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World Bank Calls for Proper Management of Africa's Fisheries

The World Bank has highlighted the need for proper management of fisheries as the economic loss from poor fisheries governance is estimated at $50 to $100 billion per annum.

Speaking at the opening of the African Journalists for Sustainable Fisheries Workshop in Accra, Henry Kerali, World Bank Country Director for Ghana, Liberia and Sierra Leone, stressed the need for policies to guide the fisheries industry to prevent further degradation and rehabilitate overexploited stocks, writes Emmanuel Odonkor in the Ghana Business News.

The one-week workshop, organized by the World Bank, the AU and USAID, has convened over 100 journalists and communications professionals from 40 African countries.

“Over the past decades, Africa’s capture fisheries rapidly expanded without proper governance or management. In other words, there are too many boats and too many fishers chasing too few fish,” he said.

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