Reuters has issued its annual report on “political risks” in the Gulf of Guinea. The report has little to do with how things are going for the people who live in the region — the focus is on political uncertainty that may impact investment. Nonetheless, it’s a useful rundown of the main industries and sources of instability across the region.
Piracy has been mentioned in this report for at least three years, but it’s moving higher up on the risk list. This year, the U.S. military presence also appears on the list. Although it is cited as a response to the lack of offshore security, an increased military presence could easily exacerbate instability in the region.