Africa Business Featured Russia World 

Russia parries off Ukraine invasion blame for global economic crisis

– – The Russian government has rejected recent news reporting with the narrative that its invasion of Ukraine has led to a global economic crisis. Russia is currently engaged in a war with Ukraine, a move that has led to several sanctions being placed on the Eastern European super power. The International Monetary Fund has said that the economic damage… Read More
Africa Russia World 

UN Ban On Russia: How African Nations Voted

– – African nations were divided during Thursday’s vote to suspend Russia from the United Nations‘ human rights council over allegations of gross human rights violations in Ukraine, brushing aside Moscow’s warning that it would view such a decision as an unfriendly act. Russia had warned countries at the UN that a yes vote or abstention on a U.S. push to… Read More
Africa World 

Ukraine war: Food shortage looms in Africa

– – There is a looming food shortage in some African countries over the Russia- Ukraine war. The United Nations Secretary General, António Guterres, has warned that Russia’s war against Ukraine could lead to what he called “a hurricane of hunger” and food insecurity worldwide. He said many African and poorer countries relied heavily on Russian and Ukrainian wheat production,… Read More
Africa World 

The challenges Africa faces amid the Ukraine war

– – The war in Ukraine is still raging and that brings a lot of implications for the world including Africa. Th continent’s economic outlook is said to be very vulnerable to higher food and fuel prices prompted and deep in tourism revenues. According to the International Monetary Fund (IMF), Africa also faces diminished access to financial services. Kristalina Ivanova… Read More
Africa Russia World 

Hundreds of African students starving in Ukraine as evacuation delays

– – Hundreds of African students are reportedly starving in Ukraine as Russian forces pummel the north-eastern city of Sumy for days now. The students are nationals of Nigeria, Ghana, Somalia and other countries who are stuck in Ukraine. Reports say apart from food shortage, there is also no water, compelling the stranded students to drink melted snow. The situation… Read More
Africa Russia World 

The 17 African countries that declined to deplore Russia’s invasion of Ukraine

– – Seventeen (17) African countries on Wednesday abstained from voting to deplore Russia’s invasion of Ukraine when a vote was called on the subject at the UN General Assembly. These countries included South Africa, Algeria, Uganda, Burundi, Senegal, South Sudan, Mali and Mozambique. The rest were Sudan, Namibia, Angola, Zimbabwe, Equatorial Guinea, Central Africa Republic, Madagascar, Tanzania and Congo.… Read More
Africa Russia World 

AU condemns reported ill treatment of Africans trying to leave Ukraine

– – The current Chair of the African Union and President of the Republic of Senegal, Macky Sall, and the Chairperson of the African Union Commission, Moussa Faki Mahamat, have condemned reported ill treatment of Africans trying to flee the conflict in Ukraine. The AU said its leaders have been “following closely the developments in Ukraine and are particularly disturbed… Read More
Africa Russia World 

Ukraine: AU expresses ‘extreme concern’ over Russia invasion

– – The African Union (AU) has expressed concern over Russia’s invasion of Ukraine and subsequent attack that has left many dead. The continental body has called for an “immediate ceasefire” to avoid what it a “planetary conflict”. AU chairman and Senegalese President Macky Sall, and AU Commission Chairman Moussa Faki Mahamat have both in a joint statement said they… Read More
Africa Business Russia World 

Russia-Ukraine crisis: Europe can look to Africa as preferred gas supplier

– – With recent sanctions on Russia by western nations threatening the critical supply of Russian gas to European markets, an opportunity has emerged for African gas producers to step up, enhancing hydrocarbon production and exports to meet international supply gaps. Significant progress has already been made to establish Africa as a viable gas export market, and now, with geopolitical… Read More

Ukraine Claims ‘Thousands’ of Russian Troops Invaded, Offers No Evidence

Ukrainian officials are now claiming a Russian invasion of four to five thousand ground troops backed by columns of tanks and other armored vehicles, a dramatic escalation from yesterday’s claims of about 1,000 such troops. As with yesterday’s allegations, Ukraine is offering no evidence to back up the claims, and the reports coming out of the region suggest such a massive invasion... Read More