Africa is a continent endowed with abundant fish resources in marine, inland or freshwaters. In spite of these benefits, the sector is at risk due to a decline in fish stocks in both marine and inland waters, leading the continent to be losing the potential to harvest between US$2 to US$5 billion of economic returns annually. In light of the declining state of the African fisheries sector, this study was conducted to assess Ghana’s fishing industry in view of the declining African fish stocks. To achieve the objectives of the study, a system approach was used as a guide for data collection. This included the use of structured questionnaires and interviews targeting fishermen and fishmongers of five selected fishing communities in the Greater Accra Region viz Jamestown, Nungua, Teshie, Tema Newtown and Prampram, as well as the Fisheries Commission and the Ghana Revenue Authority. At the institutional level, officials of the Fisheries Commission and Ghana Revenue Authority were sampled in order to triangulate the study. The research revealed that Ghana’s fishing industry is in a declining state with various challenges contributing to the poor performance of the sector. The research also points out that there is lack of policy enforcement by concerned authorities. Finally, the research shows that the industry is a major source of livelihood and revenue generation, but these potentials and opportunities can only be realised with a high degree of fishermen sensitisation, policy enforcement and financial support to address the challenges faced by the sector.
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