Africa / News

Russia funding war in Ukraine via illegal gold mining in Africa – WGC report

bne IntelliNews November 20, 2024

"It is noteworthy how little concerted political will there has been to halt the illicit flow of profits from the exploitation of gold resources in Africa into the Russian war machine," the World Gold Council report says.

Russia blocks UN Security Council resolution on Sudan humanitarian crisis

bne IntelliNews November 19, 2024

Russia vetoed a United Nations Security Council resolution calling for an immediate ceasefire in Sudan on November 18 as the country continues to grapple with a deadly war that has displaced millions and spurred a desperate humanitarian crisis.

Libya’s mineral riches: unlocking a future beyond oil

Jason Mitchell November 19, 2024

Libya — a country marked by years of political instability and economic chaos — has the opportunity to transform its economy through its vast reserves of critical minerals.

G20 summit wraps up with a joint statement strong on sentiment, but short on specifics

bne IntelliNews November 19, 2024

The G20 summit in Rio de Janeiro wrapped up with a joint declaration condemning war and calling for climate change action, but short on specifics.

Air France diverts Red Sea flights after crew spots 'luminous object'

bne IntelliNews November 4, 2024

Air France suspended flights over the Red Sea after a crew reported seeing a "luminous object" at high altitude near Sudan.

Malaysia seeks BRICS membership

bno - Surabaya Office October 22, 2024

Malaysia is aiming to become the latest member of the BRICS bloc, which was originally formed by Brazil, Russia, India, China, and South Africa

Kazakhstan has no plans to join BRICS, says Astana

bne IntelliNews October 17, 2024

Position not likely to change in foreseeable future, president’s spokesman makes clear ahead of 16th summit of Putin-backed group in Russia.

Sri Lanka to apply for BRICS membership

bno - Mumbai Office October 16, 2024

Sri Lanka has decided to apply for the membership of the BRICS and the New Development Bank, the country’s Foreign Minister Vijitha Herath said on October 14

South African importers welcome India's decision to ease rice exports

bno - Mumbai Office October 8, 2024

South African importers have expressed approval of India's decision to relax restrictions on rice exports

Tunisian President Kais Saied re-elected for second term

Ahmed Ellali in Tunis October 7, 2024

JPMorgan, Chase and HSBC reportedly unwittingly processed payments for Wagner warlord Prigozhin

bne IntelliNews September 25, 2024

Leading western banks JPMorgan Chase and HSBC reportedly unwittingly processed payments for companies linked to Russian warlord Yevgeny Prigozhin, the late leader of the Wagner Group Private Military Company.

India highlights legal reforms at BRICS justice ministers meeting

bno - Chennai Office September 20, 2024

India’s Ministry of Law and Justice participated in the BRICS Ministers of Justice meeting on 18 September 2024, with the Indian delegation led by Anju Rathi Rana, Additional Secretary in the Department of Legal Affairs

Russia revs up to test cross-border crypto payments

Ben Aris in Berlin September 5, 2024

Russia is on the hunt to find an alternative to the dollar to settle international trade deals and on September 1 will test making cross-border payments in cryptocurrency for the first time.

Sri Lanka's LTL Holdings targets African power sector

bno - Mumbai Office September 5, 2024

Sri Lanka’s LTL Holdings is expanding its footprint into Africa's power generation sector, with plans to explore independent power producer opportunities.

Egypt, Turkey speak of “new era” of relations as el-Sisi visits Ankara for first time since 2013 toppling of Morsi

bne IntelliNews September 4, 2024

Economic, geopolitical realities persuade Erdogan to set aside anger over fall of Muslim Brotherhood ally.

Saudi Arabia tightens Hajj rules after deadly 2024 pilgrimage, Egypt acts on violations

bnm Gulf bureau August 29, 2024

Saudi Arabia has issued stringent health regulations for Hajj 2025, banning pilgrims with certain medical conditions,

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