• Latest
  • Trending
  • All
  • Politics
  • Economy
  • Security
  • Education
  • Sports
  • Health
  • Entertainment
  • Legal
  • Technology and Science
  • Opinion
  • Columns
  • Exposé
  • World
  • Lifestyle
US Pushes For Update Of World Bank’s Mission Statement, Targets Climate Change

US Imposes Sanctions On African Firms Involved In Gold Trade To Finance Wagner Operations

2 years ago
JUST IN: Nigeria Wins 10th WAFCON Title After Dramatic Comeback Against Morocco

JUST IN: Nigeria Wins 10th WAFCON Title After Dramatic Comeback Against Morocco

14 hours ago
JUST IN: Nigeria Wallop Rwanda In 2025 AfroBasket Opener

JUST IN: Nigeria Wallop Rwanda In 2025 AfroBasket Opener

19 hours ago
CAR: President Touadera Announces Third Term Bid After Removing Tenure Limit

CAR: President Touadera Announces Third Term Bid After Removing Tenure Limit

19 hours ago
Cameroon: Electoral Body Disqualifies President Biya’s Main Challenger

Cameroon: Electoral Body Disqualifies President Biya’s Main Challenger

20 hours ago
Ghana Down South Africa To Clinch WAFCON Bronze, Nigeria, Morocco Clash In Final

Ghana Down South Africa To Clinch WAFCON Bronze, Nigeria, Morocco Clash In Final

1 day ago
Sunday, July 27, 2025
  • About
  • Privacy Policy
Heritage Times
No Result
View All Result
Translate |
  • Login
  • Politics
    CAR: President Touadera Announces Third Term Bid After Removing Tenure Limit

    CAR: President Touadera Announces Third Term Bid After Removing Tenure Limit

    Cameroon: Electoral Body Disqualifies President Biya’s Main Challenger

    Cameroon: Electoral Body Disqualifies President Biya’s Main Challenger

    Insecurity In West Africa No Longer France’s Concern — Minister

    Insecurity In West Africa No Longer France’s Concern — Minister

    Rwanda: Kagame Appoints Top Central Bank Official As New PM

    Rwanda: Kagame Appoints Top Central Bank Official As New PM

    Strained Relations: Ramaphosa, Trump To Meet This Week

    US: Lawmakers Vote To Favour Bill Seeking Sanctions Against SA Over Its Foreign Policy

    As Regional Tension Worsens, Eritrea Cautions Ethiopia Against Conflict

    As Regional Tension Worsens, Eritrea Cautions Ethiopia Against Conflict

    Algeria Is Neutral In Libya Conflict, Says President Tebboune

    Algeria Is Neutral In Libya Conflict, Says President Tebboune

    Burkina Faso: Military Govt Scraps Electoral Body, Says It’s Waste Of Funds

    Burkina Faso: Military Govt Scraps Electoral Body, Says It’s Waste Of Funds

    UK Considers Reducing Voting Age To 16

    UK Considers Reducing Voting Age To 16

  • Economy
    Nigerian Govt, BoI Earmark N50m Innovation Grant For STEMM Students

    Nigerian Govt, BoI Earmark N50m Innovation Grant For STEMM Students

    IMF To Visit Senegal In August, With Focus On Hidden Debts, New Disbursements

    IMF To Visit Senegal In August, With Focus On Hidden Debts, New Disbursements

    Kenya: President Ruto’s Convoy Kills British National

    Kenya: Rating Agency Says Cost Of Debt Servicing’ll Remain High Over Local Borrowing

    Zambia Seals $1.1bn Deal With Chinese Firm To Construct 60,000 BPD Refinery

    Zambia Seals $1.1bn Deal With Chinese Firm To Construct 60,000 BPD Refinery

    Gita Gopinath To Step Down From IMF, Return To Harvard Faculty In September

    Gita Gopinath To Step Down From IMF, Return To Harvard Faculty In September

    AfDB To Boost Sustainable Agriculture In Morocco With $116 Million Loan

    AfDB To Boost Sustainable Agriculture In Morocco With $116 Million Loan

    Ghana, Serbia To Sign Labour Mobility Agreement

    Ghana, Serbia To Sign Labour Mobility Agreement

    Ghana: President Mahama Stops Payment Of Fuel Allowance To Officials

    Ghana: President Mahama Stops Payment Of Fuel Allowance To Officials

    Record-Breaking Mars Rock Found In Niger Fetches $4.3M At Auction

    Record-Breaking Mars Rock Found In Niger Fetches $4.3M At Auction

  • Security
  • Education
  • Sports
  • Health
  • Metro
  • Entertainment
  • Lifestyle
  • Legal
  • Tech & Science
  • Opinion
  • Exposé
  • Exclusive Videos
  • Niger Delta
  • World
  • Politics
    CAR: President Touadera Announces Third Term Bid After Removing Tenure Limit

    CAR: President Touadera Announces Third Term Bid After Removing Tenure Limit

    Cameroon: Electoral Body Disqualifies President Biya’s Main Challenger

    Cameroon: Electoral Body Disqualifies President Biya’s Main Challenger

    Insecurity In West Africa No Longer France’s Concern — Minister

    Insecurity In West Africa No Longer France’s Concern — Minister

    Rwanda: Kagame Appoints Top Central Bank Official As New PM

    Rwanda: Kagame Appoints Top Central Bank Official As New PM

    Strained Relations: Ramaphosa, Trump To Meet This Week

    US: Lawmakers Vote To Favour Bill Seeking Sanctions Against SA Over Its Foreign Policy

    As Regional Tension Worsens, Eritrea Cautions Ethiopia Against Conflict

    As Regional Tension Worsens, Eritrea Cautions Ethiopia Against Conflict

    Algeria Is Neutral In Libya Conflict, Says President Tebboune

    Algeria Is Neutral In Libya Conflict, Says President Tebboune

    Burkina Faso: Military Govt Scraps Electoral Body, Says It’s Waste Of Funds

    Burkina Faso: Military Govt Scraps Electoral Body, Says It’s Waste Of Funds

    UK Considers Reducing Voting Age To 16

    UK Considers Reducing Voting Age To 16

  • Economy
    Nigerian Govt, BoI Earmark N50m Innovation Grant For STEMM Students

    Nigerian Govt, BoI Earmark N50m Innovation Grant For STEMM Students

    IMF To Visit Senegal In August, With Focus On Hidden Debts, New Disbursements

    IMF To Visit Senegal In August, With Focus On Hidden Debts, New Disbursements

    Kenya: President Ruto’s Convoy Kills British National

    Kenya: Rating Agency Says Cost Of Debt Servicing’ll Remain High Over Local Borrowing

    Zambia Seals $1.1bn Deal With Chinese Firm To Construct 60,000 BPD Refinery

    Zambia Seals $1.1bn Deal With Chinese Firm To Construct 60,000 BPD Refinery

    Gita Gopinath To Step Down From IMF, Return To Harvard Faculty In September

    Gita Gopinath To Step Down From IMF, Return To Harvard Faculty In September

    AfDB To Boost Sustainable Agriculture In Morocco With $116 Million Loan

    AfDB To Boost Sustainable Agriculture In Morocco With $116 Million Loan

    Ghana, Serbia To Sign Labour Mobility Agreement

    Ghana, Serbia To Sign Labour Mobility Agreement

    Ghana: President Mahama Stops Payment Of Fuel Allowance To Officials

    Ghana: President Mahama Stops Payment Of Fuel Allowance To Officials

    Record-Breaking Mars Rock Found In Niger Fetches $4.3M At Auction

    Record-Breaking Mars Rock Found In Niger Fetches $4.3M At Auction

  • Security
  • Education
  • Sports
  • Health
  • Metro
  • Entertainment
  • Lifestyle
  • Legal
  • Tech & Science
  • Opinion
  • Exposé
  • Exclusive Videos
  • Niger Delta
  • World
No Result
View All Result
First with the News

US Imposes Sanctions On African Firms Involved In Gold Trade To Finance Wagner Operations

June 28, 2023
in Top Stories, World
0
0
VIEWS
Share on FacebookShare on TwitterShare on Whatsapp

By Enyichukwu Enemanna

The United States on Tuesday slammed a sanctions against companies in Africa linked to illicit gold deals to help in funding the operations of mercenary fighters of Russia’s Wagner Group.

Relatedreading

JUST IN: Nigeria Wins 10th WAFCON Title After Dramatic Comeback Against Morocco

JUST IN: Nigeria Wallop Rwanda In 2025 AfroBasket Opener

The companies include, Central African Republic-based Midas Ressources SARLU and Diamville SAU.

Washington also extended similar sanctions to two other firms in United Arab Emirates and Russia.

The U.S. Treasury Department said in a statement that four companies linked to Wagner and its leader Yevgeny Prigozhin, who was last weekend removed were all sanctioned.

The companies are accused of being used as a conduit help to pay the paramilitary’s forces fighting in Ukraine and undertaking operations to support Russian interests in Africa.

“The Wagner Group funds its brutal operations in part by exploiting natural resources in countries like the Central African Republic and Mali. The United States will continue to target the Wagner Group’s revenue streams to degrade its expansion and violence in Africa, Ukraine, and anywhere else,” Brian Nelson, Treasury undersecretary for terrorism and financial intelligence, said in the statement.

The sanctions involves blocking any assets the companies hold in the U.S. and prohibit them from engaging in new deals in the U.S.

The State Department said the sanctions were not unconnected to Wagner’s short-lived mutiny last weekend against Russian President Vladimir Putin and Moscow’s defence leadership for its handling of Russia’s war against Ukraine.

Wagner has fought in Libya, Syria, the Central African Republic, Mali and other countries, and has fought some of the bloodiest battles of the 16-month war in Ukraine, including at Bakhmut.

The group was founded in 2014 after Russia illegally annexed Ukraine’s Crimea Peninsula and started supporting pro-Russia separatists in Ukraine’s eastern Donbas region.

The sanction also hit the UAE-based Industrial Resources General Trading; and Russia-based DM, a limited liability company.

Andrey Nikolayevich Ivanov, a Russian national, was also sanctioned.

The Treasury Department accused him of being an executive in the Wagner Group and said he worked closely with senior Malian officials on weapons deals, mining concerns and other Wagner activities in the country.

Tags: breakingBrian NelsonHeritageheritage timesheritagetimesmedialatestnewsPresident Vladimir PutinRussian Wagner Groupthe heritage timesthtthtafricatop storiesYevgeny Prigozhin
ShareTweetSend
Previous Post

AU Leaders Meet In Angola, Demand Unconditional Withdrawal Of Armed Groups From DRC

Next Post

Sponsorship Deal: Bayern, Qatar Airways Part Ways 

Related Posts

JUST IN: Nigeria Wins 10th WAFCON Title After Dramatic Comeback Against Morocco

JUST IN: Nigeria Wins 10th WAFCON Title After Dramatic Comeback Against Morocco

July 26, 2025
JUST IN: Nigeria Wallop Rwanda In 2025 AfroBasket Opener

JUST IN: Nigeria Wallop Rwanda In 2025 AfroBasket Opener

July 26, 2025

CAR: President Touadera Announces Third Term Bid After Removing Tenure Limit

Cameroon: Electoral Body Disqualifies President Biya’s Main Challenger

Ghana Down South Africa To Clinch WAFCON Bronze, Nigeria, Morocco Clash In Final

Insecurity In West Africa No Longer France’s Concern — Minister

Next Post
Sponsorship Deal: Bayern, Qatar Airways Part Ways 

Sponsorship Deal: Bayern, Qatar Airways Part Ways 

Please login to join discussion
AfriHeritage Magazine Issue 2 AfriHeritage Magazine Issue 2 AfriHeritage Magazine Issue 2

Updates

Plugin Install : Widget Tab Post needs JNews - View Counter to be installed
  • Trending
  • Comments
  • Latest
JUST IN: Nigeria Wins 10th WAFCON Title After Dramatic Comeback Against Morocco

JUST IN: Nigeria Wins 10th WAFCON Title After Dramatic Comeback Against Morocco

July 26, 2025
JUST IN: Nigeria Wallop Rwanda In 2025 AfroBasket Opener

JUST IN: Nigeria Wallop Rwanda In 2025 AfroBasket Opener

July 26, 2025
CAR: President Touadera Announces Third Term Bid After Removing Tenure Limit

CAR: President Touadera Announces Third Term Bid After Removing Tenure Limit

July 26, 2025
Cameroon: Electoral Body Disqualifies President Biya’s Main Challenger

Cameroon: Electoral Body Disqualifies President Biya’s Main Challenger

July 26, 2025
JESIN GAMES - AfriTrivia JESIN GAMES - AfriTrivia JESIN GAMES - AfriTrivia
ADVERTISEMENT

Most Recent

JUST IN: Nigeria Wins 10th WAFCON Title After Dramatic Comeback Against Morocco

July 26, 2025

JUST IN: Nigeria Wallop Rwanda In 2025 AfroBasket Opener

July 26, 2025

CAR: President Touadera Announces Third Term Bid After Removing Tenure Limit

July 26, 2025

Cameroon: Electoral Body Disqualifies President Biya’s Main Challenger

July 26, 2025

Ghana Down South Africa To Clinch WAFCON Bronze, Nigeria, Morocco Clash In Final

July 26, 2025

Insecurity In West Africa No Longer France’s Concern — Minister

July 25, 2025

Nigerian Govt, BoI Earmark N50m Innovation Grant For STEMM Students

July 25, 2025

Nigerian Govt Moves To Rescue Stranded Citizens In Central African Republic

July 25, 2025

About

Heritage Times HT stands as a beacon of pan-African journalism, dedicated to amplyfing the rich tapestry of voices and narratives across the continent. With unwavering commitment, we illuminate the evocative essence of Africa, offering a fresh perspective that captivates our global audience.

Featured

From Hope To Fear: Kenya Joins East Africa’s Crackdown On Free Expression

AfDB Set For A New President, As Ould Tah Gains Continental Endorsement

How Dangote Is Turning Trump’s Trade War Into Africa’s Opportunity

Connect

Connect with us on social media and receive timely updates on the go.

Get Updates

  • About
  • Privacy Policy

© 2024 Heritage Times (HT) Media.

No Result
View All Result
  • Welcome
  • Politics
  • Economy
  • Security
  • Exposé
  • Education
  • Sports
  • Health
  • Entertainment
  • Legal
  • Technology and Science
  • Columns
    • Opinion
  • World
  • __________________
  • Make a Donation
  • Photo Speaks
  • Videos
  • You-Report
  • Whistleblower
  • Advertise
  • HT Events
  • About HT
  • Contact us

© 2024 Heritage Times (HT) Media.

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