Oil Theft and Illegal Fishing in Africa

According to the African Union, countries in Africa has lost up to $200 Billion to illegal fishing activities over 5 decades, and up to $100 Billion to oil theft between 2003 to 2013.

The losses are due to increased pirate attacks in the region. The Nigerian Navy reported in 2013 that up to 10 to 15 pirate attacks are taking place each month in the Gulf of Guinea.

(More data about illegal catches worldwide.)

Source:  Augustine Ehikioya, “Nigeria, others lose $300bn to oil theft, illegal fishing,” Nation, June 24, 2013.