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Madam Kate Ansah, the Secretary of the National Fisheries Association of Ghana (NAFAG), highlighted the challenges faced by women in competing with men within the fishing sector, citing a lack of financial stability as a primary obstacle.
In an interview with the Ghana News Agency (GNA) on International Women’s Day, Madam Ansah, who also serves as the Director of Rockpoint Company Limited, emphasized that the financial support essential for young women to enter the fisheries sector is often lacking. She noted that financial institutions tend to perceive such ventures as high-risk, making it challenging for women to secure initial capital.
“The women are not financially stable, and the banks do not support most of these ventures because they think that there is a risk factor. They, therefore, wait for you to do well before they come to assist you; therefore, starting whatever you want on your own is very difficult because it’s capital intensive,” she added.
Madam Ansah further explained that the operational costs within the fishing industry, including expenses for premix oil, gear, and logistics, pose significant financial burdens. She observed that while some women are involved in importing fish, they are less likely to venture into trawler and canoe operations due to financial constraints.
Despite women’s demonstrated work ethic in the sector, Madam Ansah stressed the importance of providing them with necessary financial support to thrive. However, she lamented the lack of focus on the fisheries industry in government start-up programs, emphasizing the need for greater governmental commitment to supporting women in the sector.
While acknowledging occasional support from non-governmental organizations, Madam Ansah noted that it often falls short of meeting women’s needs. She urged the government, particularly through the fisheries ministry, to prioritize financial assistance for women in the industry.
