Piracy and other maritime threats around Africa are now costing most international users of sea routes millions in increased fuel prices, insurance, security and ransom payments as well as costing Africa its integrity, security and position as a leading player in sea trade.
This is according to Tracey-Lee Zurcher, director of the Maritime & Coastal Security Africa conference and expo, which was officially opened by South African Defence minister Lindiwe Sisulu on 27 October at the CTICC in Cape Town.
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