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
Fitch affirms Cameroon at “B”, outlook negative Growth steady, debt contained; governance and political risks persist New vice-presidential role seen...
UBA's Nigerian home market posted a 1.7 billion naira ($1.1m) pre-tax loss in 2025, against a 364 billion naira profit a year earlier A 117 billion...
Visa promotes risk-based compliance to strengthen oversight and trust Initiative targets AML gaps as DRC remains on FATF gray list Banks face...
Speedinvest, the Vienna VC firm, opened its first dedicated MEA fund last week, anchored by EIB Global, Mubadala and Qatar Investment...
Most Read
01

Enko Capital acquires Servair’s fast-food unit in Côte d’Ivoire, including the Burger King franchi...

Enko Capital Buys Burger King Côte d’Ivoire in Servair Restructuring
02

Mediterrania Capital bought Australian Amcor's Moroccan packaging unit Enko Capital took ov...

Two Other African-focused Private Equity Firms to Snap Up assets shed by Global Majors
03

Central bank to release $1 billion in cash to curb black market demand Move aims to ease inf...

Libya Opens Dollar Sales to Ease Pressure on Dinar and Prices
04

From eastern Chad, where measles and meningitis are spreading through overcrowded refugee camps, to ...

Weekly Health Update | Vaccination Gains Advance in Africa; Antimalarial Resistance Threatens Progress
05

As the Japanese automaker faces global headwinds, it is doubling down on its operations in Egypt, ai...

From South Africa to Egypt: Why Nissan is reshaping its African strategy
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.