Last year, military expenditures grew by 5.1% in Africa amid a decline in revenues due to the Covid-19 pandemic. In the Francophone part of the continent, Côte d'Ivoire comes first in military spending with more than $607 million invested.
The Stockholm International Peace and Research Institute (SIPRI) published last April 26 its report on military spending worldwide for 2020. Figures include spending on arms purchases, military pensions, and also spending on paramilitary forces.
While North Africa remains the continent’s region that spends the most for military purposes, the sub-Saharan part is led by South Africa and Nigeria. In Francophone Africa, Côte d'Ivoire ranks first (12th on the continent level) with $607 million, higher than the amount invested in 2019. The situation has its roots in the upsurge of security tensions following the terrorist attacks on the country.
In that part of the continent, the country of Houphouët-Boigny is followed by Mali (13th in Africa), Senegal (16th in Africa), Cameroon (17th in Africa), and Burkina Faso (18th in Africa). This top 5, dominated by West African countries, echoes the urgent needs of Sahel countries’ armies, which have been struggling for years to fight terrorist groups such as Boko Haram and Al-Qaeda.
SIPRI indicates that military expenditures worldwide increased in 2020. A region-based comparison shows that Africa is one of the world’s regions where these expenditures have increased the most, despite the economic recession in 2020. Military spending on the continent has risen to 5.1%, well above the global average (2.6%).
On the other hand, a comparison by country reveals several disparities. For example, although Algeria ranks first in Africa, the country invested less in 2020 than in 2019 ($9.7 billion in 2020 and $10 billion in 2019). Morocco, however, increased its military spending from $3.7 billion in 2019 to $4.5 billion in 2020.
SIPRI’s data is based solely on open sources and may sometimes underestimate the reality, as governments sometimes tend not to disclose all their military spending. For example, figures for countries such as Egypt, Angola, Ethiopia, and e-Swatini are based on uncertain data. In addition, data for Libya, Eritrea, and South Sudan are not available.
Moutiou Adjibi Nourou
Flutterwave secures Nigerian banking license to offer credit and savings License enables direct d...
BCEAO mandates all financial institutions to complete integration Move aims to ensure seamless, i...
EBID aims to allocate nearly 41% of its commitments to environmentally and socially impactful projec...
This week, Africa’s health outlook is shaped by mounting supply chain risks tied to global tensions,...
West African Development Bank allocates $131.8 million to support cotton sectors in Burkina F...
Arcius commits $500 million to Egypt’s Harmattan gas project Development targets 125 million cubic feet daily output by 2028 Investment aims to...
Ghana withdraws from Africa Energies Summit over representation concerns Industry body criticizes lack of African participation in panels Move aligns...
Eni discovers 2 Tcf gas at Egypt’s offshore Temsah block Find near existing infrastructure could accelerate development Discovery supports Egypt’s...
Togo, Burkina Faso discuss cooperation on Lomé-Ouagadougou corridor Talks target delays, corruption, congestion, logistics bottlenecks Initiative aims...
Sungbo Eredo, located in southwestern Nigeria near the Yoruba town of Ijebu-Ode, stands as one of the most remarkable yet overlooked monuments of...
“Dodji, l’Archet Vodoun” is a documentary about reconnecting with ancestral culture to understand one’s origins, following an initiation ceremony that...