Vodacom to pay US$40M for license renewal in Mozambique
File photo: APA
Mozambique loses $60 million every year due to illicit fishing in its waters, which makes a heavy dent in annual revenue, the Minister of the Sea, and Inland Fisheries, Agostinho Mondlane, has said.
“It is a serious problem affecting the fishing industry; Mozambique loses $60 million per year due to illegal fishing, but a plan has been drawn up to deal with the problem,” Mondlane told the official opening of the fourth coordinating council of the sector in Maputo.
He said the government wants $80 million from international partners to fund a crackdown on illicit fishing in its waters.
“We want $80 million to purchase surveillance vessels to monitor the country’s 2,500 km coastline and curb illegal fishing.
Fishing contributes about 4 percent to Mozambique’s’ gross domestic product.