The African Export–Import Bank (Afrixembank) on Thursday in St Petersburg, Russia, announced a credit limit of 30 billion dollars to support African investors willing to exploit the opportunities in Russia. The President and Chairman Board of Directors of Afrixembank, Dr Benedict Oramah said this at the opening session...
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Russian President, Vladimir Putin, says Russia will supply 50,000 tons of grains to some African countries in the next three months in its bid to ensure food security. Putin said this on Thursday while declaring the Second Russia–Africa Summit and Economic and Humanitarian Forum 2023 open in St. Petersburg,...
Another ammunition depot in Russian-occupied Crimea has been hit in a drone attack according to the regional governor. Eleven drones were shot down over Crimea, Moscow-appointed governor Sergei Aksyonov said on Telegram on Monday. However, he said there was an “impact at the ammunition depot in the Dzhankoy district’’...
UN political affairs chief, Ms Rosemary DiCarlo says Russia’s bombardment of Ukrainian ports along the Black Sea could have far-reaching impacts on global food security. DiCarlo said this while briefing the Security Council on Friday at the UN headquarters in New York. DiCarlo strongly condemned the aerial strikes this...
United States Secretary of State, Anthony Blinken, on Monday expressed regrets over Russia’s decision to suspend participation in the Black Sea Grain Initiative. Blinken, in statement, said the Russian government’s continued weaponization of food harms millions of vulnerable people around the world. Since August 2022, the Black Sea Grain...
Russian authorities have described an incident on the Kerch Bridge in the annexed peninsula of Crimea as an act of terrorism. The incident, described earlier by the local administration as an “emergency’’ caused traffic to be halted on the heavily-used bridge. The Ukrainian secret service SBU commented on the...
Russian state television showed a clip on Sunday of Russian President Vladimir Putin mocking European politicians, whom he described as being totally dependent on the United States. “If they are told tomorrow: ‘We have decided to hang you all!’ they will ask only one question, with their eyes down...
French officials on Tuesday said France will join Britain in supplying Ukraine with long-range cruise missiles, which can travel 250 km (155 miles). This was a move that allows Ukrainian forces to hit Russian troops and supplies deep behind front lines. Emmanuel Macron said he had decided to boost...
The wife of Ukrainian President Volodymyr Zelensky says she frequently cries over the Russian war of aggression against her home country. In comments published on Thursday by local media, Olena Zelenska said “today, I might cry again. It happens to me very often.” “After all, I am a human...
Prof. Benedict Oramah, President and Chairman of the Board of Directors of African Export-Import Bank (“Afreximbank) says the COVID-19 pandemic and Ukraine crisis exposed the vulnerability of Africa in many ways.afre According to him, these events dramatise Africa’s over-dependence on others for our basic needs of food and healthcare....
Britain on Monday introduced legislation that will allow it to keep sanctions against Russia in place until Moscow pays compensation to Ukraine. “As Ukraine continues to defend itself against Russia’s invasion, the terrible impacts of Putin’s war are clear. “Ukraine’s reconstruction needs are, and will be immense,” British foreign...
South Africa’s president, in Russia as part of a delegation pushing for peace between Kyiv and Moscow, told his Russian counterpart Vladimir Putin on Saturday that the fighting had to stop. His delegation put forward a set of principles that the Kremlin deemed “very difficult to implement”, a day...
High interest rates and the Russian war in Ukraine continue to significantly slow global economic growth, according to a new report from the World Bank. Following growth of 3.1 per cent last year, the global economy would slow to 2.1 per cent in 2023, the World Bank said on...
Russia on Friday said it banned entry to 500 Americans, including former president Barack Obama, in response to sanctions imposed by Washington. “In response to the anti-Russian sanctions regularly imposed by the Biden administration… entry into the Russian Federation is closed for 500 Americans,” the foreign ministry said, adding...
The G7 announced plans to restrict the trade in diamonds with Russia in an effort to cut the revenues that fund Moscow’s ongoing war against Ukraine. Leaders of the G7 countries announced the new sanctions in a joint statement on Friday, the first day of their three-day summit in...
Representatives of the seven major democratic industrial nations (G-7) began their summit in Hiroshima, Japan on Friday. The summit started by remembering those killed by the atomic bomb dropped on the city at the end of World War II. The heads of state and government visited the memorial to...
Hours after Ukrainian President, Volodymyr Zelensky, visited Paris, French President Emmanuel Macron said the country would train Ukrainian fighter jet pilots, but he would not send the planes. “We have opened the door to train Ukrainian pilots. “The trainings can start from now. ”Several European countries had decided it...
Ukrainian President, Volodymyr Zelensky on Thursday visited the International Criminal Court in The Hague, issuing an international arrest warrant in March for Russia’s President, Vladimir Putin for alleged war crimes in Ukraine. Zelensky arrived in the Netherlands on Wednesday evening for an unannounced visit. The Ukrainian president travelled to...
The acting UN Humanitarian Coordinator in Ukraine, Matthew Hollingworth, has condemned a wave of deadly strikes that hit several cities early on Friday, reportedly the most intense aerial bombardment in weeks. Dozens of civilians across the country were killed and injured and homes and other vital infrastructure destroyed. More...