World
West Attempting to Maintain Neocolonial Empire in Africa—Russia
By Kestér Kenn Klomegâh
Mikhail Bogdanov, Deputy Minister of Foreign Affairs of the Russian Federation; Special Presidential Representative for the Middle East and Africa, has offered excellent directions into Russia’s policy implementation in Africa within the context of the emerging new world order.
The changing geopolitical situation is often discussed in relation to Africa, officials always attempt to point out what and how Africa should play its role, especially in dealing with external partners.
Russia and China are building a relationship of fair competition in Africa, Bogdanov said in an interview in late February with TASS, adding that Moscow and Beijing do not share the approaches of former Western colonial powers. That said, the Russian side has something to offer to African partners in the economic sense now.
“The policy of Russia, same as China, which is Africa’s time-tested partner, is pragmatic and naturally based on the balance of national interests. We are building an equitable relationship, being respectful of the sovereignty of foreign countries and their integral right to determine their domestic and international policy. Meanwhile, fair competition is always relevant. This is what makes Russia’s fundamental approaches different from those of former Western colonial powers,” he noted.
He says the issue is not about the West’s attention to the continent that has intensified recently but about desperate attempts by the collective West to maintain its neocolonial empire.
“Today, especially after Russia and the West came to a parting of the ways through no fault of ours, Western countries are facing an urgent necessity to replenish essential resources that have been lost, for supporting their industry and for economic development and, if possible, with minimum expenses.
“Their goal in Africa now is to solve existentialist issues, so to say. It can be seen in the tools they use, mostly ‘unsportsmanlike’, including ‘laws’ restricting Russia’s activities in Africa, sanctions, stop lists, threats, blackmail,” he said.
Writing under the title “Russia’s Policy Towards Africa” back in September 2019, Institute of African Studies researcher Olga Kulkova explicitly explained that Russia has greatly strengthened its presence in Africa over the past few years. It has signed new agreements with several countries there, including cooperation in the field of military technology, security and counterterrorism.
On the positive side, this has reinforced Russia’s traditionally friendly ties with its African partners, after its sudden withdrawal from Africa in the early 1990s, which was, indeed, a strategic blunder. But, Russian authorities have become fully aware of these primary policy mistakes. Now is the time to revitalize and rebuild the old ties, and also important to forge new ones. Russia’s policy towards Africa can be described as unique, but it has fewer financial and economic opportunities for implementing its policy on the continent compared to that of China.
Last February, writing under the title “What Africa Expects From Russia”, Valdai Club expert Nourhan ElSheikh clearly noted that the Russian-African partnership is the core of a new multipolar world order that would be more fair and just for all. Africa expects a lot from Russia. Historical cooperation between the two and the huge capabilities that Russia possesses confirm its ability to meet these expectations and move forward together in the future.
Africa is a promising continent with broad prospects for economic growth. It is very rich in both natural and human resources. Africa has 30% of the world’s total minerals, 10% of oil reserves, 8% of gas reserves, and nearly 60% of the world’s untapped agricultural area. By 2040, Africa will have the largest labour force, as a quarter of the world’s population will live there; with young people accounting for more than 60%.
Although Africa possesses all the requirements needed for development and economic breakthroughs, it still suffers from hunger, poverty, poor living standards, and political instability. Over long decades of colonialism, Western countries exploited Africa and drained its wealth without investing in any development. Africa needs fair and balanced partnerships in order to help it face its problems and move toward the future.
African countries deeply trust Russia as a reliable partner. This reliance is rooted in the Soviet era when Moscow was the only supporter of the African national liberation movements. Russia provided the newly independent African countries with economic, military and technical assistance.
Russia is also distinguished by its cooperative rather than competitive approach to the continent. Unlike Western countries, which view Africa as an arena for international competition, Moscow seeks development partnerships based on a win-win principle. It bases its cooperation on mutual respect of interests, non-interference in internal affairs, and consolidating peace and stability.
In this context, Africa looks forward to an active partnership with Russia in confronting its crises and launching economic and social development according to the following priorities. Chief among these is the food crisis, which is considered the most pressing in Africa. More than a third of people in the world who suffer from chronic hunger and undernourishment are in Africa. Cooperation with Russia is crucial in overcoming this existential crisis.
In the short term, this means providing African countries with Russian grain and fertilizers. In the long term, it entails helping Africans in developing their agricultural sector and providing them with the required technology. A number of African countries have fertile soil and sufficient water resources. But they are in dire need of investment in technology, not only to satisfy their nutritional needs but to become regional centres for Russian grain production.
Providing investment and technology for the energy sector is also an African priority. African countries need to exploit their natural resources in the field of energy. This includes oil, gas, new and renewable energy, and hydroelectric power, as many countries in the continent, especially Sub-Saharan ones, suffer from a severe deficit in electricity.
Likewise, cooperation is needed in mining and the extraction of Africa’s huge reserves of minerals. Linked to this is the development of industries that depend on the natural resources that Africa possesses. The same priority can be given to the development of both the education and healthcare sectors, as well as transport infrastructure, especially railways. Ignorance and disease are fundamental challenges to any development efforts in Africa.
In parallel with those development areas, it is necessary to work on ensuring peace and stability. Africa suffers greatly from political instability, as well as from internal and regional armed conflicts. There is no sustainable development without stability and peace.
Russia has played an important role in restoring stability and combating terrorism in a number of African countries, including Mali and the Central African Republic. Russia has actively participated in peacekeeping forces in Africa. It is important to enhance Russia’s role as a guarantor of peace and stability in Africa. African countries rely on Russia as an honest partner that sincerely supports peace and stability.
Many African experts, however, believe that Russia is doing little with investment in Africa. Unlike Western countries, European Union members and Asian countries, which focus particularly on what they want to achieve with Africa, Russia places anti-colonial fight at the core of its policy.
Long before it held its first summit, Russia had made several pledges and promises and held several meetings with several delegations. Records show that 92 bilateral agreements were signed at the end of the Russia-Africa summit in 2019 have not been implemented, and yet officials are still and passionately looking for more agreements with Africa.
Worthy of understanding is the fact that Africa has attained its political independence far back in the 60s, and many of them are striving to diversify their economies, build infrastructure, and modern agriculture to ensure food security and push for industrializing using vibrant human resources. These African countries are ready to cooperate with potential investors with funds for transforming the resources, especially with the evolving African Continental Free Trade Area (AfCFTA) initiated by the African Union.
South African Institute of International Affairs (SAIIA), a policy think tank, also suggested that Africa needs to forge a unified approach to Russia before the 2023 Russia-Africa Summit.
In its researched policy report, the think tank operators have argued that Russian Foreign Minister Sergey Lavrov’s visits to Africa, last year and early this year, highlighted the need for the development of a Russian continental strategy to avoid becoming a pawn in global power games.
Those trips have underscored the importance for African countries to develop well-crafted positions when engaging with external powers. Without this, Africa risks being caught up in geopolitical disputes, diminishing its global voice and agency. Lavrov reinforced the criticism of Western policies in Africa.
Russia has been ramping up its military relationships with several African countries for at least a decade. Its approach is often influenced by close ties between Russia’s arms industry and its infamous private security contractor, the Wagner Group. According to Sipri, a Swedish think tank, Russia was the largest arms supplier to Africa in 2021, accounting for 44% of continental imports of major arms. In total, Russia has signed military agreements with more than 20 African countries.
While Russia is not among Africa’s largest trading partners, its presence cannot be discounted. It is estimated that in 2020, Russia’s trade with African countries amounted to more than $14 billion, with Egypt accounting for about 30% of this total. But, while the Russian economy and the size of its military are much larger than that of any single African country, collectively, the continent can hold more sway. In 2021, Africa’s collective GDP was around $2.7 trillion, while Russia’s amounted to about $1.7 trillion.
It is not hard to see why taking sides is problematic for African states. Perhaps, the most important way forward is for African countries to work in cooperation with one another. Thus, developing relationships beyond short-term impact is critical to ensure the continent is not dominated by other global powers’ interests.
Overcoming passivity could involve the following steps: Africa urgently needs a Russia strategy. To that end, the AU can — and should — engage with its members in a more structured manner and help them put together joint positions on critical issues related to Russia and other partners, like the US, China, Europe and others.
The first step in this direction should be strengthening the AU’s Partnership Management and Coordination Division. The division can serve as a more appropriate place for reflection on how its member states can better advocate for the continent’s needs and ensure African voices are heard in discussions with countries like Russia.
Russia’s role in Africa is expected to remain controversial and contested. It is clear that Russia knows what it wants from the continent: access to markets, political support and general influence. Now it is time for the continent to clarify what it wants from Russia in return. In the lead-up to the 2023 Russia-Africa Summit, the AU and its member states should strengthen their positions regarding external partnerships. If not, the continent risks being left behind and used as a pawn in an increasingly divided global order.
World
Comviva Wins at IBSi Global FinTech Innovation Award
By Modupe Gbadeyanka
For transforming cross-border payments through its deployment with Global Money Exchange, Comviva has been named Best In-Class Cross Border Payments.
The global leader in digital transformation solutions clinched this latest accolade at the IBS Intelligence Global FinTech Innovation Award 2025.
The recognition highlights how Comviva’s mobiquity Pay is helping shape a modern cross-border payment ecosystem that stretches far beyond conventional remittance services.
Deployed as a white label Wallet Platform and launched as Global Pay Oman App, it fulfils GMEC’s dual vision—positioning itself as an innovative payment service provider while digitally extending its core money transfer business.
The solution allows GMEC to offer international money transfers alongside seamless forex ordering and other services. These capabilities sit alongside a broad suite of everyday financial services, including bill and utility payments, merchant transactions, education-related payments, and other digital conveniences — all delivered through one unified experience.
“This award is a testament to Oman’s accelerating digital transformation and our commitment to reshaping how cross-border payments serve people and businesses across the Sultanate.
“By partnering with Comviva and bringing the Global Pay Oman Super App, we have moved beyond traditional remittance services to create a truly inclusive and future-ready financial ecosystem.
“This innovation is not only enhancing convenience and transparency for our customers but is also supporting Oman’s broader vision of building a digitally empowered economy,” the Managing Director at Global Money Exchange, Subromoniyan K.S, said.
Also commenting, the chief executive of Comviva, Mr Rajesh Chandiramani, said, “Cross-border payments are becoming a daily necessity, not a niche service, particularly for migrant and trade-linked economies.
“This recognition from IBS Intelligence validates our focus on building payment platforms that combine global reach with local relevance, operational resilience and a strong user experience. The deployment with Global Money Exchange Co. demonstrates how mobiquity® Pay enables financial institutions to move beyond remittances and deliver integrated digital services at scale.”
“The deployment of mobiquity Pay for GMEC showcases how scalable, API-driven digital wallet platforms can transform cross-border payments into seamless, value-rich experiences.
“By integrating remittances, bill payments, forex services, and AI-powered engagement into a unified Super App, Comviva has reimagined customer journeys and operational agility.
“This Best-in-Class Cross-border Payments award win stands as a testament to Comviva’s excellence in enabling financial institutions to compete and grow in a digitally convergent world,” the Director for Research and Digital Properties at IBS Intelligence, Nikhil Gokhale, said.
World
Russia Renews Africa’s Strategic Action Plan
By Kestér Kenn Klomegâh
At the end of an extensive consultation with African foreign ministers, Russian Foreign Minister, Sergey Lavrov, has emphasized that Moscow would advance its economic engagement across Africa, admittedly outlining obstacles delaying the prompt implementation of several initiatives set forth in Strategic Action Plan (2023-2026) approved in St. Petersburg during the Russia-Africa Summit.
The second Ministerial Conference, by the Russian Foreign Ministry with support from Roscongress Foundation and the Arab Republic of Egypt, marked an important milestone towards raising bilateral investment and economic cooperation.
In Cairo, the capital city of the Arab Republic of Egypt, Lavrov read out the final resolution script, in a full-packed conference hall, and voiced strong confidence that Moscow would achieve its strategic economic goals with Africa, with support from the African Union (AU) and other Regional Economic blocs in the subsequent years. Despite the complexities posed by the Russia-Ukraine crisis, combined with geopolitical conditions inside the African continent, Moscow however reiterated its position to take serious steps in finding pragmatic prospects for mutual cooperation and improve multifaceted relations with Africa, distinctively in the different sectors: in trade, economic and investment spheres, education and culture, humanitarian and other promising areas.
The main event was the plenary session co-chaired by Russian Foreign Minister Sergey Lavrov and Egyptian Minister of Foreign Affairs, Emigration, and Egyptians Abroad Bashar Abdelathi. Welcome messages from Russian President Vladimir Putin and Egyptian President Abdelhak Sisi were read.
And broadly, the meeting participants compared notes on the most pressing issues on the international and Russian-African agendas, with a focus on the full implementation of the Russia-Africa Partnership Forum Action Plan for 2023-2026, approved at the second Russia-Africa Summit in St. Petersburg in 2023.
In addition, on the sidelines of the conference, Lavrov held talks with his African counterparts, and a number of bilateral documents were signed. A thematic event was held with the participation of Russian and African relevant agencies and organizations, aimed at unlocking the potential of trilateral Russia-Egypt-Africa cooperation in trade, economic, and educational spheres.
With changing times, Africa is rapidly becoming one of the key centers of a multipolar world order. It is experiencing a second awakening. Following their long-ago political independence, African countries are increasingly insisting on respect for their sovereignty and their right to independently manage their resources and destiny. Based on these conditions, it was concluded that Moscow begins an effective and comprehensive work on preparing a new three-year Cooperation and Joint Action Plan between Russia and Africa.
Moreover, these important areas of joint practical work are already detailed in the Joint Statement, which was unanimously approved and will serve as an important guideline for future work. According to reports, the Joint Statement reflects the progress of discussions on international and regional issues, as well as matters of global significance.
Following the conference, the Joint Statement adopted reflects shared approaches to addressing challenges and a mutual commitment to strengthening multifaceted cooperation with a view to ensuring high-quality preparation for the third Russia-Africa Summit in 2026.
On December 19-20, the Second Ministerial Conference of the Russia-Africa Partnership Forum was held in Cairo, Egypt. It was held for the first time on the African continent, attended by heads and representatives of the foreign policy ministries of 52 African states and the executive bodies of eight regional integration associations.
World
TikTok Signs Deal to Avoid US Ban
By Adedapo Adesanya
Social media platform, TikTok’s Chinese owner ByteDance has signed binding agreements with United States and global investors to operate its business in America.
Half of the joint venture will be owned by a group of investors, including Oracle, Silver Lake and the Emirati investment firm MGX, according to a memo sent by chief executive, Mr Shou Zi Chew.
The deal, which is set to close on January 22, 2026 would end years of efforts by the US government to force ByteDance to sell its US operations over national security concerns.
It is in line with a deal unveiled in September, when US President Donald Trump delayed the enforcement of a law that would ban the app unless it was sold.
In the memo, TikTok said the deal will enable “over 170 million Americans to continue discovering a world of endless possibilities as part of a vital global community”.
Under the agreement, ByteDance will retain 19.9 per cent of the business, while Oracle, Silver Lake and Abu Dhabi-based MGX will hold 15 per cent each.
Another 30.1 per cent will be held by affiliates of existing ByteDance investors, according to the memo.
The White House previously said that Oracle, which was co-founded by President Trump’s supporter Larry Ellison, will license TikTok’s recommendation algorithm as part of the deal.
The deal comes after a series of delays.
Business Post reported in April 2024 that the administration of President Joe Biden passed a law to ban the app over national security concerns, unless it was sold.
The law was set to go into effect on January 20, 2025 but was pushed back multiple times by President Trump, while his administration worked out a deal to transfer ownership.
President Trump said in September that he had spoken on the phone to China’s President Xi Jinping, who he said had given the deal the go ahead.
The platform’s future remained unclear after the leaders met face to face in October.
The app’s fate was clouded by ongoing tensions between the two nations on trade and other matters.
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