Subsidiary companies GGW Magazine and GGW Events have also filed for bankruptcy.

NPR: 'Girls Gone Wild' Files For Bankruptcy Over Debts

The pan-African GGW was first proposed in the 1980s by Thomas Sankara, head of state in Burkina Faso, as a means to stop the growing of the Sahara.

FORBES: Great Green Wall Plans to Stop Sahara

The pan-African Great Green African Wall (GGW), a lush strips of vegetation capable of supporting birds and other animals, would stretch from Djibouti in the Horn of Africa in the east to Dakar, Senegal in the west on the southern edge of the Sahara.

FORBES: Great Green Wall Plans to Stop Sahara

The GGW was conceived by the 11 countries located along the southern border of the Sahara with the goal of containing the desertification of the Sahel zone, which is the transition between the Sahara in the north and the African savannas in the south, and includes parts of the countries of Senegal, Mauritania, Mali, Burkina Faso, Algeria, Niger, Nigeria, Chad, Sudan, Somalia, Ethiopia and Eritrea.

FORBES: Great Green Wall Plans to Stop Sahara