Trading & Financial News
No Result
View All Result
Friday, September 12, 2025
  • Login
  • Economy
  • Markets
  • Forex News
  • Investing
  • Stock Trading
  • Crypto
Subscribe
Trading & Financial News
  • Economy
  • Markets
  • Forex News
  • Investing
  • Stock Trading
  • Crypto
No Result
View All Result
Trading & Financial News
No Result
View All Result
Home Markets

Russia finally authorizes a nuclear deal with two of its most notable West-African friends

by Tradinghow
June 12, 2025
in Markets
A A
0
Russia finally authorizes a nuclear deal with two of its most notable West-African friends
152
SHARES
1.9k
VIEWS
Share on FacebookShare on Twitter


The move, which was sanctioned by the Russian government, entrusts Russia’s state atomic energy firm, Rosatom, with overseeing the agreements on Moscow’s behalf.

According to the proposed agreements, Russia would assist both Mali and Burkina Faso in the building of nuclear power facilities and research reactors.

As per a report by Sputnik, Rosatom will supply crucial services connected to the nuclear fuel cycle, firmly putting Russia at the foundation of the two countries’ efforts to utilize nuclear energy for civilian purposes.

The initiative builds on Russia’s expanding position in Burkina Faso’s energy industry.

In October 2024, Rosatom and Burkina Faso signed a memorandum of understanding (MoU) to establish a nuclear power facility in the West African country.

Talks ramped up in March 2025, when both sides stated they were working on a proposal to build the facility, which is anticipated to ease energy constraints and spur industrial growth.

In April 2025, Burkina Faso’s military-led administration issued an industrial mining license to Nordgold, a Russian gold mining corporation, to commence operations on a new gold mine.

The move came at a time when gold prices were skyrocketing and governments were looking for new revenue streams to help their faltering economies.

https://primexbt.investments/start_trading/?cxd=459_549985&pid=459&promo=[afp7]&type=IB https://primexbt.investments/start_trading/?cxd=459_549985&pid=459&promo=[afp7]&type=IB https://primexbt.investments/start_trading/?cxd=459_549985&pid=459&promo=[afp7]&type=IB

Russia and its AES friends in recent months

The growing collaboration coincides with a momentous political transition in West Africa. Burkina Faso, Mali, and Niger, collectively known as the Alliance of Sahel States (AES), announced their formal exit from the Economic Community of West African States (ECOWAS) on January 29, 2025.

The group levied sanctions and criticized the military coups that installed the present administrations, causing the three to distance themselves from Western institutions.

These technologies seek to improve border security and enable encrypted communications across AES nations, thereby strengthening Russian influence in the region’s security architecture.



Source link

  • Trending
  • Comments
  • Latest
The Evolving International Cannabis Landscape

The Evolving International Cannabis Landscape

March 20, 2024
UK Faces Two Decades of No Earnings Growth and More Austerity

UK Faces Two Decades of No Earnings Growth and More Austerity

July 29, 2023
Uniswap Launches Permissionless Bridging Across 9 Networks

Uniswap Launches Permissionless Bridging Across 9 Networks

October 24, 2024
China tech groups lead multibillion-dollar campaign to help exporters sell at home

China tech groups lead multibillion-dollar campaign to help exporters sell at home

April 20, 2025
High Street Retailers Pin Hopes On Discount Splurge In Black Friday Fever

High Street Retailers Pin Hopes On Discount Splurge In Black Friday Fever

0
UK Faces Two Decades of No Earnings Growth and More Austerity

UK Faces Two Decades of No Earnings Growth and More Austerity

0
Learn how to trade. For beginners

Learn how to trade. For beginners

0
Trading for beginners

Trading for beginners

0
India’s Adani Bans Sanctioned Tankers From Berthing at its Ports

India’s Adani Bans Sanctioned Tankers From Berthing at its Ports

September 12, 2025
Client Challenge

Client Challenge

September 12, 2025
The T “Wealth Transfer” Coming for the Housing Market

The $84T “Wealth Transfer” Coming for the Housing Market

September 12, 2025
Fuel scarcity crisis averted as fuel depots in Africa’s largest market reopen

Fuel scarcity crisis averted as fuel depots in Africa’s largest market reopen

September 11, 2025

Recent News

India’s Adani Bans Sanctioned Tankers From Berthing at its Ports

India’s Adani Bans Sanctioned Tankers From Berthing at its Ports

September 12, 2025
Client Challenge

Client Challenge

September 12, 2025

Categories

  • Business
  • Crypto
  • Economy
  • Forex News
  • Investing
  • Markets
  • More
  • Stock Trading
  • Trading for beginners

Site Navigation

  • Home
  • Contact Us
  • Stock Trading
  • Markets
  • Investing
  • Other Links
  • Privacy & Policy
Trading & Financial News

We bring you the fastest breaking news on Trading, forex, and finance submitted from credible and reliable news sources around the world.

© 2023 Tradinghow Useful forex analysis and financial news, submitted by credible news sources around the world.tradinghow.

No Result
View All Result
  • Contact Us
  • Home
  • Economy
  • Crypto
  • Investing
  • Markets
  • Forex News
  • Stock Trading

© 2023 Tradinghow Useful forex analysis and financial news, submitted by credible news sources around the world.tradinghow.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In