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Angola Mulls Manufacturing Russian Military Equipment

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By Kester Kenn Klomegah

As it was, indeed, looking for profitable business, investment and trade rather than development aid, Angola, a south-central African republic, announced corporate plans to diversify its state business away from purchasing to fully-fledged manufacturing of Russian military equipment for the southern African market, and most possible other regions in Africa.

While heading a delegation for a four-day visit from April 2-5 on an invitation from the Kremlin, President João Lourenço, said in an exclusive interview with the local Russian media, Itar-TASS, that Angola is one of the principal buyers of Russian arms and his country wants, not only buy but also to produce them, – outlining the government’s grandiose plan.

“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.

Although this was the Angolan leader’s first official visit to Russia in this capacity, he has first-hand knowledge about the Russian capital, since he studied at the Military-Political Academy in 1978-1982.

Russian Defense Ministry and Rosoboronexport have made no official comment on the alleged deals, but local Russian financial newspaper Vedomosti said, in essence, such highly military deal with Angola could offer Russia a conduit to the southern region and would cement its position as a controlling super power in the weaponry market.

Over the years, Russia has made “military-technical cooperation” as an important part of its foreign policy objectives with Africa. According to Angola’s Defense Minister Salviano de Jesus Sequeira, Russia has already delivered six SU-30K fighter jets to Angola this year and two more are expected by the end of May.

Besides, Sequeira said the country is interested in buying Russian S-400 air-defense systems, but there is no talks because of economic difficulties, and only adding that “Angolan armed forces are used to work with Russian weapons” because of that the military cooperation between the two countries will last forever.

According to Ministry of Defense website report, Russia agreed to supply arms and military equipment to Angola worth US$2.5 billion, including spare parts for the Soviet-made weaponry, light weapons, ammunition, tanks, artillery and multi-purpose helicopters.

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 “defense remains the most solid Russia-Angolan cooperation dimension. To date, Russia is Angola’s most strategic military partner.”

Ana Christina Alves, a Senior Researcher at the Global Powers and Africa Programme, South African Institute of International Affairs (SAIIA), explained further to me that “the military equipment is, undoubtedly, the largest and most profitable side of Russia’s trade with Africa – which the figures unfortunately don’t feature in official bilateral trade data. If these were included, the bilateral trade volume would appear much more impressive. This is, perhaps, the strongest dimension of Russia’s dealings in Africa at present, but because of the nature of the business very little is known outside military circles, so hard to get the actual picture.”

“Of course, it is better and cheaper to have such armaments assembled in Angola than purchasing ready-made ones directly from Russia. It will enable technology transfer and improve the technical knowledge and experience of Angolans while possibly turning that country into a getaway for Russian arms and military equipment to the wider central and southern African region,” Professor Shaabani Nzori, Expert on foreign policy based in Moscow, told me in the interview discussion.

It would help Russia gain fully-fledged foothold in that market for its military industry, one of the few comparative advantages that Russia currently has over other arms’ producing countries. So, it is a win-win situation for both these two countries, he added assertively.

On the other hand, concerning trafficking and proliferation of Russian arms in Africa as a result of such cooperation between Russia and Angola, even without them at the moment, Russian, American, Chinese, European, North Korean, Iranian, Israeli arms are already in abundance in continent. But it’s expected that the Russian-Angolan deal helps to mitigate, if not exclude altogether, such a development,” Shaabani further informed.

Military-technical cooperation has long been a priority area in bilateral ties, with the Soviet Union beginning to supply weapons for guerilla units back in the 1960s, Andrei Tokarev, Head of the Center for Southern African Studies at the Russian Academy of Sciences, told Kommersant, a local Russian financial daily newspaper.

“However, with the fall of the apartheid regime in neighboring South Africa in 1994 and the end of the civil war in 2002, Angola has no potential enemies, so the need for arms supplies has dwindled. 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 as an attempt to outmaneuver South Africa, but the local industry is not yet ready to manufacture its own military equipment,” explained Andrei Tokarev.

Foreign experts have also expressed their concern. Professor Alex Vines, Head of the Africa Programme at Chatham House, and recently served as a member of the Commonwealth Observer Group to Ghana in 2016 and a UN election officer in Mozambique and Angola, in an emailed discussion acknowledged Russia’s military-technical cooperation with African countries.

He wrote from London that “the Angolan military partnership with Russia has been tight for many years and a significant part of the procurement through its Simportex is with Russia. This continues as Russia delivered six SU-30K fighter jets this year and is interested in procuring a Russian S-400 air defense system. The new development is seeking a partnership with Russia for manufacturing defense equipment in Angola. Russia has a series of maintenance facilities in Africa for after sales – but this would be a significant development.”

Furthermore, he said assertively that his own experience of Angola, including being a UN sanctions inspector, “is that Angolan arsenals have not been a major problem for theft, but the biggest concern was the sale of old weapons and munitions from stores to independent brokers who then sold the equipment onto sanctioned entities.”

Professor David Shinn at the Elliott School of International Affairs, George Washington University, and a former U.S. Ambassador to Ethiopia (1996-99) and Burkina Faso (1987-90), wrote in an email interview that with the latest development, particularly, SU-30K aircraft purchased by Angola, one has to ask why Angola needs such a high performance fighter aircraft and who is the potential enemy?

Undoubtedly, Russia might have proposed to help Angola develop a weapon’s manufacturing capacity, obviously drawing on Russian designs and weapons. If this assumption is correct, it therefore means that Angola will join a growing list of countries in Africa that have their own internal weapons manufacturing.

In this regard, Shinn added that South Africa has the most advanced capacity to produce 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 proposed to do (that is to establish manufacturing plant) is not much different except that it would, reportedly, be assisted by the Russian Federation.

“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. In some cases, African governments have transferred the arms to rebel groups and many others have been purchased on the international arms market,” he said.

According to Professor Shinn, the SADC countries, with the notable exception of the Democratic Republic of the Congo, have avoided major conflict in recent years. As a result, the movement of arms to rebel groups has not been an issue.

Professor Shinn concluded: “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 SADC region. One would hope this initiative must necessarily be approved by the Angolan parliament, and be of great interest for SADC, the African Union and Security Council of the United Nations.”

Kester Kenn Klomegah writes frequently about Russia, Africa and the BRICS.

Modupe Gbadeyanka is a fast-rising journalist with Business Post Nigeria. Her passion for journalism is amazing. She is willing to learn more with a view to becoming one of the best pen-pushers in Nigeria. Her role models are the duo of CNN's Richard Quest and Christiane Amanpour.

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World

Comviva Wins at IBSi Global FinTech Innovation Award

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Rajesh Chandiramani

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.

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World

Russia Renews Africa’s Strategic Action Plan

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Russia 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.

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World

TikTok Signs Deal to Avoid US Ban

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Forex Advice on TikTok

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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