Ghana’s coastline stretches 550 kilometers, brimming with untapped economic potential. Yet, for decades, our marine economy has been narrowly focused on fishing – a sector now in crisis due to overexploitation and illegal fishing.
Meanwhile, coastal tourism, a global trillion-dollar industry, remains underdeveloped despite Ghana’s golden beaches, rich cultural heritage, and vibrant coastal communities.
As a former leader in heritage preservation and tourism enthusiast, I argue that Ghana must pivot decisively toward coastal tourism while strategically reforming fisheries to ensure long-term sustainability. The numbers don’t lie: tourism offers higher revenue, more jobs, and greater resilience. The question is whether our policymakers will act – or let another economic opportunity slip away.
The Global Landscape: Fishing vs. Coastal Tourism
Economic Value
Fishing Industry: A Declining Lifeline
Global Market: Approximately $253 billion (2023), with aquaculture growing but wild fisheries shrinking.
Ghana’s Share: Once a regional leader, Ghana’s fisheries now contribute about $1.5 billion annually, down from $2 billion a decade ago due to overfishing and illegal trawling.
Key Problem: Foreign vessels (particularly Chinese trawlers) engage in Illegal, Unreported, and Unregulated (IUU) fishing, costing Ghana $200 million yearly in lost revenue.
Coastal Tourism: The Sleeping Giant
Global Market: Approximately $4.7 trillion before COVID-19, rebounding strongly.
Ghana’s Share: A mere $3 billion in total (2023), despite having better beaches which account for little.
Untapped Potential: Our coastline could generate $10 billion+ annually with proper investment in resorts, cruise tourism, and cultural attractions.
Verdict: Tourism is 1,800% larger globally than fishing – why is Ghana still betting on a dying industry?
Employment: Quality vs. Quantity
Fishing: A Sector in Distress
Jobs: About 2.5 million Ghanaians depend on fisheries, but stocks are collapsing.
Challenges: Most jobs are informal, low-paying, and dangerous (e.g., hazardous sea conditions, child labor in processing).
Future Outlook: Without drastic reforms, half of these jobs could disappear in 10 years.
Tourism: A Job Multiplier
Jobs: Already about 700,000 Ghanaians work in hospitality, but coastal tourism could triple this number.
Diverse Opportunities: Hotels, tour guides, artisans, transport, and entertainment – all higher-skilled and better-paying than fishing.
Case Study: Dakar’s beaches attract 10x more tourists than Accra’s, creating several formal jobs.
Verdict: Tourism creates more, better, and sustainable jobs – exactly what Ghana’s youth need.
Sustainability: Which Industry Has a Future?
Fishing: On the Brink of Collapse
Overfishing: 33% of global fish stocks are overexploited; Ghana’s small pelagic stocks (sardines, mackerel) have declined by 80% since 1990.
Climate Change: Rising sea temperatures disrupt fish breeding, worsening shortages.
Solution? Shift to aquaculture (fish farming), but Ghana invests less than $50 million/year – far below Nigeria ($300m) and Egypt ($1bn).
Tourism: A Renewable Resource
Beaches Don’t Deplete: Unlike fish, Ghana’s coastline is a permanent asset – if maintained.
Eco-Tourism Boom: Global travelers increasingly seek green, cultural, and community-based tourism – Ghana’s forts, festivals, and fishing villages are perfect for this.
Threats: Poor sanitation (e.g., plastic pollution) and weak infrastructure (e.g., no 5-star beach resorts).
Tourism is a 24 hour operation which aligns perfectly with the agenda of the current government.
Verdict: Fishing is fighting for survival; tourism is waiting for investment.
A Blueprint for Ghana’s Marine Economy
Immediate Tourism Investments
Public-Private Resorts: Lease beachfront lands to international hotel chains (e.g., Radisson, Marriott) with local employment quotas.
Cruise Tourism: Develop Takoradi and Tema ports as cruise destinations (like Senegal’s Dakar).
Festival Economy: Expand Kundum, Hogbetsotso, and Panafest into major tourist draws.
Fisheries Reform: A Managed Transition
Ban IUU Fishing: Deploy naval patrols and satellite surveillance (as Seychelles does).
Aquaculture Zones: Designate Volta and Central Regions for fish and shrimp farming.
Alternative Livelihoods: Train fishers in boat tourism, seafood restaurants, and handicrafts.
Avoid Past Mistakes
No More Zoomlion-Style Monopolies: Contracts must be competitive, transparent, and performance-based.
Community Involvement: Coastal towns must own and benefit from tourism projects – not just be spectators.
Conclusion:
We stand at a crossroads: continue clinging to a dying fishing industry or embrace tourism as the future of our marine economy. The data is clear – tourism wins on jobs, revenue, and sustainability.
By Kwame Sowu, Former Board Chairman, Ghana Museums and Monuments Board
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DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
