Risk assessments are necessary, and this is especially so in view of the fact that the FATF guidelines recommend that it is important that countries assess and continue to monitor their TF risks regardless of the absence of known threats. The NCC in 2019 led the exercise for the completion of thematic risk assessments, including for terrorism financing, the focus of this analysis. In fact, this paper presents the salient points emerging from this sectoral risk assessment which was a national effort and incorporated data and expertise from relevant authorities. For competent authorities, the risk assessment will help prioritise efforts and resources using a risk-based approach. For the private sector, it will allow for the development of proportionate and effective controls.