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In the past decade a series of events including the outbreak of the Syrian war, drought and tireless insurgencies in sub-Saharan Africa triggered the largest wave of displacement ever seen through and around the Mediterranean. The majority of those bound to Europe through the Mediterranean are smuggled by criminal networks. The proliferation of Trafficking and Smuggling of Human Beings (TSHB) between the Sahel and the Libyan shores feeds into the evolving threats of terrorism, crime and insecurity in the Sahel, West Africa and Europe. This paper explores the involvement of armed groups in TSHB in the Central Sahel and Libya. The author argues that the involvement of armed actors in the TSHB in the Central Sahel and Libya is not uniform and not systematically used for terrorism financing. Criminal networks and armed groups leverage opportunities created by conflict to generate profit and project power. They operate in convergent spaces benefitting from state fragility, and shared social networks. The link between terrorism and migrant smuggling and trafficking, if found, remains localized benefitting individuals rather than organizations. [ABSTRACT FROM AUTHOR]