On October 19, Ghana and Norway signed a five-year cooperation agreement to support Ghana’s blue economy strategy. The partnership aims to improve maritime governance and increase the economic benefits of ocean-related activities.
First, the Norwegian government will provide technical assistance worth up to 100 million Norwegian kroner, equivalent to approximately $10.6 million. However, the funding remains subject to parliamentary approval. The initiative seeks to promote sustainable marine resource management and strengthen industries that depend on the ocean.
Furthermore, the Oceans for Development programme will focus on improving the management of marine and inland water ecosystems. It will also support food security, increase coastal communities’ incomes and combat illegal, unreported and unregulated fishing.
Speaking on behalf of Ghana’s Finance Minister, Deputy Minister Thomas Nyarko Ampem described the agreement as an important step towards responsible resource management, stronger institutions and sustainable economic growth.
Meanwhile, the partnership will build on previous cooperation programmes, including Fish for Development and Oil for Development. Norway will mobilise relevant institutions to support Ghana’s Fisheries Commission, Environmental Protection Authority and Blue Economy Secretariat.
Blue Economy as a Driver of Growth
In addition, Ghana aims to make better use of its marine resources amid declining fish stocks and the effects of climate change. The country is investing in aquaculture, modern fishing infrastructure and improved maritime governance.
According to Ghanaian authorities, better fisheries management could help protect more than $425 million in annual fishery product exports. The sector also plays a major role in food security and employment for communities that depend on fishing.
Finally, through its Ghana Sustainable Ocean Plan 2025–2030, Ghana aims to ensure the sustainable management of its maritime areas by 2030. The strategy also seeks to improve coordination between fisheries, aquaculture, ports, coastal tourism and other ocean-related industries.
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