Boko Haram

Financing:
Kidnappings, robbery and extortion:
Boko Haram gets funding from bank robberies and kidnapping ransoms. As an example, in early 2013 gunmen from Boko Haram kidnapped a family of seven French tourists on vacation in Cameroon. Two months later, the kidnappers released the hostages along with 16 others in exchange for a ransom of $3.15 million.Any funding they may have received in the past from al-Qaeda affiliates is insignificant compared to the estimated $1 million ransom for each wealthy Nigerian or foreigner kidnapped.