Africa News

Botswana : De Beers diamond deal far from sparkling, says ex-President Masisi

Former President Mokgweetsi Masisi blames his successor, Duma Boko, for accepting clauses in the diamond distribution agreement that are less favourable to the state. ​Former President Mokgweetsi Masisi blames his successor, Duma Boko, for accepting clauses in the diamond distribution agreement that are less favourable to the state. Read More

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West Africa : Theia Trading takes over Russian oil products market in Africa as sanctions hit Demex

Demex Trading, a Dubai-registered Russian trading company, has been under US Office of Foreign Assets Control sanctions since January and is reorganising to continue distributing its petroleum products in West Africa. It had by last year become a key player […] ​Demex Trading, a Dubai-registered Russian trading company, has been under US Office of Foreign

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Burkina Faso : Ibrahim Traoré back on terms with businessman Mahamadou Bonkoungou

The head of Burkina Faso’s junta, Ibrahim Traoré, and millionnaire Mahamadou Bonkoungou have quietly made contact again. Tensions had been […] ​The head of Burkina Faso’s junta, Ibrahim Traoré, and millionnaire Mahamadou Bonkoungou have quietly made contact again. Tensions had been […] Read More

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