South Africa considers importing Russian crud...

More than 2,000 people have fled across the Red Sea into neighbouring Djibouti as fighting in Yemen escalates. The renewed conflict between the Iran-backed Houthi movement and the Saudi-backed Yemeni government has also displaced more than 100,000 people inside Yemen. Iran‑aligne ...  Show more

Nigerian billionaire Aliko Dangote has launched Africa's largest-ever share sale, offering a stake in his oil refinery to the general public. The initial public offering (IPO) covers roughly 3% of the Dangote Refinery and aims to raise $1.6 billion across Africa, targeting up to ...  Show more

Russia’s foreign minister Sergei Lavrov is in Ethiopia today.It’s the last stop on a tour trying to bolster support amongst African countries.Much of the continent has been badly affected by grain shortages caused by Russia’s war in Ukraine. But Mr Lavrov denies the country’s rol ...  Show more

New sanctions against Russia may not include a ban on European oil imports from Russia, but it well includes a ban on Russian gold, as there were signs that Russia was using gold to go around the international sanctions. Crude oil is down since yesterday, as gold trades near $169 ...  Show more

South Africa urges the UN's top court to order a halt to Israel's offensive in Rafah. Slovak authorities charge the suspect in the shooting of Prime Minister Robert Fico with attempted murder. Chinese and Russian leaders discuss cooperation, peace and common development as Vladim ...  Show more