BURKINA FASO: MILITARY JUNTA PLAYS OFF FRANCE VERSUS RUSSIA IN HIGH STAKES GAMBLE

   Thu, 26 January 2023

Under pressure from mounting public anger, the military junta is severing ties with France and other western countries as well as the United Nations. French special forces stationed in the country, who have been crucial in the fight against Islamist militancy in the Sahel region, will withdraw by end of February, while diplomatic relations with France come under intense strain. A formal contract with Russian private military contractors may be imminent, as accurately forecast by Pangea-Risk just a few months ago. This scenario would raise contract and expropriation risks in the mining sector, while simultaneously intensifying insecurity in conflict regions.

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