Public Management

Major cocaine seizure off Senegal’s coast highlights West Africa’s role in drug trafficking

Major cocaine seizure off Senegal’s coast highlights West Africa’s role in drug trafficking
Friday, 01 December 2023 03:53

The UNODC has reported that West Africa serves as a transit zone for cocaine moving from South America to Europe, with notable production origins in Peru, Colombia, and Bolivia, involving a transatlantic journey.

In Senegal, the military authorities announced the seizure of nearly 3 tons of pure cocaine by the navy off the coast on Tuesday, November 28. The cargo was intercepted by a patrol vessel during the night of November 26-27, 2023.

"The FOULADOU patrol vessel seized nearly 3 tons of pure cocaine aboard a ship intercepted 150 kilometers offshore. The boat and its cargo were brought back on November 28, 2023, to the Admiral Faye Gassama Naval Base and handed over to the competent authorities," reported the Senegalese Navy.

This seizure, considered one of the largest in the country, rekindles concerns about drug trafficking in West Africa and its impact on a region grappling with significant political, socio-economic, and especially security challenges in its Sahelian part. Experts from the United Nations Office on Drugs and Crime (UNODC) argue that drug trafficking in Africa is a "true vicious circle," fueling organized crime and tensions among armed groups while financing them.

According to data released by the UNODC last June, 30 to 40 tons of cocaine and heroin transit through West Africa annually, with a value estimated at $1.25 billion in Europe. Between 2019 and 2023, the institution reports that 80 tons of cocaine were seized in West Africa, mainly in seven countries, including Cape Verde, Senegal, and Guinea.

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
• IMF extends Niger’s Extended Credit Facility (ECF) program by one year through December 2026.• IMF approves a $41 million disbursement tied to...
EBRD grants $100 million loan to Banque Misr to expand credit access for SMEs and women-led businesses. Loan supports Egypt’s green finance...
UTB’s restructuring delayed to end-2026 due to incomplete audits; reorganization plan expected by March. Despite a CFA 15.2B injection, the bank...
DRC launches campaign to diversify investors in government securities 98% of bonds now held by banks; aim is to reduce risk and broaden...
Most Read
01

• Inflation within the West African Economic and Monetary Union (UEMOA) fell to a two-year low of 0....

UEMOA: Inflation Drops to 0.6% in May, Driven by Lower Food Prices
02

• Interbank volumes rose 18.7% in May, while rates declined across the market• The BCEAO cut its mai...

WAEMU Sees Easing Conditions on Regional Interbank Market
03

• The U.S. imposed a 20% tariff on cashew exports from Vietnam and a 40% tax on suspected transshipm...

U.S. Tariffs on Vietnam Cashews May Disrupt Trade, Hit African Growers (Interview)
04

Cauri Money launches Gajo Money, an e-wallet for the Cameroonian diaspora, targeting €120 mil...

Cauri Money Targets Cameroonian Diaspora with Digital Wallet Launch
05

• Qatar Airways and Kenya Airways establish strategic agreement, introducing a third daily flight be...

Qatar Airways Expands its Network in Africa, Building Presence in Kigali, Johannesburg, and Nairobi
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72
Média kit : Download

EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.