Russia: Raising Arms Sales

By Kester Kenn Klomegah

ADDIS ABABA, Ethiopia, March 25, 2013 (Buziness Africa) – As part of the foreign policy, Russian authorities have been strengthening military-technical cooperation, which includes officer training, the sale of arms and military equipment often coming up short on publicly available details, with a number of African countries. Besides Africa, Russia has also intensified cooperation, gaining a stronghold, in the usual business sphere with Asian and Latin American countries.

Monday, 25 March 2013 08:51

Interviews

Russia, China as Cornerstone BRICS Economies - Interview of Russian President Putin

MOSCOW, March 22, 2013 (VOR) – Ahead of new Chinese President Xi Jinping's first official visit to Russia, President Vladimir Putin gave an interview to the ITAR-TASS news agency outlining economic priorities and the future of the development of BRICS nations that are due to convene in South Africa's Durban for a summit on March 26-27.

Friday, 22 March 2013 08:54

Diplomacy

Four BRICS Deals Expected When Putin Visits Africa

By Rajeev Sharma

NEW DELHI, India, March 20, 2013 (TMT) — At least four deals will be reached at a BRICS summit that President Vladimir Putin will attend in South Africa next week, including the establishment of a business council and a consortium of think tanks from BRICS countries, a senior Indian official said.

Wednesday, 20 March 2013 08:49

Interviews

BRICS: An Instrument for Addressing the Global Economic Crisis

By Alexander Nechaev

PRETORIA, South Africa, March 20, 2013 (ITAR-TASS) - On the eve of the Fifth BRICS Summit due in Durban on March 26–27 South African Minister of International Relations and Cooperation Maite Nkoana-Mashabane gave the interview for ITAR-TASS news agency.

Wednesday, 20 March 2013 08:44

News

Africa: Warning On Russian Illicit Financial Flows

LIBERIA, Monrovia, March 12, 2013, (The New Republic) - Governments in West Africa should be wary of the influx of Russian businessmen to the region following media reports that the Governor of the Central Bank of Russia recently stated that roughly $50 billion was illegally siphoned out of the country in 2012, echoing research published recently by Global Financial Integrity (GFI), a Washington, DC-based research and advocacy organization, which estimated that an annual average of $62 billion was illicitly smuggled out of Russia in recent years.

Tuesday, 12 March 2013 08:40

Diplomacy

Russia Looks for Investment in Africa

By Kester Kenn Klomegah

ADDIS ABABA, Ethiopia, February 18, 2013 (Buziness Africa) - Russia seeks to increase its corporate investment portfolio and to strengthen existing economic cooperation under a renewed strategic plan in a number of African countries.