Foreign fishing fleets deplete African fish stocks
July 18, 2007
Heavily subsidized foreign fishing fleets are depleting coastal fish stocks of poor Africa countries, reports The Wall Street Journal.
Per capita consumption of fishery products by region.
Depletion is affecting coastal communities that rely heavily on fish catch as a source of protein and as a livelihood. Nevertheless, the European Union pays for the right to fish African waters. The country of Mauritania gets more than $116 million per year from the E.U. for a license to fish its coast. China, Russia, Ukraine have also signed deals with the country.
The African fisheries sector is an important source of food and income to millions of Africans, generating more than $2.7 billion a year in annual export revenue and provided direct employment for over 10 million people. 200 million African eat fish on a regular basis.
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