UN Secretary-General António Guterres has expressed deep concern at Russia’s decision to suspend its involvement in the Black Sea Grain Initiative, a deal set up to reintroduce vital food and fertilizer exports from Ukraine to the rest of the world. On Saturday, Russia announced that it was suspending its involvement in the deal, citing an […]
Tag: Ukraine
Egypt, IMF ink $3bn new loan program deal
The International Monetary Fund (IMF) said on Thursday it had agreed a $3 billion Extended Fund Facility (EFF) over 46 months with Egypt, Reuters reports. The deal is part of a four-year international financing program worth a total of $9 billion which also includes $1 billion from the IMF’s Resilience and Sustainability Trust (RST) and […]
Pandemic aftershocks, Russia’s war in Ukraine dimming prospects for African trade
The effects from the COVID-19 pandemic aftershocks and the Ukrainian crisis have led to rising commodity prices, surging inflation, and shifts in the global financial situation that have transformed African trade and production capabilities, according to the latest figures published by the International Monetary Fund (IMF). After over-performing in its post-pandemic recovery in 2021, Africa’s […]
UNGA: Africa is still divided in its stance on Russia’s war in Ukraine
African countries have been divided over the vote in the United Nations General Assembly on Wednesday (12 October) that in the end condemned Russia’s “illegal annexation” of Ukrainian territories after Moscow vetoed a similar text in the Security Council in late September. Twenty-six African countries voted in favor of, while nineteen others abstained in the […]
Ukraine’s foreign minister pledges to boost grain exports to Africa
Ukraine’s Foreign Minister Dmytro Kuleba has promised that his country will do all it can to send more grain to Africa, as many countries on the continent depend heavily on grain imports from Ukraine and Russia while the war between the two has disrupted global supply. As he began his African tour this week in […]
Ukraine’s top diplomat in Senegal to bolster ties
Dmytro Kuleba, Ukraine Foreign Minister arrived in Senegal Monday for a two-day visit to bolster ties with the Western African country amid ongoing crisis with neighboring Russia. “We will review our cooperation and discuss President Macky Sall’s commitment on behalf of the African Union [AU] to the return of peace in his country and its […]
Climate representatives gathered in Kinshasa for pre-COP27 call for more funding
Climate representatives from more than 40 countries who gathered for a pre-COP27 climate summit in the Democratic Republic of Congo’s capital, Kinshasa, have called out rich nations for failing to honor a $100bn per year funding pledge to developing countries. Dozens of ministers and senior delegates are in Kinshasa this week for a final meeting […]
Leaders condemn Russia’s war in Ukraine at UN, pledging billions to fight AIDS, malaria and TB
At the United Nations General Assembly, leaders from Qatar, Senegal and Turkey called for immediate peace talks between Moscow and Kiev to end Russia’s invasion of Ukraine, as Germany and France denounced Putin’s imperialism in its smaller neighbor. Russia’s invasion of Ukraine has taken centre stage at the UN General Assembly on Tuesday (20 September), […]
Central African farmers warn of looming hunger as Russia’s war in Ukraine disrupts imports
Disruptions in food supplies caused by Russia’s war in Ukraine have deepened the struggles of millions of Africans to survive, more than 60 farmers’ associations from 11 Central African countries have warned. Calling on the region’s governments to help people cope with food shortages, the farmers say scarcity, high prices and a worsening economic situation […]
Central African states inked deal to create regional oil, gas pipeline network and hubs
Central African countries have signed an agreement to create a regional oil and gas pipeline network and hub infrastructures which proponents say will strengthen energy supply and reduce dependence on imports of refined products. The deal, inked on Thursday (8 September), aims to construct three multinational oil and gas pipeline systems of around 6,500 km, […]








