The thriving business of piracy in the Gulf of Guinea

[This article was translated from the original Spanish via Bing Translator – some errors may remain.]

Africa beats Southeast Asia as the number one maritime piracy hot spot. Approximately half of the pirate attacks reported worldwide take place or on the coast of Somalia (East) or in the Gulf of Guinea (West). However, the first, in the Horn of Africa, lives a decline which coexists now with the rise of the assault to the merchant or shift tanker in Nigerian waters.

The Professor, consultant and lecturer Fernando Ibáñez (Zaragoza, 1969) specific to the causes of these mutations in the waters off the Horn of Africa and West Africa are multiple, but mainly are in military and security. Three international military missions, military convoys, the hiring of private armed security on board vessels that ply the Indian and self-defense in the form of evasive maneuvers or closure of the crew in a safe area are the fundamental reasons why Ibáñez contributes to explain the fall of somali piracy.

In the case of the Gulf of Guinea, this activity, that develops from years ago on the shores of West Africa, is becoming a business increasingly more lucrative and now receiving greater attention in the international media. Rarely, however, refers to the framework in which develops: widespread corruption, unemployment, abandonment of the State, and theft of oil on land and piracy as labour outflows that twin local population impoverished, militant, forces of security and senior officials and politicians. According to the researcher, Vanda Felbab-Brown in a recent study, the populations that inhabit the Gulf of Guinea come on pirates “a source of investment, an increase of consumption, a local economic activity growing and even job opportunities”.

There are other factors to consider. Corruption, opacity, and fraud that dominate the country’s oil sector are proverbial. A test: the recent dismissal of the Governor of the Central Bank of Nigeria, Sanusi Lamido Sanusi, in theory for reporting the theft of millions of dollars from the national oil Corporation of Nigeria’s oil revenues.

To read the entire article, please click here.



Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s