Africa Business Headlines International

‘Africa is no one’s pawn’, says AU chief, as top US, Chinese, Russian officials tour continent

Top American, Chinese and Russian officials — US Treasury Secretary Janet Yellen, Chinese Foreign Minister Qin Gang and Russian Foreign Minister Sergey Lavrov — are all scrambling to visit several African nations in January to pledge their countries’ commitment to the world’s fastest-growing continent. As President Joe Biden prepares for a visit to Africa later […]

Africa Europe Headlines International

Russia charges France for interference in internal affairs of African countries

Russia’s top diplomat Sergei Lavrov slammed Tuesday France for interference in the internal affairs of African countries and support to terrorist organizations on the continent. Lavrov was speaking at a joint press conference with his Eswatini peer Thuli Dladla in capital Mbabane, as part of an African tour. “By supporting terrorists in Libya, France has […]

Africa Asia Headlines International

South Africa, China, Russia to hold joint naval drills in February

South Africa, China and Russia will jointly stage naval drills in February to strengthen the already flourishing relations between the three countries. The African country will host the training. “South Africa will host the Chinese and Russian Federation navies in a multilateral maritime exercise between February 17 and 27,” the South African military confirmed in […]

Africa Asia International

Mali takes delivery of military hardware from Russia

Mali acquired Thursday military equipment including fighter jets and helicopters from Russia to beef up the army in the fight against terrorists. The delivery included one Soukhoï Su-25 attack aircraft, trainer jet Aero L-39 Albatros and several Mi-8 helicopters. Colonel Assimi Goïta, the leader of the transition in the African country, and Igor Gromyko, the […]

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South Africa vows to use BRICS chair role to advance African interests

South Africa will use its chairmanship of the BRICS group of leading emerging economies — comprising Brazil, Russia, India, China and South Africa — to focus on advancing African interests, the country’s President Cyril Ramaphosa has said. South Africa has just taken over the chairmanship of the BRICS — a bloc widely seen as an […]

Africa Asia Business International

Namibia orders Russian uranium exploration to stop due to environmental concerns

Namibian authorities have ordered Russia’s state atomic energy agency to stop uranium exploration over concerns about potential contamination of underground water. Namibia’s Ministry of Agriculture, Water and Land Reform refused to grant Russia’s Rosatom subsidiary, One Uranium, a water use permit required for mining, saying the company failed to prove its uranium extraction method would […]

Business Egypt Europe International

Egypt topples Russia as Europe’s largest fertilizer supplier

Egypt has toppled Russia as a fertilizer exporter to European markets, with exports amounting to 1.5 billion euros during the first ten months of this year, compared to 521 million euros for the same period last year, Asharq Business reports, citing the Egyptian Export Council for Chemical Industries. The council on Wednesday quoted a report […]

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Is Algeria’s regime distancing itself from Russia to avoid U.S. ire?

In a bid to maintain their strong grip on power and avoid U.S. sanctions for financing Moscow’s war in Ukraine through the purchase of Russian weapons, the Algerian rulers started distancing themselves from their Russian historical ally and main arms supplier. According to Spanish newspaper “El Confidencial” and French daily “Courrier International”, the Algerian military […]

International

Drought-ravaged Malawi to receive 260,000 tons of fertilizer donated by Russia, other African countries to follow

Russia has donated 260,000 metric tons of its fertilizer that was sitting in European ports and warehouses for use by farmers in drought-ravaged Malawi and other countries in Africa, the United Nations said. Welcoming the announcement, UN spokesman Stephane Dujarric said that “this will serve to alleviate humanitarian needs and prevent catastrophic crop loss in […]

Africa Europe Finance Headlines International

EU grants West Africa 96m euros to ramp up local food production

The European Union, EU, has allocated 96 million euros for West African states to support the region to build resilience and local food production capacity in the backdrop of the ongoing crisis between Russia and Ukraine. Francesca Di Mauro, head of the EU mission to Cote d’Ivoire made the announcement Monday in capital Abidjan.  She […]