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Africa’s Mining Industry: New Opportunities for Cooperation with Russia and China

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Russia-Africa Mining Forum

By Kestér Kenn Klomegâh

As part of the second international forum “Russia-Africa Expo-2025”, a roundtable discussion titled “The Potential of Africa’s Mining Industry: New Opportunities for Cooperation with Russia and China” was held at the conference hall of the Financial and Business Association of Euro-Asian Cooperation (FBAEAC). The event served as an important platform for strengthening the trilateral Russia-China-Africa partnership in industrial and technological development.

The roundtable was organized by the FBA EAC, with co-organizers including the Russian Chamber of Commerce and Industry’s Council for Financial, Industrial, and Investment Policy, the Peace Foundation, the State Duma Committee on International Affairs, the Russian-African Club of Lomonosov Moscow State University, Patrice Lumumba Peoples’ Friendship University of Russia (RUDN University), and the company “Kapital-Info.”

The event brought together over 70 participants – diplomats, as well as representatives from business, academia, and international organizations. Among them were delegations from more than 15 African countries, as well as from Russia, China, and Iran.

The Chinese delegation played a significant role in the event. Participants included Sun Yongjun, First Secretary of the Embassy of the People’s Republic of China, and Liu Yan, Second Secretary, along with representatives from the “Chongqing Pump Plant” (joining online): Su Ao, Ji Xiaodong, Yang Jiaquan, Yang Yiguang, and Wang Renjie. The participation of the Chinese side confirmed the practical focus of the trilateral cooperation and the readiness for joint implementation of projects in the mining industry.

The African side was represented by a wide range of participants: Jean Rick Biyaya Kadievu (Minister Plenipotentiary of the Embassy of the Democratic Republic of the Congo in Russia), Sid’Ahmed Cheikh Ould Aichetou (Ambassador Extraordinary and Plenipotentiary of the Islamic Republic of Mauritania); Eric Rubayita (Counsellor of the Embassy of Rwanda); Diarra Hadja Niamé Mariam Fofana (President of the Program of Consultations and Actions for Women Leaders of Mali); Gerry Mane (Chairman of the National Regulatory Authority for Communications and IT, Guinea-Bissau); Pierre Bangourou (Africa International Trade Connection, Côte d’Ivoire); Yumssi Tichuè (Général Import Export SARL, Cameroon); Amadou Demba Sy (Demba Mining & Frères, Cameroon); Domou Nouble Bruno Alkis (GIES, Cameroon).

The presentations by the African speakers emphasized the continent’s readiness to attract investments, adopt new technologies, and build sustainable production chains. Particular attention was paid to logistics, personnel training, and environmental issues.

The roundtable was also attended by a representative of Iran — Mehdi Rezazadeh, Founder and General Director of ZedPay Financial System & Services P.J.S.C. His participation further underscored the cross-regional nature of the discussion and the interest in expanding financial and technological cooperation within the context of industry projects.

Li Shaobin, President of the FBA EAC, addressed the participants with a welcome speech, noting that the development of cooperation with Africa in the mining industry opens new horizons for the entire Eurasian business space.

Ivan Borisovich Arkhipov, Deputy Chairman of the Russian-Chinese Friendship Society, also delivered a welcoming address, emphasizing the importance of strengthening humanitarian and economic ties.

Sergey Korotkov, Advisor to the President of the FBA EAC, presented a message from Vitaly Vovk, Deputy Director of the Industrial Policy Department of the Eurasian Economic Commission (EAEC). In his address, Vovk noted that the constructive discussion provides a new impetus for the development of sectoral cooperation and expressed the EAEC’s readiness to assist in developing specific mechanisms for collaboration.

A presentation by Roman Isakov, a recognized expert in the mining industry, attracted particular attention from the roundtable participants. Roman Isaevich delivered a report on “Technologies and Standards of Russian Mining Companies.”

Anatoly Tkachuk, Board Member of the Russian Union of Industrialists and Entrepreneurs (RSPP) and Head of the Center for International Projects and Programs at the International Congress of Industrialists and Entrepreneurs (ICIE), spoke about the RSPP and ICIE mechanisms for developing joint projects in the mining sector.

Furthermore, the Russian side was represented by Daria Michurina (RSPP), Yury Malakhov (Association of Machinery Manufacturers of Kuzbass), Alexander Kotlyarsky (PROMTEK LLC, First Vice President of FBA EAC), Anton Vasilyev (SPARTA LLC, Member of FBA EAC), Alexandra Matveeva (IBEC), Viktor Lazutin (RF CCI), and Igor Khmelkov (NOBIS Company), among others.

The roundtable was moderated by Louis Gouend, Founder and President of the African Business Club, Chairman of the Organizing Committee for “Russia-Africa Expo-2025”, and President of the Cameroonian Diaspora in Russia, together with Anna Geroldovna Bezdudnaya, Doctor of Economics, Professor, Head of the Department of Management and Innovations at SPbSUE, Executive Director of the R&D Center for Arctic Environmental-Economic Research, and Editor-in-Chief of the “FBA EAC Herald” journal.

During the discussion, participants examined a wide range of issues: the formation of joint working groups and industrial clusters, the creation of joint ventures, specialist training, financial support mechanisms, the implementation of environmental standards, and the expansion of logistics chains.

Following the event, participants highlighted the need to coordinate efforts among business communities, research centers, and government structures to implement specific investment and educational projects in the mining industry.

Key conclusions and recommendations developed during the discussion included:

(i) The need to promptly establish expert working groups to prepare pilot project initiatives.

(ii) Intensifying the exchange of technologies and equipment with the direct involvement of industrial manufacturers and engineering companies.

(iii) Developing joint educational programs and academic exchanges for training qualified personnel.

(iv) Strengthening institutional project support through guarantee mechanisms and financial instruments.

(v) Implementing unified environmental standards and sustainable development practices.

Within the framework of the changing global economic architecture, Russian enterprises are highly prioritizing investments in Africa, demonstrating readiness to invest, particularly in energy, industrial technology, and infrastructure; and compete with global players.

Undoubtedly, Africa is fast becoming one of the most significant centers of power, attracting external players. One lingering question is how promptly the recommended measures designed would address historical investment gaps and ensure that agreements reached at the ‘Russia-Africa Expo-2025’ would lead to tangible outcomes.

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Africa Takes Centre Stage as Addis Ababa Hosts the World Public Summit

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Addis Ababa World Public Summit

By Kestér Kenn Klomegâh

For the first time in its history, the World Public Summit will be held on the African continent. On 29–30 July 2026, Addis Ababa, the capital of Ethiopia, will host the World Public Summit. Africa — “A New World: Africa in Shaping a Shared Future.”

The Summit is organised by the World Peoples Assembly in cooperation with African partner organisations. It will bring together leaders of public diplomacy, representatives of international intergovernmental and non-governmental organisations, academics, experts, representatives of the education and cultural sectors, youth leaders, socially responsible businesses, media professionals, and civil society institutions from across Africa and other regions of the world.

The World Public Summit. Africa continues the work initiated during the First World Public Assembly “A New World of Conscious Unity,” held in Moscow in September 2025, and serves as one of the key milestones in preparation for the Second World Public Assembly “A New World: Values That Unite,” which will take place in Moscow on 18–19 September 2026.

Today, Africa is emerging as one of the principal centres of global development. Rapid demographic growth, expanding entrepreneurship, strengthening regional integration, rich cultural heritage, and the growing role of civil society institutions make the continent an increasingly important contributor to the future architecture of international cooperation.

The Summit will focus on issues of genuine sovereignty and sustainable development, public diplomacy, preservation of cultural and historical heritage, international cooperation in education and science, youth engagement, innovation-driven development, creative industries, and the formation of new partnerships among countries and peoples.

The main business programme of the Summit will take place on 30 July 2026 at the headquarters of the United Nations Economic Commission for Africa (UNECA) in Addis Ababa. Holding the Summit at UNECA highlights its pan-African dimension and creates opportunities for broad international dialogue on humanitarian cooperation and public diplomacy.

The programme will include plenary sessions, strategic dialogues, and expert panels dedicated to values-based development, education, culture, youth leadership, innovation, and international cooperation.

Participation has already been confirmed by Professor Saidou Madougou, Director of the Department of Education, Science, Technology and Innovation of the African Union; Rita Bissoonauth, Director of the UNESCO Liaison Office to the African Union and UNECA in Addis Ababa; Zuzana Schwidrowski, Director of the Macroeconomics, Finance and Governance Division of UNECA, as well as ministers, leaders of public organisations, and representatives of the business community from a number of African countries.

On the same day, the ADWA Victory Memorial Museum—Ethiopia’s national memorial complex dedicated to the Victory of Adwa and an important centre for preserving the historical memory of the Ethiopian people—will host the award ceremony of the regional stage of the V International Competition “Leader of Public Diplomacy”, followed by a large-scale cultural programme.

One of the key outcomes of the Summit will be the adoption of the African Communiqué, reflecting proposals and recommendations aimed at strengthening humanitarian, educational, cultural, and public cooperation between African countries and other regions of the world.

The outcomes, initiatives, and recommendations were developed during the World Public Summit. Africa will be presented at the Second World Public Assembly “A New World: Values That Unite”, to be held in Moscow on 18–19 September 2026.

According to Andrey Belyaninov, General Secretary of the World Peoples Assembly, “the Addis Ababa Summit is an important step toward building a new world founded on mutual respect, cultural diversity, dialogue and sustainable development.”

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UK Set for Seventh Prime Minister in 10 Years as Keir Starmer Resigns

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Keir Starmer

By Adedapo Adesanya

The United Kingdom will get its seventh Prime Minister in 10 years as Mr Keir Starmer announced his resignation on Monday.

The Minister said he is stepping down as leader of the governing Labour Party and will leave office within weeks, scarcely two years after being elected in a landslide.

Mr Starmer says he will remain caretaker prime minister until a new Labour leader is chosen by the party.

Mr Starmer made the announcement after facing growing pressure to hand over to a new leader who can try to revive the government’s flagging fortunes.

He led Labour to a landslide election victory in July 2024, but since then, his popularity and that of the party have plummeted.

His departure was triggered by the victory of Mr Andy Burnham in a special election last week. The popular ex-mayor of Greater Manchester planned to challenge the existing PM for the Labour leadership.

Mr Starmer made the announcement outside the prime minister’s 10 Downing St. residence with a brief statement on Monday.

“The question my party is asking now is whether I am best placed to lead us into the next general election,” Mr Starmer said. “I have heard the answer of my parliamentary party to that question, and I accept that answer with good grace.

Mr Starmer is the sixth prime minister in a decade to stand outside 10 Downing Street and announce a premature departure.

It comes the day before Britain marks the 10th anniversary of its vote to leave the European Union, a decision that still affects the country’s economy and politics.

Over the past decade, 10 Downing Street has had six occupants, including Mr David Cameron, who left office in 2016 after the Brexit referendum and was succeeded by Ms Theresa May. She was followed by Mr Boris Johnson, whose tenure covered Brexit and the COVID-19 pandemic. After Mr Johnson came Ms Liz Truss, whose 49-day premiership was the shortest in British history. Mr Rishi Sunak then took office before being succeeded by Mr Starmer, the outgoing occupant of Number 10.

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AXIAN Energy Secures $60m for Expansion Across Africa

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axian energy

By Aduragbemi Omiyale

A financing facility of up to $60 million has been secured by AXIAN Energy, the energy division of the AXIAN Group.

The funding package was provided by MCB, one of the leading financial institutions in the Indian Ocean region.

It comprises a $40 million revolving credit facility with a three-year tenor and extension option, and $20 million in unfunded instruments, providing AXIAN Energy with enhanced financial flexibility, enabling the company to rapidly mobilise resources and seize development opportunities across its target markets.

The energy firm is expected to use the capital to deliver large-scale energy infrastructure projects across Africa.

Over the past two years, AXIAN Energy has significantly accelerated its growth by expanding its renewable energy project pipeline, with solar projects currently under development in Senegal, Benin, Zambia, Côte d’Ivoire, Madagascar, and Burkina Faso.

Building on this momentum, AXIAN Energy now operates a portfolio comprising 350 MW of installed renewable energy capacity, supported by 77 MWh of energy storage capacity, positioning the AXIAN Group as a major contributor to Africa’s energy transition.

The chief executive of AXIAN Energy, Mr Benjamin Memmi, said, “This transaction marks a key milestone in AXIAN Energy’s growth trajectory. It provides us with the financial capacity to sustain the momentum we have built over the past two years, further strengthening our renewable energy portfolio and expanding our presence across new African markets.”

Also commenting, the Global Head of Structured Finance at MCB, Mr Mathieu Delteil, said, “We are proud to support AXIAN Energy in structuring this facility, reaffirming our commitment to enabling transformative projects across Africa.

“By leveraging our sector expertise and deep understanding of regional markets, we have delivered a tailored financing solution that aligns with AXIAN’s long-term renewable energy ambitions.

“This partnership highlights our role as a strategic financial partner, mobilising capital towards investments that drive sustainable growth and accelerate the energy transition across the continent.”

The financing agreement between the two organisations strengthens their long-standing relationship because it is driven by a shared commitment to supporting infrastructure development and economic growth across Africa.

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