Contents tagged with Africa

  • Kremlin explains decision to write off billions of African debt

    By writing off billions of dollars owed by African countries, Russia has “opened a way for its companies to operate on the continent,” said Kremlin Spokesperson Dmitry Peskov, as cited by the Interfax news agency.

    Peskov explained that for a long time the debt burden had prevented the development of collaboration and cooperation between African countries and Russian companies. By law, companies with major debt could not enter into any new projects, he explained.

    “This is how it’s been cleared …

  • Russia to spend $6 billion to open ‘window to Africa’

    After writing off $140 billion owed by Syria, Vietnam, North Korea, countries in Africa and Latin America and former Soviet republics in Central Asia over the last 20 years, Russia is planning to drastically increase its lending to foreign governments over the next three years.

    In the draft budget for 2020-2022, the Russian government has allocated $6 billion to loans to foreign governments and companies. This is the most in the country’s modern history, Bloomberg observes. The funds will be …

  • Putin: Russia has written off $20 billion of African debt

    Russia has written off more than $20 billion of debt owed by African countries, said Russian President Vladimir Putin at a plenary session of the Russia – Africa Economic Forum, reports finanz.ru.

    This is 42% more than the annual budget of Russia’s entire higher education system ($14 billion), and more than the amount that will be allocated to the national healthcare project between now and 2024 ($18.8 billion), for example.

    Putin said that Moscow is systematically contributing to the …

  • Putin: Russia will fight for influence in Africa

    Russian President Vladimir Putin announced plans to increase cooperation with African countries. "We are ready not to redistribute wealth, but to compete for cooperation with Africa. This cooperation should be civilized and be developed in accordance to laws," said Russian President.

    Putin noted that not only the United States but also China, India, Turkey, the Gulf States, Japan, South Korea, Brazil, and Israel are interested in cooperation with African countries.

    "And it is not an accident, …

  • Putin: Russia is ready to help Africa in fight against terrorism

    Russian President Vladimir Putin said that the Armed Forces of African countries are not able to fight the terrorists alone and need substantial assistance, reports TASS.

    According to Putin, Russia's cooperation with the African countries in the field of security is an essential component of bilateral relations. "Without solving these problems, they won't be able to move forward," said Russian President.

    Putin noted that Russia will continue to expand contacts between intelligence agencies …

  • Russia pledges aid to yet another African country

    Russia is continuing its attempts at geopolitical expansion in Africa amid an impasse in its relations with the West and unclear prospects of cooperation with China. The list of African countries receiving Russian arms shipments now includes Mali.

    At the Army 2019 open forum in Kubinka on Tuesday, Russian Defense Minister Sergey Shoygu and his Malian colleague General Ibrahim Dahirou Dembele signed an intergovernmental agreement on military and technological cooperation.

    The document, which …

  • Russia to send soldiers to Congo

    During talks held in Moscow, Vladimir Putin and President of the Democratic Republic of the Congo Denis Sassou Nguesso agreed that Russian military will be sent to Congo, according to the contract published on the Kremlin’s website. 

    RIA Novosti, citing Deputy Minister of Defense Alexander Fomin, reported that the two sides are also negotiating arms transfers. “We expect that we will be requested to supply new equipment. There is a need for it,” the official explained.

    The parties signed …

  • Putin sends 35 Russian soldiers to UN mission in Central African Republic and Cyprus

    President Vladimir Putin signed the decree to send a group of 30 Russian soldiers to Central Africa. They will serve as part of the UN mission. The decree is published on the official internet-portal of legal information

    “The Russian Ministry of Defense is to send to the UN mission up to 30 servicemen of the Russian Armed Forces as liaison officers, military observers and staff officers”, the order says. The funding for the stay of the Russian military in the Central African Republic will be …

  • Ukrainian peacekeeper from the UN mission dies from malaria in Congo

    A Ukrainian soldier from the United Nations Organization Stabilization Mission in the Democratic Republic of the Congo (MONUSCO) died in a hospital in Kampala, Uganda, reported Ukrainsky Novyny citing the statement from the MONUSCO headquarters.

    "The Ukrainian officer who was a military observer in the Democratic Republic of the Congo has tragically died.The officer of the Main Directorate of Military Cooperation and Peacekeeping Operations of the General Staff of the Armed Forces of Ukraine, …

  • Russian media: Aircraft belonging to ‘Putin’s chef’ flies frequently to Syria and Africa

    A private jet believed to belong to the Russian businessman Yevgeny Prigozhin, also known as “Putin’s chef”, has been flying nearly every month to the Near East and Africa, where Russian mercenaries are known to be fighting, according to an investigation by the Russian news outlet Novaya Gazeta and the Organized Crime and Corruption Reporting Project (OCCRP).

    The aircraft, a Raytheon HAWKER 800XP with the registration number M-VITO, officially belongs to a company in the Seychelles with an …