of coral reefs in the Red Sea. These include illegal and destructive fishing methods, unsustainable coastal and land-based developments that cause encroachment and pollution in coral reef areas, and tourism overcapacity (i.e., too many tourists at one site).

The rich and diverse ecosystem of the Red Sea coral reefs in Egypt does indeed offer significant tourism benefits to this North African country. These labyrinths of red, yellow or green corals (209 varieties in Egypt alone), where more than 1,000 species of colourful fish nest, attract divers from all over the world. Water sports enthusiasts enjoy diving, snorkelling and glass-bottom boat tours. These activities bring Egypt about $7 billion in annual revenues, 86% of which comes from coral reef tourism alone.

In Egypt, climate change threatens coral reef tourism

Source: Afrik21
Previous Post

Cities have shown the way in responding to emergencies and crises

Next Post

Has the Premier League turned into a one-horse race?

Next Post
Has the Premier League turned into a one-horse race?

Has the Premier League turned into a one-horse race?

RECOMMENDED NEWS

Mastercard and Fintech Kashat partner to expand financial services to Egypt’s unbanked and underbanked

Mastercard and Fintech Kashat partner to expand financial services to Egypt’s unbanked and underbanked

4 years ago
8
Standard Bank blown in home repo case, referred to banking ombud

Standard Bank blown in home repo case, referred to banking ombud

3 years ago
6
Here’s how weather affects your mood and energy

Here’s how weather affects your mood and energy

3 years ago
4
South Africa is playing Russian roulette with its economy

South Africa is playing Russian roulette with its economy

2 years ago
7

BROWSE BY CATEGORIES

  • Business
  • Economy
  • Finance
  • Green Economy
  • Lifestyle
  • Opinion
  • Sports
  • Uncategorized

Ads

Categories

  • Business
  • Economy
  • Finance
  • Green Economy
  • Lifestyle
  • Opinion
  • Sports
  • Uncategorized
The African Business - News About African business

We bring you the best Premium news about African Business.

Follow us on social media:

Recent News

  • Dangote storms back into the $30 billion club after momentarily falling below the mark
  • Nigeria dispatches jets, troops to quash Benin coup bid
  • Angola Makes Formal Bid to Buy 85% of De Beers, Challenging Botswana’s Dominance in the Diamond Sector

Category

  • Business
  • Economy
  • Finance
  • Green Economy
  • Lifestyle
  • Opinion
  • Sports
  • Uncategorized

Legal Information

Terms and Conditions
Privacy Policy
Complaints Book

  • Contact

© 2021 The African Business

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Economy
  • Business
  • Finance
  • Opinion
  • Lifestyle
  • Sports
  • Green Economy

© 2021 The African Business