Asia Business Egypt Energy Headlines International

Russia’s Rosatom to build 3rd unit of Egypt’s El-Dabaa Nuclear Power Plant

Egypt’s Nuclear and Radiation Control Authority (ENRRA) has granted permission to Russia’s Rosatom State Atomic Energy Corporation for the construction of the El-Dabaa Nuclear Power Plant’s 3rd unit with a capacity of 1,200 megawatts, ENRRA said in a statement. The authority last Wednesday approved the permission to establish the third unit at the Hyena Station. […]

Africa International

In Ghana, US VP Harris promises to boost ties, investment for Africa

US Vice President Kamala Harris arrived Sunday (26 March) in Ghana for the start of a weeklong visit to Africa intended to deepen her country’s relationships amid global competition over the continent’s future. “I’m very excited about the future of Africa,” Harris said and added that she wanted to promote economic growth and food security […]

Africa Business Emerging Markets International

Extended Ukraine Black Sea grain export deal to help ease hunger across Africa

The extension of the UN-brokered Black Sea Grain Initiative and, in turn, the newly-arrived wheat imports from Ukraine could help ease hunger in drought-stricken areas in Africa and bring down high food prices, according to Kenyan economists. Earlier in the week, 30,000 tons of wheat arrived in Kenya under the Black Sea Grain Initiative, in […]

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Ties with Africa are a “priority” for Moscow, Putin says, in a bid to evade sanctions

Russian President Vladimir Putin has said he gives a “priority” to relations with African countries, as Moscow was looking for new partners in the face of international sanctions over Russia’s invasion of Ukraine. “I want to emphasize that our country has always given and will continue to give priority to co-operation with African states,” Putin […]

Business Emerging Markets Features Finance Headlines

Russia, India to move away from US dollar in their trade exchanges with Africa

Trade exchanges between Russia and Africa should move away from the US dollar and be facilitated by transition to national currencies, Russian President Vladimir Putin has said, just as Tanzania and India have inked an agreement establishing a platform by which their bilateral trade will be carried out in their own currencies, not the dollar. […]

Business Egypt Emerging Markets Features Headlines

Egypt, Georgia ink agreement to promote investment cooperation

The General Authority for Investment and Free Zones’ (GAFI) CEO Hossam Haiba and CEO of Enterprise Georgia Mikheil Khidureli have signed a memorandum of understanding (MoU) to enhance investment cooperation between the two countries, the Egyptian side said in a statement on Monday. Enterprise Georgia is the corporate body responsible for promoting Georgian investment and […]

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UN Security Council extends UN mission in South Sudan for one additional year

The UN Security Council has renewed for one year the UN mission in South Sudan where close to 20,000 forces have been stationed. Thirteen out fifteen members voted Wednesday in favor of the resolution that extends the UN Mission in South Sudan (UNMISS) until 15 March 2024. China and Russia abstained. According to a UN […]

Africa Features Headlines International

Mali takes delivery of Russian, Turkish military hardware

Colonel Assimi Goïta, leader of the transition in Mali, attended Thursday the delivery of three Turkish Bayraktar TB2, four Russian L-39 ALBATROS fighter jets and several other military equipment to beef up the power of Malian armed forces. “These new weapons systems, composed of several Bayraktar TB2 UAVs and L-39 ALBATROS fighters, are the result […]

Asia Headlines International Morocco

Moroccan, Russian FM discuss bilateral relations, regional & international issues

Moroccan Foreign Minister received, Tuesday, a phone call from his Russian counterpart Sergei Lavrov.   The phone talks focused on the development of bilateral relations in the framework of mutual respect, constructive dialogue and strengthening sectoral cooperation, the Foreign Ministry said in a statement.   The two sides also discussed regional and international issues, the […]

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Russia donates fertilizer to Malawi, likely seeking African support on Ukraine

The Russian government will give 260,000 tons of fertilizer to several African countries, including 20,000 tons already donated to Malawi, a step that analysts see as part of Moscow’s effort to win diplomatic support for its war in Ukraine. At a handover ceremony Monday (6 March) at Malawi’s capital, Lilongwe, Russian Ambassador to Malawi Nikolai […]