Chad Ends Longtime Military Partnership With France
The decision by Chad is another blow to what remained of France’s military influence in the troubled stretch of countries below the Sahara, where Russia’s influence has been growing.
THE PIVOT TO AFRICA 🌍 THREAD
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Kooley_High
All Star
Same. It plays a part but definetly not as much as it use to. Imperialism is more of a buzzword to garner support than actual truth. Most let Russia or China in to do the same thing.
Chad just kicked France out their country today, and the fact that they can do that doesnt sound like a government held hostage by imperialism at all. Hopefully everyone will see that their failures will be thier own now.
I just recently got hip to how bullshyt the narrative was becoming when you had all these coups taking place in the last 2 years but they were using the same revolutionary language of the people they overthrew. And I’m like…hold up…imperialism aint THAT strong, especially when Russia, China, and even Turkey are in the mix. Yall are kicking out the French to bend over for the Russians and Chinese??? Like, what part of the game is this?
88m3
Fast Money & Foreign Objects
Senegal kicked France out today as well
Most of the countries kicking western partners out so they don't have to deal with the scrutiny of their corruption and human rights violations which are already weak
really feel for regular people there
Most of the countries kicking western partners out so they don't have to deal with the scrutiny of their corruption and human rights violations which are already weak
really feel for regular people there
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One of Biden’s Closest Allies in Africa Is Ready to Court Trump
President João Lourenço of Angola has worked hard to strengthen his country’s partnership with the United States and says the recent election won’t derail that.
Chinese Demand for Rosewood Empowers Some of Africa’s Deadliest Terrorist Groups
Chinese smuggling rings have been instrumental in the illegal trafficking of rosewood. They also provide support to terrorist groups in West Africa and Mozambique.
www.btl-research.com
88m3
Fast Money & Foreign Objects
Chinese Demand for Rosewood Empowers Some of Africa’s Deadliest Terrorist Groups
Chinese smuggling rings have been instrumental in the illegal trafficking of rosewood. They also provide support to terrorist groups in West Africa and Mozambique.
pretty wild that the left media is silent on China, Russia, and Arab states extracting resources and the atrocities that they commit Africa
Chinese Demand for Rosewood Empowers Some of Africa’s Deadliest Terrorist Groups
e360.yale.edu
The Rosewood Trade: An Illicit Trail from Forest to Furniture
The most widely traded illegal wild product in the world today is rosewood, an endangered hardwood prized for its use in traditional Chinese furniture. An e360 investigation follows the trail of destruction and corruption from the forests of Madagascar to furniture showrooms in China.
e360.yale.edu
Angola removes sanctioned Alrosa from its diamond mines ahead of US visit
Russian state company’s 41% stake was sold to an Omani-backed investment fund Maaden
www.ft.com
Angola removes sanctioned Alrosa from its diamond mines ahead of US visit
Summarize
Russian state company’s 41% stake was sold to an Omani-backed investment fund Maaden
US President Joe Biden hosted Angolan President João Lourenço at the White House in November 2023
US President Joe Biden hosted Angolan President João Lourenço at the White House in November 2023 © AFP via Getty Images
Angola has removed the world’s largest diamond miner, Russian state-owned Alrosa, from its mines ahead of a visit by US President Joe Biden to the southern African country.
The cabinet of Angola’s President João Lourenço approved the sale of Alrosa’s stake in a state-owned Angolan miner on Thursday because of sanctions on the Russian producer, Angolan government media said.
Alrosa’s exit is a boost for US efforts to extend the global reach of sanctions, and suggests Luanda is moving closer to Washington after decades of ties with Moscow and Beijing.
Oil-rich Angola is a significant exporter of crude to China and is also Beijing’s biggest borrower in Africa, while its ruling MPLA party was a Soviet ally during the cold war.
Under Lourenço, Angola has won US backing for a rail corridor to transport copper from mines in the Democratic Republic of Congo and Zambia to the country’s ports. Biden’s visit next week will be the first by a US president.
Maaden International Investment, an Omani investor consortium, will take over Alrosa’s 41 per cent stake in Catoca, an Angolan company that owns the world’s fourth-largest diamond mine.
Terms of the stake sale, such as a purchase price, were not disclosed. Endiama, Angola’s state diamond company, owns another 41 per cent of Catoca. In 2022 the Angolan government told the Financial Times it had seized the balance of the ownership from a Chinese investor.
Diamantino Azevedo, Angola’s mining and petroleum minister, on Thursday said sanctions led to the decision to end the partnership. The US placed curbs on Alrosa soon after Moscow’s invasion of Ukraine in 2022.
Angola’s diamond exports have never been formally subject to sanctions because Alrosa did not own a majority of Catoca. But Russian links made buyers of the country’s diamonds wary, in what is already a tough global market for the stones this year because of falling demand.
Tensions between Catoca’s owners increased after the EU added Alrosa to its own list of curbs over the war in January this year, making it even harder to market Angolan diamonds, people with knowledge of the situation told the FT.
Alrosa’s exit will end more than two decades of Russian involvement in Angolan diamond exploration and production, dating back to the 1990s, before the end of the country’s civil war in 2002.
The producer helped to develop Catoca, which produces more than 6mn carats a year, and Luele, a newer mine, and received hundreds of millions of dollars in dividends.
Alexei Moiseev, Russia’s deputy finance minister, told Russian media last month that Alrosa was ready to exit Angola, but it would not sell its stake in Catoca to Anglo American-owned De Beers, the group’s biggest rival in the global diamond market.
Biden Opens the Only Trip of His Presidency to Sub-Saharan Africa
The president stopped in Cape Verde on his way to Angola, where he will highlight American commitment to Africa in the economic competition against China.
Wagner funnels $2.5 billion in 'blood gold' to Russia’s war chest as it rebrands and expands in Africa
The Wagner Group has generated over $2.5 billion from illegal gold mining since the start of the Ukraine invasion, according to a report by the World Gold Council.
www.lbc.co.uk