May 9, 2022 — The number of fishing vessels exploiting African flags to escape effective oversight as they engage in illegal fishing continues to increase, a new report by TM-Tracking has found.
The report, published by Norwegian nonprofit TM-Tracking and a collection of experts under I.R. Consilium, found that the health of Africa’s fisheries, coupled with the limited enforcement capacity of the region’s governments, make Africa an “ideal venue for high-risk fishing operators.” An analysis of fishing operations and illegal fishing cases by TM-Tracking found perpetrators of illegal, unreported, and unregulated (IUU) fishing are tapping into the USD 194 billion (EUR 184 billion) global fishing market without any “meaningful restrictions or management oversight.”