• Our USPP Store
  • Services
  • Advertise
  • About
    • Our Amazing Team
    • Contact
  • SUPPORT MILITARY AFRICA
    • Policies
      • Disclaimer
      • Cookies Policy
      • Terms and Conditions
      • Retraction and Correction policy and fee
      • Privacy Policy
      • Advertising Policies
Wednesday, September 20, 2023
Military Africa
  • Aerospace
  • Land
  • Naval
  • Industry
  • Security
  • UAS and C-UAS
  • Technology
  • Press Release
No Result
View All Result
  • Aerospace
  • Land
  • Naval
  • Industry
  • Security
  • UAS and C-UAS
  • Technology
  • Press Release
No Result
View All Result
Military Africa
No Result
View All Result
ADVERTISEMENT

Financial factsheet of Africa’s defence spending

Military Africa by Military Africa
June 8, 2023
in FEATURED, Reports, Security
Reading Time: 3 mins read
ADVERTISEMENT

Africa’s defence and security expenditure is on the rise, presenting an opportunity for the defence industry.

Africa’s defence expenditure is projected to experience steady growth, according to Stockholm International Peace Research Institute (SIPRI).

Military expenditure in Africa increased by 1.2% in 2021 to an estimated $39.7 billion, SIPRI reported. The total for Africa was almost evenly split between North Africa (49% of the regional total) and sub-Saharan Africa (51%).

You Might Also Like

U.S. Military resumes counterterrorism missions in Nigér after coup

Nigér: US moves troops in response to Burkina Faso’s force deployment

Egyptian Peacekeepers exit Mali

ADVERTISEMENT

Over the decade 2012–21, African military spending followed three distinct trends. It first rose continuously between 2012 and 2014, followed by four years of decline until 2018 and then three consecutive years of growth until 2021, to give an overall increase of 2.5%.

This upward trend is fueled by Internal conflicts caused by political instability and terrorism determined the need for many African countries to improve their military strength.

As of 2022, Algeria had the highest defense spending budget in Africa, around 10 billion U.S. dollars. The country ranked 23rd in the world.

Nigeria and Morocco followed, with a budget of roughly 5.9 billion and 5.4 billion U.S. dollars, respectively. Overall, North Africa was the region allocating the largest budget to national defence on the continent.

In 2021, North African military expenditure totalled $19.6 billion, 1.7% lower than in 2020, but 29% higher than in 2012. The long-standing tensions between the two largest spenders in North Africa — Algeria and Morocco — worsened in 2021. Morocco’s spending grew by 3.4%, to $5.4 billion.

In 2021 military expenditure in sub-Saharan Africa totalled $20.1 billion, 4.1% higher than in 2020, but 14% lower than in 2012. The increase in 2021 was the first in sub-Saharan Africa since 2014 and was primarily driven by Nigeria, the biggest spender in the subregion. Between 2020 and 2021, Nigeria raised its military spending by 56%, to reach $4.5 billion.

The increase came in response to Nigeria’s various security challenges, such as attacks by Islamist extremists and separatist insurgents.

South Africa, the second largest spender in the subregion, cut its military expenditure by 13%, to $3.3 billion in 2021. The country’s prolonged economic stagnation has severely impacted its military budget.

In 2021 Kenya, Uganda and Angola were, respectively, the third, fourth and fifth largest military spenders in sub-Saharan Africa. Over the decade 2012–21, Kenya and Uganda have both faced insurgencies that have influenced their military spending.

Between 2012 and 2021, military expenditure rose by 203% in Uganda but remained relatively stable in Kenya (down by 4.5%).

This period is considered the best time to indicate your interest in boosting your influence in the continent.

NISECEXPO known as Nigeria Security Exhibition and Conference is Africa’s leading continental Defence and Security show and is the best opportunity to showcase equipment and technologies.

The show brings together under one roof in the beautiful cosmopolitan city of Abuja, Nigeria, defence and security forces, experts, professionals, buyers, end users and manufacturers of military and security equipment to network, negotiate and consummate trade deals.

Visit: www.nisecexpo.com

Recommended for you

Tags: Africa

Related News

wagner mutiny

Wagner Group’s mutiny: Implications for Africa’s Security

June 24, 2023 - Updated on June 26, 2023
Russia's friendship with African nations is based on decades of good and trustful relationships.

Strengthening Ties: Exploring Military-Technical Cooperation between Russia and African Countries

May 25, 2023
loitering munition in africa

Loitering munitions offers enhanced strike capabilities to African forces

May 4, 2023
Submarines in Africa: the underwater warfare capabilities

Submarines in Africa: the underwater warfare capabilities

April 19, 2023
Welcome to another exciting episode of "Cutting-Edge Tech" in Military Africa. Today, we're diving into the world of military innovation as we unveil the next frontier: the United States' Hypersonic Missile program.

In the ever-evolving landscape of military technology, the pursuit of superiority and strategic advantage has led nations to explore the frontiers of innovation. Among the latest breakthroughs capturing global attention is the development of hypersonic missiles, with the United States at the forefront of this cutting-edge technology.

The United States has unveiled its first hypersonic missile, the Hypersonic Conventional Strike Weapon (HCSW). The HCSW is capable of traveling at speeds of Mach 5 or more, making it difficult to intercept.

Hypersonic missiles represent a paradigm shift in military capabilities, combining unparalleled speed and precision to redefine the dynamics of warfare. These missiles fly at speeds exceeding Mach 5, or five times the speed of sound, rendering them nearly invulnerable to existing missile defense systems. The implications of such advancements are monumental, reshaping military strategies and international security dynamics.

Stay tuned for more thrilling insights into the world of technology and innovation. Don't forget to like, share, and subscribe, and as always, stay curious!
Load More... Subscribe

Facebook

ADVERTISEMENT
No Result
View All Result
  • Aerospace
  • Land
  • Naval
  • Industry
  • Security
  • UAS and C-UAS
  • Technology
  • Press Release

© 2023 Military Africa