The study used a combination of fairly standard and often overlapping participatory tools and techniques as well as SWOT analysis in the context of the sustainable livelihoods approach (SLA), which is emerging as a potentially useful way of looking at policies and institutions to address poverty. The adoption of fisheries co-management in Aby Lagoon in Cote d'Ivoire has contributed to improving the sense of ownership, empowerment and access of fishers and other stakeholders to resources. The fishers and other stakeholders attest that the arrangement has also contributed in enhancing the sustainable livelihoods and coping mechanisms against the incidence of poverty in the communities. Fishers would like legal empowerment to enforce fisheries regulations devised by themselves and also assistance to improve their work in collection of information and adaptive research upon which to base their plans. The co-management arrangement in Aby Lagoon is still evolving. However, the study testifies to the existence of many competent actors and to a great wealth and depth of relevant experience and lessons which other actors involved in poverty reduction strategies in small-scale fishing communities can draw on.