News
Russia helps Burkina Faso go nuclear
Russia's President Vladimir Putin shakes hands with Burkina Faso's interim President Ibrahim Traore at the Russia-Africa Summit in Russia in July.
Sputnik/Alexei Danichev/Pool via REUTERS
Only one in five citizens of Burkina Faso has access to electricity, making it one of the least electrified countries in the world. It also has one of the highest electricity costs on the continent. The landlocked country gets one-third of its total energy supplies from petroleum products, 2% from coal, and the remainder from biofuels, chiefly wood and charcoal. The nuclear plant would help the Burkinabe government meet its goal of attaining 95% electricity access for urban areas and 50% for rural areas by 2030.
The plant would also help cement ties between Moscow and Ouagadougou. Traore, who took power in a coup just last year, needs assistance to battle Islamic militants linked to al-Qaida and the Islamic State group. In May, Traore hailed Russia as a key strategic ally while denying that he had retained the services of Russia’s Wagner Group. But analysts say he doesn’t have much choice and will likely go down the same road as neighboring Mali, which hired Wagner in 2021, and the military junta in neighboring Niger, which has made overtures to the mercenary group since taking power in July.
Moscow, meanwhile, needs allies in Africa to shore up support for its side in its war in Ukraine. It is eager to fill the vacuum created by France’s military withdrawal from all three Sahel nations, where anti-colonial sentiment is on the rise.Russia is also helping Egypt build a nuclear power plant and is committed to building another in Nigeria.
Behind every scam lies a story — and within every story, a critical lesson. Anatomy of a Scam, takes you inside the world of modern fraud — from investment schemes to impersonation and romance scams. You'll meet the investigators tracking down bad actors and learn about the innovative work being done across the payments ecosystem to protect consumers and businesses alike. Watch the first episode of Mastercard's five-part documentary, 'Anatomy of a Scam,' here.
Think you know what's going on around the world? Here's your chance to prove it.