Markets

Insider Trading

Hedge Funds

Retirement

Opinion

10 Weakest Militaries in Africa

In this article, we look at the 10 weakest militaries in Africa. You can skip our detailed analysis on defense spending patters in the continent and head over directly to the 5 Weakest Militaries in Africa.

Global military spending increased 6.8% from 2022 – the steepest rise since 2009 – to reach a record-high of $2.44 trillion in 2023, according to latest figures released by the Stockholm International Peace Research Institute (SIPRI). This is the ninth successive year of growth in defense expenditure, with spending increasing across all regions of the world.

The United States continued to remain the largest military spender in the world, having spent a whopping $916 billion on defense in 2023, representing 37% of the world’s total defense expenditure. China, Russia, India, and Saudi Arabia retained their positions in the top five, while Ukraine climbed from 11th spot in 2022 to become the eighth largest spender on defense, having spent $64.8 billion in 2023. Combined, the top ten countries accounted for 74% of the world’s total defense expenditure during the year.

In Africa, the military spending totaled $51.6 billion in 2023, which was 22% higher than in 2022, and represented 2.1% of the global defense expenditure. Of this, $28.5 billion was spent in North Africa, with Algeria and Morocco together accounting for 82% of the military spending in the region. This spike was driven by Algiers’ defense bills soaring 76% compared to 2022 to reach $18.3 billion, made possible by an increase in demand for Algerian gas exports amid sanctions against Russia. On the other hand, $23.1 billion was incurred on defense by states in Sub-Saharan Africa, with 20% of the amount attributed to Nigeria. As is evident from these numbers, while defense spending continues to rise each year, the increase is not even. Neither across continents, nor within.

Arms Procurement in Africa

Russia is Africa’s largest arms trade partner, especially in Sub-Saharan Africa, with the country’s exports to the continent increasing 23% between 2016 and 2020, compared to 2011 and 2015. This is seen by analysts as a strategic move by Moscow to facilitate trade and soft power in Africa, which would enable Russia to build a presence at NATO’s southern flank. That being said, sanctions against Moscow in recent years have created an opening for Chinese armament manufacturers as well, with the Asian giant exporting over $2 billion worth of military supplies to Sub-Saharan Africa between 2010 and 2021. Arms sales of the United States to the subregion during this period were estimated to be $473 million, according to the Atlantic Council.

The situation is strikingly different in North Africa, where American defense companies play a much more active role, driven by the decades-long arms race between Algeria and Morocco, coupled with President Sisi’s quest for Egypt to become a major regional power. Washington in April last year, approved the potential sale of HIMARS and related equipment to Rabat under a $524 million deal, with Lockheed Martin Corporation (NYSE:LMT), L3Harris Technologies, Inc. (NYSE:LHX), and RTX Corporation (NYSE:RTX) being among the major contractors of the deal. The Pentagon also approved selling Joint Stand Off Weapons to Morocco for a cost of $250 million, with RTX Corporation (NYSE:RTX) being the primary contractor of the project.

On the other hand, Cairo has also been looking to upgrade its defense systems with advanced American air radars. In January 2022, the US approved the sale of three L3Harris Technologies, Inc. (NYSE:LHX) SPS-48 land-based radars for $355 million to Egypt, which would offer the African nation jamming capabilities and help it detect even extremely small targets. A year prior to this in February 2021, it was reported that Egypt also received the Rolling Airframe Missiles manufactured by RTX Corporation (NYSE:RTX) under a $197 million agreement.

Moreover, elsewhere in the African continent, the United States has actively begun donating military equipment to several countries in the region to aid them in combating terrorism and crime. In 2014, the United States gave away two Cessna 208 Caravan aircraft to Mauritania to help the country in its fight against maritime time and terrorist groups. Both the aircraft were manufactured by Cessna, owned by Textron Inc. (NYSE:TXT), and were valued at $21 million each at the time.

More recently in 2021, the American government donated a Lockheed Martin Corporation (NYSE:LMT) C-130 aircraft to Niger to use in operations related to humanitarian assistance and mobility of UN peacekeeping missions. The C-130 is one of the top-selling tactical aircraft in the world, and has been continuously manufactured by Lockheed Martin Corporation (NYSE:LMT) since its first flight in 1954.

Last year, the United States announced an $80 million grant to donate four Bell 412EP helicopters built by Bell Helicopters, a subsidiary of Textron Inc. (NYSE:TXT), to the Zambian Air Force. Under the grant, the US was also to provide three years of service and training for the helicopter. The Zambian government thanked Washington for the donation, and stated that the helicopters would assist the country in enhancing regional security, and in supporting UN peacekeeping missions in the continent.

Also see 15 Most Powerful Militaries in Africa.

Methodology

Several weighted metrics have been considered to rank the weakest militaries in Africa. These include capabilities of ground forces (40%) determined by manpower, tanks, and armored fighting vehicles; naval and aerial strength (30%), and economic potential and defense spending (30%). Weighted scores for each metric were aggregated to get an overall weighted score. The 10 weakest militaries in Africa are listed in this article in descending order of their weighted scores.

Military-related data has been sourced from our recent article, 15 Weakest Militaries in the World, while the International Monetary Fund (IMF) was consulted for figures related to GDP in 2023.

By the way, Insider Monkey is an investing website that uses a consensus approach to identify the best stock picks of more than 900 hedge funds investing in US stocks. The website tracks the movement of corporate insiders and hedge funds. Our top 10 consensus stock picks of hedge funds outperformed the S&P 500 stock index by more than 140 percentage points over the last 10 years (see the details here). So, if you are looking for the best stock picks to buy, you can benefit from the wisdom of hedge funds and corporate insiders.

Let’s now head over to the list of the weakest militaries in Africa.

10. Senegal

GDP (2023): $31.14 billion

Defense Spending (2023): $345 million

Manpower: 17,000

Tanks: 0

Armored Fighting Vehicles: 1,104

Military Aircraft: 27

Naval Assets: 4

Overall Score: 12

Senegal has one of the weakest militaries in Africa, with only 17,000 active military personnel. The country’s armed forces have no battle tanks, and only four naval assets. Its fleet of 27 military aircraft comprises four special mission aircraft and 13 combat helicopters, among others, with Textron Inc. (NYSE:TXT)’s Bell 206 being one of the main choppers operated by the country. The only area of strength for Senegal’s military is its large fleet of armored fighting vehicles. That being said, the size of the country’s economy was measured at over $31 billion in 2023, with a GDP growth of 5.3% during the year. If this positive economic trend continues, Senegal can certainly look to increase defense spending to upgrade its military.

9. Burkina Faso

GDP (2023): $20.78 billion

Defense Spending (2023): $434 million 

Manpower: 12,000

Tanks: 0

Armored Fighting Vehicles: 1,112

Military Aircraft: 21

Naval Assets: 0

Overall Score: 10.9

Burkina Faso’s military is in the news currently for the alleged massacre of over 200 civilians in two villages in February this year, as part of an ongoing campaign against civilians suspected of abetting Islamist militant groups. The country has been under military rule since 2022, and has one of the weakest armed forces in the world with no battle tanks and naval assets, and a manpower of a mere 12,000 troops. Despite that, the military holds firm control over national politics.

8. Mauritania

GDP (2023): $10.36 billion

Defense Spending (2023): $194 million

Manpower: 31,500

Tanks: 0

Armored Fighting Vehicles: 1,000

Military Aircraft: 23

Naval Assets: 5

Overall Score: 10.6

Mauritania is next on our list of the weakest militaries in Africa, with manpower being its only recognizable area of strength. Much of the country’s military equipment is old and outdated, and of French and Soviet origin. The country has no battle tanks, and possesses only five naval assets. Mauritania has 23 military aircraft, of which four are Embraer EMB 314 Super Tucano light attack aircraft. The Air Force also has two Cessna 208 special mission aircraft it received from the United States in 2014.

7. Gabon

GDP (2023): $19.32 billion

Defense Spending (2023): $280 million 

Manpower: 6,500

Tanks: 0

Armored Fighting Vehicles: 848

Military Aircraft: 23

Naval Assets: 10

Overall Score: 10.2

A military coup in Gabon last year ended the 56-year rule of the Bongo family over the former French colony, in a fresh blow to Paris’ interests in the region. The country relies heavily on French military assistance, which has since then been put to a halt following the collapse of Bongo’s government. This series of events is likely to further weaken Gabon’s military, which is already one of the weakest militaries in Africa, with an active manpower of only 6,500 troops. The country has no tanks, and a mere ten naval assets. Its 23 military aircraft include 6 Mirage F1 combat jets, 1 Lockheed Martin Corporation (NYSE:LMT) C-130H, and 2 C-295 transport aircraft, among other aircraft.

6. Madagascar

GDP (2023): $15.76 billion

Defense Spending (2023): $110 million 

Manpower: 13,000

Tanks: 386

Armored Fighting Vehicles: 430

Military Aircraft: 4

Naval Assets: 8

Overall Score: 9.4

Madagascar is in sixth spot in our list of the weakest militaries in Africa. The country spent only $110 million on defense expenditure in 2023, and has a manpower of 13,000 active troops. One area of comparative strength for the military on paper appears to be a sizable fleet of battle tanks, but in reality, most of the equipment is long outdated. Working conditions for soldiers in Madagascar’s military also remain poor, with personnel reporting demotivation due to lower wages.

Click to continue reading and see the 5 Weakest Militaries in Africa.

Suggested Articles:

Disclosure: None. 10 Weakest Militaries in Africa is originally published on Insider Monkey.

AI Fire Sale: Insider Monkey’s #1 AI Stock Pick Is On A Steep Discount

Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal!

The whispers are turning into roars.

Artificial intelligence isn’t science fiction anymore.

It’s the revolution reshaping every industry on the planet.

From driverless cars to medical breakthroughs, AI is on the cusp of a global explosion, and savvy investors stand to reap the rewards.

Here’s why this is the prime moment to jump on the AI bandwagon:

Exponential Growth on the Horizon: Forget linear growth – AI is poised for a hockey stick trajectory.

Imagine every sector, from healthcare to finance, infused with superhuman intelligence.

We’re talking disease prediction, hyper-personalized marketing, and automated logistics that streamline everything.

This isn’t a maybe – it’s an inevitability.

Early investors will be the ones positioned to ride the wave of this technological tsunami.

Ground Floor Opportunity: Remember the early days of the internet?

Those who saw the potential of tech giants back then are sitting pretty today.

AI is at a similar inflection point.

We’re not talking about established players – we’re talking about nimble startups with groundbreaking ideas and the potential to become the next Google or Amazon.

This is your chance to get in before the rockets take off!

Disruption is the New Name of the Game: Let’s face it, complacency breeds stagnation.

AI is the ultimate disruptor, and it’s shaking the foundations of traditional industries.

The companies that embrace AI will thrive, while the dinosaurs clinging to outdated methods will be left in the dust.

As an investor, you want to be on the side of the winners, and AI is the winning ticket.

The Talent Pool is Overflowing: The world’s brightest minds are flocking to AI.

From computer scientists to mathematicians, the next generation of innovators is pouring its energy into this field.

This influx of talent guarantees a constant stream of groundbreaking ideas and rapid advancements.

By investing in AI, you’re essentially backing the future.

The future is powered by artificial intelligence, and the time to invest is NOW.

Don’t be a spectator in this technological revolution.

Dive into the AI gold rush and watch your portfolio soar alongside the brightest minds of our generation.

This isn’t just about making money – it’s about being part of the future.

So, buckle up and get ready for the ride of your investment life!

Act Now and Unlock a Potential 10,000% Return: This AI Stock is a Diamond in the Rough (But Our Help is Key!)

The AI revolution is upon us, and savvy investors stand to make a fortune.

But with so many choices, how do you find the hidden gem – the company poised for explosive growth?

That’s where our expertise comes in.

We’ve got the answer, but there’s a twist…

Imagine an AI company so groundbreaking, so far ahead of the curve, that even if its stock price quadrupled today, it would still be considered ridiculously cheap.

That’s the potential you’re looking at. This isn’t just about a decent return – we’re talking about a 10,000% gain over the next decade!

Our research team has identified a hidden gem – an AI company with cutting-edge technology, massive potential, and a current stock price that screams opportunity.

This company boasts the most advanced technology in the AI sector, putting them leagues ahead of competitors.

It’s like having a race car on a go-kart track.

They have a strong possibility of cornering entire markets, becoming the undisputed leader in their field.

Here’s the catch (it’s a good one): To uncover this sleeping giant, you’ll need our exclusive intel.

We want to make sure none of our valued readers miss out on this groundbreaking opportunity!

That’s why we’re slashing the price of our Premium Readership Newsletter by a whopping 70%.

For a ridiculously low price of just $29, you can unlock a year’s worth of in-depth investment research and exclusive insights – that’s less than a single restaurant meal!

Here’s why this is a deal you can’t afford to pass up:

• Access to our Detailed Report on this Game-Changing AI Stock: Our in-depth report dives deep into our #1 AI stock’s groundbreaking technology and massive growth potential.

• 11 New Issues of Our Premium Readership Newsletter: You will also receive 11 new issues and at least one new stock pick per month from our monthly newsletter’s portfolio over the next 12 months. These stocks are handpicked by our research director, Dr. Inan Dogan.

• One free upcoming issue of our 70+ page Quarterly Newsletter: A value of $149

• Bonus Reports: Premium access to members-only fund manager video interviews

• Ad-Free Browsing: Enjoy a year of investment research free from distracting banner and pop-up ads, allowing you to focus on uncovering the next big opportunity.

• 30-Day Money-Back Guarantee:  If you’re not absolutely satisfied with our service, we’ll provide a full refund within 30 days, no questions asked.

 

Space is Limited! Only 1000 spots are available for this exclusive offer. Don’t let this chance slip away – subscribe to our Premium Readership Newsletter today and unlock the potential for a life-changing investment.

Here’s what to do next:

1. Head over to our website and subscribe to our Premium Readership Newsletter for just $29.

2. Enjoy a year of ad-free browsing, exclusive access to our in-depth report on the revolutionary AI company, and the upcoming issues of our Premium Readership Newsletter over the next 12 months.

3. Sit back, relax, and know that you’re backed by our ironclad 30-day money-back guarantee.

Don’t miss out on this incredible opportunity! Subscribe now and take control of your AI investment future!


No worries about auto-renewals! Our 30-Day Money-Back Guarantee applies whether you’re joining us for the first time or renewing your subscription a year later!

A New Dawn is Coming to U.S. Stocks

I work for one of the largest independent financial publishers in the world – representing over 1 million people in 148 countries.

We’re independently funding today’s broadcast to address something on the mind of every investor in America right now…

Should I put my money in Artificial Intelligence?

Here to answer that for us… and give away his No. 1 free AI recommendation… is 50-year Wall Street titan, Marc Chaikin.

Marc’s been a trader, stockbroker, and analyst. He was the head of the options department at a major brokerage firm and is a sought-after expert for CNBC, Fox Business, Barron’s, and Yahoo! Finance…

But what Marc’s most known for is his award-winning stock-rating system. Which determines whether a stock could shoot sky-high in the next three to six months… or come crashing down.

That’s why Marc’s work appears in every Bloomberg and Reuters terminal on the planet…

And is still used by hundreds of banks, hedge funds, and brokerages to track the billions of dollars flowing in and out of stocks each day.

He’s used this system to survive nine bear markets… create three new indices for the Nasdaq… and even predict the brutal bear market of 2022, 90 days in advance.

Click to continue reading…