Market Watch

Russia is on a charm offensive in Africa

The reasons aren’t pretty

The objective of Russia's visit to Africa was to portray the country as an unencumbered Great Power that maintains allies around the globe with whom it can conduct business as usual.

Vor 1 Jahr 01 August 2022 - 2022-08-01 00:00:00

Joseph Siegle – The fact that Russia’s foreign minister Sergey Lavrov made a high-profile trip to Africa in the throes of Russia’s war on Ukraine reveals how much Russia need

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Premier League: Aston Villa 3 vs 3 Liverpool | Manchester United 0 vs 1 Arsenal | Nottingham Forest 2 vs 3 Chelsea | Newcastle 1 vs 1 Brighton | Wolves 1 vs 3 Crystal Palace | Everton 1 vs 0 Sheffield United | West Ham 3 vs 1 Luton Town | Bournemouth 1 vs 2 Brentford | Tottenham Hotspur 2 vs 1 Burnley | Fulham 0 vs 4 Manchester City LaLiga: Barcelona 2 vs 0 Real Sociedad | Real Betis 3 vs 2 Almería | Valencia 0 vs 0 Rayo Vallecano | Atletico Madrid 1 vs 0 Celta Vigo | Cadiz 1 vs 0 Getafe | Athletic Club 2 vs 2 Osasuna | Granada 0 vs 4 Real Madrid | Villarreal 3 vs 2 Sevilla | Mallorca 1 vs 0 Las Palmas SerieA: Fiorentina 2 vs 1 Monza | Lecce 0 vs 2 Udinese | Atalanta 2 vs 1 AS Roma | Juventus 1 vs 1 Salernitana | Genoa 2 vs 1 Sassuolo | Hellas Verona 1 vs 2 Torino | SS Lazio 2 vs 0 Empoli | AC Milan 5 vs 1 Cagliari | Napoli 0 vs 2 Bologna European Championships Qualifying: West Bromwich Albion 0 vs 0 Southampton | Norwich City 0 vs 0 Leeds United English Championship: West Bromwich Albion 0 vs 0 Southampton | Norwich City 0 vs 0 Leeds United Katima Mulilo: 16° | 32° Rundu: 16° | 32° Eenhana: 15° | 34° Oshakati: 17° | 33° Ruacana: 18° | 33° Tsumeb: 16° | 30° Otjiwarongo: 14° | 29° Omaruru: 16° | 30° Windhoek: 13° | 26° Gobabis: 14° | 26° Henties Bay: 15° | 26° Wind speed: 23km/h, Wind direction: S, Low tide: 13:52, High tide: 07:51, Low Tide: 02:00, High tide: 20:47 Swakopmund: 15° | 19° Wind speed: 28km/h, Wind direction: SW, Low tide: 13:50, High tide: 07:49, Low Tide: 02:00, High tide: 20:45 Walvis Bay: 15° | 29° Wind speed: 30km/h, Wind direction: SW, Low tide: 13:50, High tide: 07:48, Low Tide: 02:00, High tide: 20:44 Rehoboth: 15° | 28° Mariental: 17° | 30° Keetmanshoop: 21° | 31° Aranos: 17° | 29° Lüderitz: 14° | 27° Ariamsvlei: 20° | 32° Oranjemund: 13° | 28° Luanda: 25° | 27° Gaborone: 15° | 26° Lubumbashi: 14° | 28° Mbabane: 13° | 21° Maseru: 8° | 23° Antananarivo: 14° | 22° Lilongwe: 15° | 27° Maputo: 18° | 26° Windhoek: 13° | 26° Cape Town: 17° | 24° Durban: 17° | 25° Johannesburg: 14° | 21° Dar es Salaam: 24° | 31° Lusaka: 16° | 27° Harare: 13° | 25° Currency: GBP to NAD 23 | EUR to NAD 19.79 | CNY to NAD 2.54 | USD to NAD 18.35 | DZD to NAD 0.14 | AOA to NAD 0.02 | BWP to NAD 1.31 | EGP to NAD 0.38 | KES to NAD 0.14 | NGN to NAD 0.01 | ZMW to NAD 0.68 | ZWL to NAD 0.04 | BRL to NAD 3.57 | RUB to NAD 0.2 | INR to NAD 0.22 | USD to DZD 133.97 | USD to AOA 834.06 | USD to BWP 13.6 | USD to EGP 47.02 | USD to KES 130.23 | USD to NGN 1419.9 | USD to ZAR 18.35 | USD to ZMW 25.5 | USD to ZWL 321 | Stock Exchange: JSE All Share Index 78464.25 Up +1.19% | Namibian Stock Exchange (NSX) Overall Index 1754.6 Up +1.22% | Casablanca Stock Exchange (CSE) MASI 13541.33 Up +0.11% | Egyptian Exchange (EGX) 30 Index 25381.25 Up +0.90% | Botswana Stock Exchange (BSE) DCI 9151.06 Same 0 | NSX: MTC 7.75 SAME | Anirep 8.99 SAME | Capricorn Investment group 17.34 SAME | FirstRand Namibia Ltd 49 DOWN 0.50% | Letshego Holdings (Namibia) Ltd 4.1 UP 2.50% | Namibia Asset Management Ltd 0.7 SAME | Namibia Breweries Ltd 31.49 UP 0.03% | Nictus Holdings - Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 337.77/OZ DOWN -0.0096 | Copper US$ 4.74/lb UP +2.87% | Zinc US$ 3 017.00/T UP 0% | Brent Crude Oil US$ 83.85/BBP UP +1.00% | Platinum US$ 1 001.75/OZ UP +0.86% Sport results: Premier League: Aston Villa 3 vs 3 Liverpool | Manchester United 0 vs 1 Arsenal | Nottingham Forest 2 vs 3 Chelsea | Newcastle 1 vs 1 Brighton | Wolves 1 vs 3 Crystal Palace | Everton 1 vs 0 Sheffield United | West Ham 3 vs 1 Luton Town | Bournemouth 1 vs 2 Brentford | Tottenham Hotspur 2 vs 1 Burnley | Fulham 0 vs 4 Manchester City LaLiga: Barcelona 2 vs 0 Real Sociedad | Real Betis 3 vs 2 Almería | Valencia 0 vs 0 Rayo Vallecano | Atletico Madrid 1 vs 0 Celta Vigo | Cadiz 1 vs 0 Getafe | Athletic Club 2 vs 2 Osasuna | Granada 0 vs 4 Real Madrid | Villarreal 3 vs 2 Sevilla | Mallorca 1 vs 0 Las Palmas SerieA: Fiorentina 2 vs 1 Monza | Lecce 0 vs 2 Udinese | Atalanta 2 vs 1 AS Roma | Juventus 1 vs 1 Salernitana | Genoa 2 vs 1 Sassuolo | Hellas Verona 1 vs 2 Torino | SS Lazio 2 vs 0 Empoli | AC Milan 5 vs 1 Cagliari | Napoli 0 vs 2 Bologna European Championships Qualifying: West Bromwich Albion 0 vs 0 Southampton | Norwich City 0 vs 0 Leeds United English Championship: West Bromwich Albion 0 vs 0 Southampton | Norwich City 0 vs 0 Leeds United Weather: Katima Mulilo: 16° | 32° Rundu: 16° | 32° Eenhana: 15° | 34° Oshakati: 17° | 33° Ruacana: 18° | 33° Tsumeb: 16° | 30° Otjiwarongo: 14° | 29° Omaruru: 16° | 30° Windhoek: 13° | 26° Gobabis: 14° | 26° Henties Bay: 15° | 26° Wind speed: 23km/h, Wind direction: S, Low tide: 13:52, High tide: 07:51, Low Tide: 02:00, High tide: 20:47 Swakopmund: 15° | 19° Wind speed: 28km/h, Wind direction: SW, Low tide: 13:50, High tide: 07:49, Low Tide: 02:00, High tide: 20:45 Walvis Bay: 15° | 29° Wind speed: 30km/h, Wind direction: SW, Low tide: 13:50, High tide: 07:48, Low Tide: 02:00, High tide: 20:44 Rehoboth: 15° | 28° Mariental: 17° | 30° Keetmanshoop: 21° | 31° Aranos: 17° | 29° Lüderitz: 14° | 27° Ariamsvlei: 20° | 32° Oranjemund: 13° | 28° Luanda: 25° | 27° Gaborone: 15° | 26° Lubumbashi: 14° | 28° Mbabane: 13° | 21° Maseru: 8° | 23° Antananarivo: 14° | 22° Lilongwe: 15° | 27° Maputo: 18° | 26° Windhoek: 13° | 26° Cape Town: 17° | 24° Durban: 17° | 25° Johannesburg: 14° | 21° Dar es Salaam: 24° | 31° Lusaka: 16° | 27° Harare: 13° | 25° Economic Indicators: Currency: GBP to NAD 23 | EUR to NAD 19.79 | CNY to NAD 2.54 | USD to NAD 18.35 | DZD to NAD 0.14 | AOA to NAD 0.02 | BWP to NAD 1.31 | EGP to NAD 0.38 | KES to NAD 0.14 | NGN to NAD 0.01 | ZMW to NAD 0.68 | ZWL to NAD 0.04 | BRL to NAD 3.57 | RUB to NAD 0.2 | INR to NAD 0.22 | USD to DZD 133.97 | USD to AOA 834.06 | USD to BWP 13.6 | USD to EGP 47.02 | USD to KES 130.23 | USD to NGN 1419.9 | USD to ZAR 18.35 | USD to ZMW 25.5 | USD to ZWL 321 | Stock Exchange: JSE All Share Index 78464.25 Up +1.19% | Namibian Stock Exchange (NSX) Overall Index 1754.6 Up +1.22% | Casablanca Stock Exchange (CSE) MASI 13541.33 Up +0.11% | Egyptian Exchange (EGX) 30 Index 25381.25 Up +0.90% | Botswana Stock Exchange (BSE) DCI 9151.06 Same 0 | NSX: MTC 7.75 SAME | Anirep 8.99 SAME | Capricorn Investment group 17.34 SAME | FirstRand Namibia Ltd 49 DOWN 0.50% | Letshego Holdings (Namibia) Ltd 4.1 UP 2.50% | Namibia Asset Management Ltd 0.7 SAME | Namibia Breweries Ltd 31.49 UP 0.03% | Nictus Holdings - Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 337.77/OZ DOWN -0.0096 | Copper US$ 4.74/lb UP +2.87% | Zinc US$ 3 017.00/T UP 0% | Brent Crude Oil US$ 83.85/BBP UP +1.00% | Platinum US$ 1 001.75/OZ UP +0.86%