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AfricaBusinessEconomy

Russia and Congo to ink energy deal – envoy-Rt News

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The two countries are reportedly looking to build a pipeline to supply the African nation with Russian oil. Exclusive News Russia and the Republic of Congo are planning to sign an intergovernmental agreement on the construction of a pipeline for transporting petroleum products to Brazzaville, according to Russian Ambassador Georgy Chepik. “It is assumed that this agreement will be…
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Africa

African nation wants to join BRICS-Rt News

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Zimbabwe considers the group a new force in international relations, a senior politician says Exclusive News The Zimbabwean government would like to become a member of the BRICS economic bloc, the speaker of the ruling party ZANU-PF said on Wednesday. “We made it clear that we would like to become a member of the BRICS,” Christopher Mutsvangwa told Russia’s RIA Novosti news…
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Africa

Chinese naval base in Africa a threat to US – general-Rt News

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Despite the commander’s warning, it is unclear where the base will be built Exclusive News The head of US Africa Command, General Michael Langley, has insistedthat China cannot be allowed open a naval base in the west of the continent. The general did not publicly state where such a basecould be located, but emphasized that a west African naval facility would…
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AfricaEconomy

Algeria cautions against Western oil price cap-Rt News

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The measure could cause supply disruptions, the country’s energy minister warns Exclusive News The Western price ceiling on Russian oil will spark uncertainty and disrupt global trade flows, the Algerian energy minister warned on Wednesday. The OPEC+ decision to cut output by 2 million barrels per day last November was designed to bring stability to global oil markets, Mohamed Arkab…
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Africa

Missing uranium found – Libyan general-Rt News

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The radioactive ore was allegedly stolen from a warehouse before it was abandoned near the border with Chad Exclusive News Roughly 2.5 tons of uranium reported missing from a site in Libya has been recovered by armed forces based in the country’s east, a military spokesman said, just one day after the UN’s nuclear agency sounded alarms over the lost material. A media…
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AfricaWorld

Nuclear watchdog raises alarm over missing uranium – Reuters-Rt News

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Two tons of “natural uranium” reportedly disappeared from a storage site in Libya Exclusive News An estimated 2.5 tons of uranium that was supposed to be stored at a site in Libya was not there when International Atomic Energy Agency (IAEA) inspectors came to visit, Reuters reported on Wednesday citing a confidential statement by the UN watchdog. IAEA inspectors “found that 10…
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AfricaBusinessEconomy

Zimbabwe poised to ditch dollar in trade with Russia – official-Rt News

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Settlements between the countries could be arranged in local currencies or gold, a senior lawmaker has suggested Exclusive News The central banks of Russia and Zimbabwe should establish settlements in local currencies and look at opportunities for securing trade in gold reserves, the speaker of the Zimbabwean ruling party ZANU-PF, Christopher Mutsvangwa, told RIA Novosti on…
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