EU, ECOWAS stake $173m to address maritime insecurity

Gulf of Guinea, Kidnap for Ransom, Maritime Security, Piracy, port security, Robbery 1 Minute

By Oludare Richards

Economic Community of West African States (ECOWAS) and the European Union (EU) have committed €155 million (about $173 million) to address issues associated with maritime insecurity and related clandestine networks of dirty money in West Africa.

The ECOWAS Commission targets the insecurity situation in the Gulf of Guinea, which it said had adverse effect on the health and economic indices of ECOWAS member states.

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Source: guardian.ng

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Published by Maritime Security News

I entered the maritime security world in 2009, becoming Intelligence Officer for Neptune Maritime Security (now the NeptuneP2P Group). In 2012, became piracy editor for SomaliaReport.com and in 2013 became editor of MarsecReview.com and intelligence consultant for CSO Alliance, which I left in 2019. I currently work with another UK maritime security firm as a consultant and have an interest in a cyber security concern in the UK. Need a maritime security report, article or advice on maritime cyber security? contact me at: marsecnews@gmail.com

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