World
Angola Hopes for Russia’s Support in Manufacturing Military Equipment
By Kestér Kenn Klomegâh
Russia has made military-technical cooperation its key component in relations with Africa, and African leaders with high enthusiasm express readiness to pay for deliveries. Some African leaders have bartered for such deliveries by granting complete access to lucrative natural resources. Reports indicate that Russia has signed military-technical agreements with over 20 African countries.
Angola stands distinctively out of the 20 African countries. President João Lourenço went on an official working visit in April 2019 and held talks with President Vladimir Putin.
“Angola is a reliable and old partner. We need to consider what we need to do, without delay, to stimulate our trade and economic ties. There are interesting fields of activity, such as the diamond industry, fisheries and space exploration. There are also cultural spheres, such as education and the training of personnel,” Putin told the Angolan President.
On his part, the Angolan leader João Lourenço said: “We have come to Russia on an official visit to strengthen our ties and cooperation and, if possible, to promote interaction between our countries. Russia is doing splendidly in the spheres of mineral resources, education, healthcare and defence. But we would like to know about Russia’s potential in other fields so we can promote cooperation in these areas of the Angolan economy.”
Before their final departure from the Kremlin, João Lourenço presented Vladimir Putin with a high Angolan award – the Order of Agostinho Neto, the first President of Angola – as a sign of gratitude for several years of support for the Republic of Angola.
Agostinho Neto Order is the highest distinction of the Angolan State with a single degree granted to nationals and foreigners, in particular Heads of State and Government, political leaders and other heavyweight individuals.
President Lourenço spent his four days attending several meetings. There were discussions relating to many aspects of cooperation. But then, President Lourenço expressed, along the line, corporate plans to diversify its state business away from purchasing to full-fledged manufacturing of Russian military equipment for the southern African market and possibly other regions in Africa.
Earlier before meeting with President Putin, President João Lourenço revealed his plan about manufacturing of Russian weapons in an exclusive interview to the Russian news agency Itar-TASS during that visit from April 2-5, 2019. He said that Angola is one of the principal buyers of Russian arms and that his country wants not only to buy but also produce.
“As for our military and technical cooperation with Russia, it will continue and be deepened. We would like to evolve from our current state of purchasers of Russian military equipment and technologies towards becoming the manufacturers and having an assembly plant of Russian military equipment in our country,” he told the news agency.
In recent years, Angola’s leadership has had plans to turn the country into a base to repair Soviet equipment for African countries. For its part, South Africa had similar business ideas as well. One cannot rule out that the proposal to both purchase and produce (manufacture) weapons is an attempt to outmanoeuvre South Africa, but the local industry is not yet ready to manufacture its military equipment.
In a research report titled “Angola: Russia and Angola – the Rebirth of a Strategic Partnership” that was released by the South African Institute of International Affairs (SAIIA), the authors; Ana Christina Alves, Alexandra Arkhangelskaya and Vladimir Shubin acknowledged that “defence remains the most solid Russia-Angola cooperation dimension.
Angola’s decision to manufacture military equipment and ultimately distribute it throughout Southern Africa, however, sparked further discussions. Should Angola become a key producer and distributor of Russian arms, there is always the possibility some of them could eventually appear outside Angola in the 16-member Southern African Development Community (SADC) region, warned Professor David Shinn at the Elliott School of International Affairs, George Washington University.
“Weapons produced by any country can and do appear in African conflict zones. There is plenty of documentation, for example, that weapons made in China, Russia, and Western countries are being used in ongoing conflicts in Darfur, the eastern Congo, and Somalia,” said Professor Shinn, a former U.S. Ambassador to Ethiopia (1996-99) and Burkina Faso (1987-90).
In some cases, African governments have transferred the arms to rebel groups, and many others have been purchased on the international arms market, he added.
Professor Shinn added that South Africa has the most advanced capabilities in manufacturing military equipment, followed by Egypt. Sudan, which received assistance from China and Iran in building its arms industry, and Nigeria, among others, also have the ability to produce military equipment. In this sense, what Angola proposes to do (i.e. to establish a manufacturing plant) is not much different except that it would, reportedly, be assisted by the Russian Federation.
Nevertheless, Professor Shinn hopes that possible Angolan arms export initiatives would be subject to approval by the Angolan parliament and be of great interest to SADC, the African Union and the Security Council of the United Nations.
On February 29, 2019, the Security Council adopted a resolution that outlined steps leading towards the goal of ending the conflict in Africa through enhanced international cooperation and partnership as well as robust support for peace operations led by the African Union.
Unanimously adopting resolution 2457 (2019) at the outset of a day-long open debate, the Council welcomed the 54-nation African Union’s determination to rid the continent of conflict through its “Silencing the Guns in Africa” initiative, expressing its readiness to contribute to that goal.
The importance of this resolution is underlined by the fact that there are currently fifteen African countries involved in a war or are experiencing post-war conflict and tension. In West Africa, the countries include Cote d’Ivoire, Guinea, Liberia, Nigeria, Sierra Leone, and Togo. In East Africa, the countries include Eritrea, Ethiopia, Somalia, Sudan, and Uganda.
Angola has diamonds, oil, gold, copper and rich wildlife, forest and fossil fuels. Since independence, oil and diamonds have been the most important economic resource. It is a member of the Southern African Development Community (SADC), an inter-governmental organization that has made its goal to further socio-economic cooperation and integration as well as political and security cooperation among 16 Southern African States.
The Republic of Angola is a country in south-central Africa, the seventh largest by territorial size and bordered by Namibia to the south, the Democratic Republic of Congo to the north and Zambia to the east, and on the west, the South Atlantic Ocean.
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.
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.
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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