Russia’s influence in Africa grows
Marketplace All-in-One
Marketplace
4.5 • 1.4K Ratings
🗓️ 4 August 2023
⏱️ 6 minutes
🧾️ Download transcript
Summary
From the BBC World Service: Niger’s elected president, Mohamed Bazoum, has warned that following the coup in his country, the entire Sahel region in Africa could fall under Russian influence — with devastating consequences. Following Fitch’s downgrade of US government debt, the picture for investors is becoming clearer. The World Bank has given nearly $5 billion of funding for projects to boost economies across Latin America and the Caribbean. So just how much difference has that made?
Transcript
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| 0:00.0 | New Jersey President seeks U.S. support to reverse the coup's economic fallout. |
| 0:06.4 | Hello, and you're listening to the Marketplace Morning Report live from the BBC World Service, |
| 0:10.7 | a very good morning to you, I'm Leana Byrne. |
| 0:13.1 | New Jersey's elected president, Mohammed Bazoum, has urged the U.S. and the rest of the |
| 0:17.5 | world to help restore constitutional order after last week's coup. |
| 0:22.3 | The country has been subject to unprecedented sanctions. |
| 0:25.7 | The price of rise there is now up by 40% and there's been rolling blackouts in major cities. |
| 0:31.4 | Writing in the Washington Post, New Jersey's president warned that the entire Sahel region |
| 0:36.3 | in Africa could fall under Russian influence. |
| 0:39.5 | The BBC's Africa correspondent, Catherine Berahanga, has more. |
| 0:43.4 | He starts this piece by saying I write this as a hostage. |
| 0:47.5 | He defends his record, he says, through having closed ties to France, the United States, |
| 0:53.1 | his government was able to hold back an Islamist insurgency in his country. |
| 0:58.3 | He is very open-ended in his statement. |
| 1:00.8 | He says, well, can the international community come and help us? |
| 1:03.7 | He doesn't say how. |
| 1:05.0 | What we've seen in the last few days is the European Union, |
| 1:08.5 | other Western governments cutting aid, |
| 1:11.2 | but there will be growing questions about whether this is actually impacting |
| 1:14.8 | the ordinary civilians rather than the military. |
| 1:18.0 | Catherine Berahanga there, okay, let's do the numbers. |
| 1:21.8 | Profits have to $260 million in the world's biggest advertiser, WBP. |
... |
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