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UNLOCKING THE MARITIME POTENTIAL OF LAKE VICTORIA BY THE RIPARIAN STATES

Olali Odula, Fredrick (2024)
Department of Service Studies
Abstract
Lake Victoria, the second-largest freshwater lake globally, holds immense geographical and
economic importance in East Africa. Shared by Kenya, Tanzania, and Uganda, it influences
diverse sectors such as ecology, hydrology, transportation, fisheries, agriculture, tourism, and
energy production. Despite its strategic location and economic significance, the riparian
states have not fully exploited its navigational capacity for maritime trade, raising questions
about the factors hindering its shipping potential and the implications for regional economic
development.
This paper explores the underutilization of Lake Victoria's shipping potential, focusing on
historical significance, inadequate infrastructure, regulatory challenges,... (More)
Lake Victoria, the second-largest freshwater lake globally, holds immense geographical and
economic importance in East Africa. Shared by Kenya, Tanzania, and Uganda, it influences
diverse sectors such as ecology, hydrology, transportation, fisheries, agriculture, tourism, and
energy production. Despite its strategic location and economic significance, the riparian
states have not fully exploited its navigational capacity for maritime trade, raising questions
about the factors hindering its shipping potential and the implications for regional economic
development.
This paper explores the underutilization of Lake Victoria's shipping potential, focusing on
historical significance, inadequate infrastructure, regulatory challenges, environmental
concerns, and the lack of economic incentives. While the lake has served as a vital trade
route for centuries, contemporary shipping activities fall short of its full potential due to
insufficient infrastructure, including ports, navigational aids, and transportation networks.
Initiatives to rehabilitate certain ports indicate positive steps, but a harmonized regulatory
framework is essential to instill confidence and promote increased shipping activities.
Environmental sustainability is a crucial consideration, requiring careful planning and
sustainable practices to prevent adverse impacts. Despite the economic potential, the
absence of adequate incentives hampers private and public stakeholder interest. The
recommendations encompass infrastructure development, sustainable practices, and
inclusive policies, aiming to catalyze regional trade, connectivity, and economic prosperity.
This research serves as a call to action, advocating for collaborative efforts among riparian
states and international partners to harness the latent maritime opportunities within Lake
Victoria (Less)
Please use this url to cite or link to this publication:
author
Olali Odula, Fredrick
supervisor
organization
year
type
L3 - Miscellaneous, Projetcs etc.
subject
language
English
id
9175845
date added to LUP
2024-10-02 13:04:02
date last changed
2024-10-02 13:04:02
@misc{9175845,
  abstract     = {{Lake Victoria, the second-largest freshwater lake globally, holds immense geographical and
economic importance in East Africa. Shared by Kenya, Tanzania, and Uganda, it influences
diverse sectors such as ecology, hydrology, transportation, fisheries, agriculture, tourism, and
energy production. Despite its strategic location and economic significance, the riparian
states have not fully exploited its navigational capacity for maritime trade, raising questions
about the factors hindering its shipping potential and the implications for regional economic
development.
This paper explores the underutilization of Lake Victoria's shipping potential, focusing on
historical significance, inadequate infrastructure, regulatory challenges, environmental
concerns, and the lack of economic incentives. While the lake has served as a vital trade
route for centuries, contemporary shipping activities fall short of its full potential due to
insufficient infrastructure, including ports, navigational aids, and transportation networks.
Initiatives to rehabilitate certain ports indicate positive steps, but a harmonized regulatory
framework is essential to instill confidence and promote increased shipping activities.
Environmental sustainability is a crucial consideration, requiring careful planning and
sustainable practices to prevent adverse impacts. Despite the economic potential, the
absence of adequate incentives hampers private and public stakeholder interest. The
recommendations encompass infrastructure development, sustainable practices, and
inclusive policies, aiming to catalyze regional trade, connectivity, and economic prosperity.
This research serves as a call to action, advocating for collaborative efforts among riparian
states and international partners to harness the latent maritime opportunities within Lake
Victoria}},
  author       = {{Olali Odula, Fredrick}},
  language     = {{eng}},
  note         = {{Student Paper}},
  title        = {{UNLOCKING THE MARITIME POTENTIAL OF LAKE VICTORIA BY THE RIPARIAN STATES}},
  year         = {{2024}},
}