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Tag Annette Weber

Somalia: ‘Follow the money’ is not enough. Why terrorist financing is hard to come by

In the midst of the search for new concepts in countering terrorism and preventing violent extremism, the financial lifeline of terrorist networks is in the focus. No terrorist organization, neither al Shabaab nor Daesh or Boko Haram is able to operate without resources, including money. As with most regular armed groups, fighters have to be paid, equipment needs to be purchased and if the group aims at controlling territory – financial cushions are even more important. While putting the focus on illicit financial flows it is however important to manage expectations. By Annette Weber, SWP, German Institute on International and Security Affairs.

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