Africa / News

Sanctioned Russian cargo ship sinks in Mediterranean after explosion

bnm Gulf bureau December 24, 2024

A sanctioned Russian cargo vessel, Ursa Major, has sunk in the Mediterranean Sea between Spain and Algeria.

Force majeure at Libya’s Zawiya Refinery threatens exports and oil expansion plans

bne North Africa bureau December 15, 2024

The declaration of force majeure at Libya’s Zawiya Refinery by Libya’s National Oil Corporation on December 15 has put plans to boost crude production in doubt and raised concerns over NOC's ability to meet its oil export obligations.

Overcoming insecurity to unlock the Central African Republic’s mineral riches

Jason Mitchell December 2, 2024

The Central African Republic (CAR) – one of the world’s poorest and most fragile countries – holds vast mineral wealth that, if fully harnessed, could transform its economy.

Colombian mercenaries trapped in Sudan’s conflict

Alek Buttermann November 27, 2024

The ongoing conflict in Sudan has revealed a troubling connection to Colombia, with over 300 former Colombian soldiers reportedly involved in the war as mercenaries.

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.

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