Business

Arms, Oil and Influence: What You Need to Know About Russia’s First-Ever Africa Summit

The Moscow Times/Valery Sharifullin / TASS President Vladimir Putin hosted the first-ever Russia-Africa summit Wednesday and Thursday in the latest display of Moscow’s efforts to restore its geopolitical foothold on the continent after the fall of the Soviet Union. Amid a deluge of memoranda of understanding and cooperation agreements, Russia clinched a series of trade

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Putin vows to expand economic and security ties with Africa

Russian President Vladimir Putin, center, poses for a photo with leaders of African countries at the Russia-Africa summit in the Black Sea resort of Sochi, Russia, Thursday, Oct. 24, 2019. (Valery Sharifulin, TASS News Agency Pool Photo via AP) Russian President Vladimir Putin is telling leaders at the first-ever Russia-Africa summit that developing economic and

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More debt please, Kenya is dead broke

Photo/Daily Nation/From left: Kenya Revenue Authority Board chairman Francis Muthaura, acting National Treasury Cabinet Secretary Ukur Yattani and Treasury Economic Secretary Geoffrey Mwau during a past function in Nairobi. Kenya is facing a debt crisis but government officials don’t seem to know what to do about it. The obvious route is to borrow some more

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Somalia President meets President of Russia Putin

Photo/Somali Times The President of the Federal Republic of Somalia, Mohamed Abdullahi Farmajo, attended the opening of the Russia-Africa Cooperation summit and held special meetings with the leaders attending the conference. Somali President Mohamed Abdullahi Farmajo held a special meeting with Russian counterpart Vladimir Putin, discussing bilateral relations and. President Farmajo, one of 43 leaders

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Uganda’s Museveni thanked Putin for supplying warplanes, other weapons to get more if Russia provides loans Russia-Africa summit

Russian President Vladimir Putin, right, welcomes Ethiopian Prime Minister Abiy Ahmed for the talks on the sideline of Russia-Africa summit in the Black Sea resort of Sochi, Russia, Wednesday, Oct. 23, 2019. (AP Photo/Sergei Chirikov, pool photo via AP) Russian President Vladimir Putin courted dozens of leaders of African nations Wednesday at the first-ever Russia-Africa

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Putin aims to boost Moscow’s clout with Russia-Africa summit

Russian President Vladimir Putin, right, welcomes South Africa’s President, Cyril Ramaphosa on the sideline of the Black Sea resort of Sochi, Russia, Wednesday, Oct. 23, 2019. (Sergei Fadeyechev, TASS News Agency Pool Photo via AP) Russian President Vladimir Putin hosted dozens of leaders of African nations Wednesday for the first-ever Russia-Africa summit, reflecting Moscow’s new

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Russia Vows to Forgive Ethiopia’s Debts Amid Growing Push for Influence in Africa

Yegor Aleyev / TASS Russia hopes its debt forgiveness will expand opportunities for military and economic influence on the continent. Putin made the announcement on the eve of the first-ever Russia Africa Summit, which will bring more than 50 African leaders to Sochi on Oct. 23-24. Speaking with the state-run TASS news agency, Putin said

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Putin, Erdogan strike deal to remove Kurdish YPG from Syria border

Russian President Vladimir Putin shakes hands with Turkish President Tayyip Erdogan during a news conference following their talks in Sochi, Russia October 22, 2019. Sputnik/Alexei Druzhinin/Kremlin via REUTERS Syrian and Russian forces will deploy in northeast Syria to remove Kurdish YPG fighters and their weapons from the border with Turkey under a deal agreed on

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Somalia President arrives in Russia

Photo/Somali Times The President of the Federal Republic of Somalia, Mohamed Abdullahi Farmajo and his delegation arrived in Sochi, Russia on Friday, for the opening of the Russian-Africa Economic Forum. The summit, which runs from 23 to 24, will be filled by leaders of the countries, the African Union, investors and experts on the future

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KDF operations in Somalia paralysed as EU delays disbursement of funds

The Kenya Defense Forces operations in Somalia could be grounded in few months time due to delayed disbursement of funds by European Union, For the last three months, records reveal, EU has not been able to fulfill her financial obligations, with the burden now left to the government of Kenya despite the troops serving under

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