Chinese aim for Somalia’s Shores
Fishing is one of the most highly profitable sectors across the globe; globally, the tuna industry alone is worth about $10 billion. Surveys of Somali waters indicate that there are extensive fish stocks off Somalia’s coast—this coast is in fact considered to be one of the richest fishing grounds in the region. Many valuable species live in the waters off the coast of Somalia as the data by the (Sea Around Us Project), which analysis and studies the effect of fisheries on marine ecosystems around the world. The Horn of Africa country with the longest Africa’s longest coastline invited China to its shores and gave fishing license in late December 2018. Somalia arranged a fishing license for up to 31 vessels of China to exploit tuna and other species off its coast to tap the sector for economic growth as the Somali authorities claim. The vessels are related to the China Overseas Fisheries Association, a distant-water trawling group created in 2012 to promote the East...