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Slideshow Images of September Follow Reuters Facebook Twitter RSS YouTube Read Samsung files lawsuit against Apple over latest iPhone 9:18am EDT Samsung allowed to sell Galaxy Tab in U.S. as court lifts ban 7:31am EDT Georgian opposition celebrates as both sides see victory | 11:45am EDT Special Report: The casualties of Chesapeake's "land grab" across America | 8:53am EDT Analysis: Romney would send consumers healthcare bill, with benefits 7:04am EDT Discussed 227 France taxes rich and business to slash deficit 160 Netanyahu to press for Iran ”red line” in U.N. speech 121 Chavez to Obama: I’d vote for you, and you for me Sponsored Links Pictures Reuters Photojournalism Our day's top images, in-depth photo essays and offbeat slices of life. See the best of Reuters photography. See more | Photo caption Temples burned Muslims burned at least four Buddhist temples in Bangladesh, after complaining that a Buddhist man had insulted Islam. Slideshow Surfer dogs Awkward dog surfing at the Surf City Surf Dog contest. Slideshow Al Qaeda in North Africa making millions kidnapping: U.S. Tweet Share this Email Print Related News Muslim militants shifting focus to N.Africa 7:19am EDT Kenya troops fight on beaches in assault on Somali rebel city Fri, Sep 28 2012 Libya offers further apology for U.S. envoy's death Thu, Sep 20 2012 Cartoons in French weekly fuel Mohammad furor Wed, Sep 19 2012 Qaeda in North Africa urges killing of more U.S. envoys Tue, Sep 18 2012 Analysis & Opinion How Sahara left Indian investors feeling deserted Can the Middle East survive a post-Western era? Related Topics World » By Noah Barkin BERLIN | Tue Oct 2, 2012 12:15pm EDT BERLIN (Reuters) - Islamist militants are increasingly funding themselves through kidnapping, with al Qaeda's north African wing likely to have brought in tens of millions of dollars in ransoms in the past few years, a senior U.S. Treasury official said. The United States estimates militant organizations received $120 million over the past decade, including the ransoms paid to al Qaeda in the Islamic Maghreb (AQIM), said David Cohen, undersecretary for terrorism and financial intelligence. Kidnapping for ransom was an "urgent threat", particularly in the Sahel, a belt of land spanning nearly a dozen of the world's poorest nations on the Sahara's southern rim, Cohen told reporters in Berlin on Tuesday. "It is what has become perhaps the most challenging and fastest growing technique that terrorist organizations, in particular the affiliates of al Qaeda in North Africa and in Yemen, have been using to fund themselves over the last couple of years." Cohen said the average ransom had gone up consistently over the years and was in the range of $5 million per payment. "So, it is a growing and really quite urgent threat, particularly in North Africa, in the Sahel and in Mali in particular, where AQIM has now managed to claim dominion over a large territory." AQIM emerged out of Algeria's civil conflict and has expanded south into the Sahara, raising its profile in recent years with hit-and-run attacks and kidnappings of westerners. Militant groups have benefited from lapses in security across the region as countries transition from years of dictatorship to more democratic government. Cohen, on a week-long trip that includes stops in Britain, France, Germany and Italy, said he was talking with other governments in the hope of developing a unified approach to the kidnapping problem. While the U.S. government has a policy of not paying ransoms, some European governments do so. Talks were centered around steps to prevent kidnappings happening in the first place, the handling of hostage situations when they occur, and the tracing of financial flows when ransoms are paid, Cohen said. Iran and Syria were the other main topics of discussion with his European counterparts, he said Sanctions against Syria over the past 18 months had taken a "significant bite" out of the government's finances, he said, declining to give figures. "You have a situation where the Syrian government is spending at a greater rate. "They are spending on security needs, on providing subsidies to their citizens, at the same time that the revenue side of the ledger is being significantly restrained. The natural impact of that is that their reserves are depleting." (This story edits second paragraph) (Editing by Dan Lalor) World Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. 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