Growing international locations are shedding billions of {dollars} as a result of unlawful, unreported and unregulated (IUU) fishing, which siphons off income by means of illicit monetary flows, in accordance with a brand new examine by the Monetary Transparency Coalition (FTC). The examine reveals that the highest 10 firms concerned …

The African marine fisheries sector is huge. It’s valued at more than US$24 billion per year. The sector is comprised of two main players. One is the continent’s artisanal or small-scale fishers, a form of fishing conducted on small fishing boats by coastal communities. The other is industrial fisheries, including …