This report analyzes the operations and organizational structure of the al-Qaeda-affiliated Jama’at Nusrat
al-Islam wal-Muslimin ( JNIM) in the Sahel region of Africa, focusing on the group’s engagement with illicit economies and tactical use of economic warfare. Specifically, the report emphasizes the central role of illicit economies in JNIM’s governance strategies, and in financing and resourcing the group’s armed struggle. It also tracks how JNIM has evolved organizationally, with these internal changes dictating shifts
in its involvement in regional illicit economies. These political and organizational changes, and the group’s highly strategic engagement with illicit economies, have underpinned JNIM’s expansion into new geographies, its retention of influence in areas of control, and its resilience to disruption.