IIARD International Institute of Academic Research and Development

JOURNAL OF POLITICAL SCIENCE AND LEADERSHIP RESEARCH (JPSLR )

E-ISSN 2504-883X
P-ISSN 2695 2432
VOL. 10 NO. 2 2024
DOI: https://doi.org/10.56201/jpslr.v10.no2.2024.pg18.36

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Terrorism in Sub-Saharan Africa and the Illegal Financial Inflows: The Nexus

Okey Udo and Edward Agbai

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Abstract

Terrorism in Sub-Saharan Africa has become a pressing security concern with devastating social, economic, and political impacts. This article examines the nexus between terrorism in Sub- Saharan Africa and illegal financial inflows, shedding light on the complex interplay between these phenomena. It reviews the activities of key terrorist groups like Al-Shabaab, Boko Haram, Islamic State in the Greater Sahara (ISGS), and Ansar al-Sunna and their evolution. Drawing on a comprehensive review of existing literature, the article explores how terrorism in the region is funded through various illicit financial mechanisms, including money laundering, illicit trade, and extortion. It also discusses the challenges faced by governments and international organizations in combating these illegal financial flows and proposes strategies to disrupt the financial networks that support terrorism in Sub-Saharan Africa. By addressing the financial underpinnings of terrorism, this article contributes to a better understanding of the root causes of terrorism in the region and offers policy recommendations to enhance counterterrorism efforts. It finally articulates success stories and lessons learned in regional collaboration is a pivotal factor, with initiatives like the Multinational Joint Task Force (MJTF) against Boko Haram demonstrating the effectiveness of cross-border military cooperation.

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References:

Agu, C., Mbah, A. J., & Agu, C. S. (2023). Investigating the Economic Consequence of Terrorism
in Sub-Saharan Africa: Evidence from a Dynamic Panel Model. Statistics, Politics & Policy,
14(2), 125–149. https://doi.org/10.1515/spp-2022-0014

Ajiboye, B. M. (2022). Boko Haram: Shekau’s Demise -- Halcyon or Nadir for Sub-Saharan
Africa’s Fight Against Terrorism? Conflict Studies Quarterly, 41, 3–14.

https://doi.org/10.24193/csq.41.1
Hardy, R. A. (2019). Countering Violent Extremism in Sub-Saharan Africa: What Policy Makers
Need to Know/Contrarrestando el extremismo violento en Africa subsahariana: Lo que los
responsables de las politicas deben saber. World Affairs, 182(3), 256.

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