August 20, 2012


AFRICA | PUBLICATION DATE: June 5, 2012 at 9:54
by N.R. Jenzen-Jones

THE SHARP RISE in piracy in West Africa, particularly in the Gulf of Guinea, has featured prominently in recent news. Piracy as a whole is costing global trade an estimated US$12 billion a year, with the primary target being the oil industry[1] - a key sector of the West African economy - which threatens the strategic interests of the United States,[2] European Union (EU),[3] and China.[4] When considering how best to counter this nascent pirate threat, capacity building operations conducted by private security companies could provide a robust, enduring solution. Such operations would also complement, rather than compete with, existing strategies being put into place by local governments, foreign governments, and private industry  READ MORE

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