Wagner Group reportedly rakes in $10 million-a-month from instability in Mali

The report suggests that the Wagner Group is leveraging the ongoing terror and instability in Mali to exchange African gold, thereby contributing to funding Vladimir Putin’s military activities.

According to Express.co.uk, Business is booming in Africa for the Wagner Group due to proxy wars that have caused chaos and sparked horrific bloodshed.

The group, formerly led by the late Yevgeny Prigozhin, who passed away in August this year, was invited to Mali to combat Islamic State terrorists following the military junta’s seizure of power in a coup in 2021.

Since then, the Wagner Group has supported the military regime, with both Mali and Russia asserting that the fighters are not mercenaries but trainers assisting local troops in combating an insurgency by Islamist militants.

However, U.S. intelligence experts hold a different view, asserting that Moscow has been accused of earning huge profits on the back of Wagner’s turning Mali into a battleground, which has seen hundreds of civilians killed and wounded.

Source: Business Insider