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Algerian President to Meet Putin for Strategic Partnership

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Algerian President Abdelmadjid Tebboune

By Kestér Kenn Klomegâh

Algerian President Abdelmadjid Tebboune would head an extensive ministerial delegation to visit Russia from June 14 through 16 to forge the strategic partnership between the two countries, the Le Jeune Independent news portal reported at the weekend.

The report indicated that the president’s delegation expected to attend the St. Petersburg International Economic Forum (SPIEF). The forum will take place on 14–17 June 2023 at the ExpoForum Convention and Exhibition Centre in St. Petersburg, the second-largest city in the Russian Federation.

Talks with Russian President Vladimir Putin are scheduled during the visit. The portal said the two presidents might touch upon the strategic partnership and international issues, including the Middle East, the Sahel region, and energy cooperation within the OPEC+.

Algeria has been looking forward to expanding commercial and economic cooperation with Russia. It also intends to engage Russian investors in joint infrastructure projects. Russia has been strengthening cooperation in education and culture since the Soviet collapse in 1991.

Most of Algeria’s weapons are imported from Russia, with whom they are close allies. For instance, in 2007, the Algerian Air Force signed a deal with Russia to purchase 49 MiG-29SMT and 6 MiG-29UBT at an estimated cost of $1.9 billion. Russia is also building two 636-type diesel submarines for Algeria.

Russia plans to sign new agreements within the framework of the Joint Military-TechnicalCooperation after talks with Putin in the Kremlin this mid-June 2023. Besides importing military weapons and equipment, Russia has little investment in its economic sectors.

The state dominates the economy, a legacy of the country’s socialist post-independence development model. In recent years, the Algerian government has halted the privatization of state-owned industries and imposed restrictions on imports and foreign involvement in its economy.

These restrictions are just starting to be lifted recently, although questions about Algeria’s slowly-diversifying economy remain. Like many African countries, Algeria favours foreign investment, but its political situation restricts and drives away potential Western businesses. The country has experienced a wave of economic protests and demonstrations over the previous years.

Advisor to the President of the Russian Federation, Anton Kobyakov and Ambassador Extraordinary and Plenipotentiary of Algeria to Russia, Smail Benamara, have acknowledged substantive achievements and progress in the bilateral cooperation of the two countries.

Kobyakov emphasized the noticeable strengthening of multifaceted strategic cooperation between the countries: “Last year marked the 60th anniversary of the establishment of diplomatic relations between our countries, and we can say with all certainty that the bonds of friendship and cooperation between our countries and peoples have stood the test of time. I am sure that the Algerian delegation’s upcoming participation in SPIEF will facilitate further all-encompassing Russian-Algerian cooperation.”

One important task involves increasing and diversifying trade between the countries. Algeria has been one of Russia’s most important trading partners in Africa for many years now. As of the end of 2022, Algeria ranked third in terms of trade turnover among Russia’s African partners, though great potential still remains for further commercial and economic interaction.

“Algeria has proven itself a reliable partner for Russia. It means a lot to us that our Russian partners also attach such importance to our delegation’s attendance at the Forum and would like to develop relations between Russia and Algeria further. We will do everything we can to accelerate mutually beneficial projects,” Benamara said at the meeting with the Presidential Advisor.

Considered part of the Maghreb region and along with the Mediterranean Sea, Algeria has an estimated population of 44 million. It has large untapped quantities of hydrocarbons. Algeria has the 10th largest reserves of natural gas in the world and the sixth largest gas exporter and since 1969 a member of the Organisation of the Petroleum Exporting Countries.

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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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