The Africa Centre for Energy Policy, ACEP, says the Boundary Dispute between Ghana and Côte d’Ivoire should serve as a wake-up call to all African countries to properly define, all boundary agreements to guarantee certainty and improve investment attraction.
Speaking to Radio Ghana, Executive Director, Ben Boakye said given the discoveries that have been made on both sides of the border, there is the possibility of future discoveries that could straddle both countries which may require joint field development and operation.
Ghana has won the maritime dispute case against Cote d’Ivoire.
The International Tribunal for the Law of the Sea (ITLOS) in its ruling on Saturday said Ghana has no special responsibility towards Côte d’Ivoire and so the issue of reparation doesn’t arise.
Cote d’Ivoire wanted the Special ITLOS Chamber to invite the parties to carry out negotiations in order to reach an agreement on the terms of reparation due Côte d’Ivoire but the Special Chamber has rejected that call.
It was a unanimous decision.
This means Ghana is not financially obligated to Côte d’Ivoire.