Ghana Has Developed a Maritime Policy. Here Is What It Means
By: The Conversation Africa
Ghana has an abundance of marine resources. They include fisheries, hydrocarbon reserves, inland waterways, and ports that are located along important international shipping lanes. These present the country with a wide range of opportunities for ensuring food security, bridging income inequalities, attracting foreign direct investment, increasing domestic production, and enhancing trading conditions.
This underscores the imperative to harness and safeguard them wisely.
About 7.5 million people in Ghana live in coastal areas and double that number live about 50km away from the coast. Like many other coastal African countries, Ghana significantly relies on its blue economy for income, employment, and food. The oil and gas sector has generated over $4 billion) in revenue since commercial operations began in 2010. And about 10% of Ghana’s workforce is employed in the fishing sector, which also accounts for 4.5% of the country’s GDP.