Public Management

Gulf of Guinea recorded 74% of global piracy in 2019

Gulf of Guinea recorded 74% of global piracy in 2019
Friday, 24 January 2020 12:02

Acts of maritime piracy reported in the Gulf of Guinea increased alarmingly in 2019. According to a report by the International Maritime Bureau (IMB) of the International Chamber of Commerce, a total 121 acts of maritime piracy was recorded in that part of Africa, 50% higher than the 78 incidents in 2018.

Most affected countries are Nigeria with 35 cases recorded, Cameroon and Ghana with 6 and 3, respectively. Overall, these incidents in the Gulf of Guinea account for around 74% of the maritime piracy acts recorded worldwide by the IMB in 2019. However, while piracy increased in the region, it has declined worldwide from 201 acts in 2018 to 162 in 2019. Over the period reviewed, incidents recorded included 4 hijacked ships, 11 ships fired upon, 17 attempted attacks and 130 ships boarded. IBM says the situation is a consequence of the lack of warning and response structures, which undermines communication and coordination among ships in the Gulf of Guinea. According to Michael Howlett, director of IMB, without the necessary warning structures in place, it is not possible to accurately spot high-risk areas at sea and deal with the phenomenon.

André Chadrak

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
Flutterwave secures Nigerian banking license to offer credit and savings License enables direct deposits, improving efficiency and product...
EU, EBRD launch €26.5 million financing facility in Côte d’Ivoire Program targets SMEs with loans, co-financing and technical support Initiative...
BCEAO mandates all financial institutions to complete integration Move aims to ensure seamless, interoperable real-time payments All financial...
Okoumé Capital licensed as fund manager by regional regulator Approval enables expansion across Central African financial markets Firm aims to boost...
Most Read
01

A $147M Novastar Ventures fund backed by major Japanese firms offers co-investment rights int...

Mitsubishi, Toyota Buy Options on Africa's Next Startups
02

ECOWAS and IMF sign cooperation framework to strengthen policy alignment West Africa’s grow...

ECOWAS and IMF Set New Framework to Align Policies Across West Africa
03

West African Development Bank plans CFA6,500 billion ($11.5 billion) in financing for 2026–2030. ...

BOAD Targets $11.5 Billion Investment in WAEMU by 2030 Under New ‘Djoliba’ Plan
04

Coca-Cola will invest $1.03 billion in South Africa by 2030 to expand capacity and distributi...

Coca-Cola Plans $1 Billion Investment in South Africa After Nigeria Push
05

West African Development Bank allocates $131.8 million to support cotton sectors in Burkina F...

BOAD Commits $131.8 Million to Cotton Sector in Burkina Faso and Mali
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


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.