The cost to Africans for IUU fishing in Africa’s coastal waters is astronomical. Sub-Saharan countries in western Africa are losing a significant portion of their GDP to IUU fishing. Researchers estimate that sub-Saharan countries in West Africa are losing between $2.3 and $3.3 billion annually to IUU fishing, not including the value-add of the catch, while a minimal amount of $13 million is recovered through the Monitoring, Control, and Surveillance (MCS) system.
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