Country: Ghana
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Small Fish Sizes in Ghana’s Waters Indicate Effects of Illegal Trawling by Chinese and Other Vessels
The latest policy from the Fisheries Commission in Ghana reveals that data from catch assessment surveys shows considerable levels of overfishing leading to a GDP decline from 1.5% in 2015 to 0.9% in 2019 due to overexploitation of the fisheries resources.
Bases, Training, and Weapon Sales: Latest Trends in China-Africa Military Ties
Three Chinese warships made ports of call in Ghana and Nigeria this month, prompting a new wave of speculation about Beijing's military ambitions in Africa. The PLA Navy visit followed reports that Chinese miners in the Central African Republic were rescued ...
How Chinese Distant Fishing Is Wrecking Coastal Economies
China’s distant fishing fleet is increasingly affecting coastal economies throughout the Global South. With an estimated 17,000 vessels, China has the world’s largest distant fishing fleet. They operate in a legal grey zone, hauling thousands of tons of sea creatures from international ...
Mix of Gratitude and Fear in Ghana Over China’s Role in the Country’s Ongoing Debt Crisis
Joy News, one of Ghana's largest media companies, published a pair of stories this week that revealed the complex emotions many in the West African country have about China's role in the ongoing debt crisis. On the positive side, the Ghanaian ...
South-South Cooperation in Economically Perilous Times
For 70+ years, development economists have been touting the idea that if lesser developed countries trade and invest collaboratively, it would serve as a pathway out of poverty. But today, the notion of so-called South-South cooperation is facing unprecedented challenges as ...
Ghana Gets Debt Breakthrough
The executive board of the International Monetary Fund (IMF) on Wednesday approved a $3 billion debt bailout deal for Ghana. The debt-distressed country will receive an immediate payment of $600 million. The announcement is a win for China, which co-chaired the official creditor ...
Update on China’s Role in the Burgeoning Global South Debt Crisis
There was a lot of excitement earlier this month at the IMF and World Bank's annual gathering in Washington, D.C. about rumors that the impasse between China and multilateral development banks (MDBs) had been resolved. That stalemate between the Chinese and ...
Bright Simons on Africa in the Era of Great Power Competition
Many African countries are confronting unprecedented challenges from a convergence of forces far beyond their control. Africans are suffering disproportionately from the effects of climate change, global economic disruption and are being pushed to the middle of yet another Great Power ...
China’s Small but Important Role in Ghana’s Debt Crisis
China's share of Ghana's $55 billion public debt is quite small at just $1.7 billion or 3% of the total, but Beijing nonetheless plays a critical role in Accra's efforts to revive its economy. The Ghanaian government needs China's support in ...
Chinese Scholars See U.S. Veep’s Africa Tour in the Context of Great Power Competition
One stop into her week-long, three-nation African tour, and U.S. Vice President Kamala Harris has yet to mention the "C" word. But China is very much on the minds of her traveling press corps that seems to take every opportunity ...
New Foreign Ministry Annex in Ghana and a Newly Refurbished Parliament Building in Malawi Are China’s Latest “Gifts” to African Governments
Ghana's Foreign Minister Shirley Ayorkor Botchwey was visibly excited to see what her new office will look like in the new $20 million foreign ministry annex building that will be entirely paid for by China. Botchwey was joined by the Chinese ambassador ...
China vs. the Multilateral Development Banks
There was a major breakthrough this week in China's months-long standoff with the World Bank, IMF and other multilateral creditors when Beijing agreed to fully back Sri Lanka's debt restructuring. The move now clears the way for Colombo to secure $2.9 ...