World
Are China and Russia Giant Competitors in Africa?
By Kestér Kenn Klomegâh
Russia has to acknowledge the difference between illusions and realities in the geopolitical games. It has to recognize and thoroughly analyse and manage the current economic rivalry and competition among foreign players across Africa. It has, over these several years, been taking steps to uplift or broaden economic cooperation inside Africa.
In late June, Interfax News Agency reported, sourcing Roscosmos Head Yury Borisov, that Russia would sign a full-scale space cooperation agreement with Africa during the July summit. “We are touring African states ahead of this forum (Russia-Africa) and have agreed with the colleague from the Egyptian agency to draft a full-scale agreement on a broad range of possible relations in the space industry,” the press service quoted Borisov as saying.
In another related development, Russian giant Gazprom has shown a preparedness to help African countries develop gas production. It indicated this interest several years ago; Gazprom officials have visited several African countries in connection with this energy sector. It has signed an agreement referred to as NiGaz with the Federal Republic of Nigeria. The title of the project offered absolutely nothing, no gas production until today in this West African country.
Research shows that Nigaz was established in 2009 as a joint venture between the Russian gas company Gazprom EP International B.V. (100% affiliate of OAO Gazprom) and the Nigerian National Petroleum Corporation. It planned to invest $2.5 billion to build oil and gas refineries, pipelines and gas power stations in Nigeria. Launching the company, Dmitry Medvedev, then president, announced his intention to form a major energy partnership with Nigeria at a meeting in Abuja with Nigerian president Umaru Yar’Adua.
Gazprom is prepared to help develop natural gas production and use in African countries, the Russian gas giant said at an international roundtable in Johannesburg on the benefits of gas for consumers and the economy. The roundtable was attended by representatives of business communities, experts and reporters from nine African countries, including Algeria, Angola, Ghana, Egypt, Kenya, Mozambique, Nigeria, Tanzania and South Africa.
“Taking into account the South African government’s policy to decarbonize the economy, gas could become an effective means of meeting demand for energy since renewable energy sources cannot ensure uninterrupted supplies. In this regard, I believe that Gazprom’s experience implementing liquefied natural gas and gas pipeline construction projects could be of interest to South African partners,” Russian Ambassador Ilya Rogachev was quoted as saying in the press release.
“Greater use of natural gas will help Africa solve a whole range of problems, from economic to social and environmental. We believe that Africa should fully discover the advantages of this fuel for itself,” the head of Gazprom’s foreign economic activities department, Dmitry Khandoga, said.
“We see potential in cooperation with African countries and can offer our unique experience and technological know-how. Gazprom is open to discussing constructive and mutually beneficial proposals that would facilitate economic development and improve the lives of people in African countries,” Khandoga said.
The chairman of the African Energy Chamber, NJ Ayuk, said more than 600 million people in Sub-Saharan Africa do not have electricity, and 900 million people, most of them women, do not have access to clean cooking technologies. Either they do not exist, or they are insufficient, and solving this problem alone is sufficient reason to use the continent’s rich gas reserves, he said.
In Africa, which needs industrialization, affordable and abundant natural gas will help create many new jobs and opportunities for capacity building, economic diversification and growth, Ayuk said.
The participants discussed the role of natural gas in Africa’s sustainable development. It was noted that the availability of energy remains a problem in most countries on the continent, and its consumption is several times lower than the global average.
Meanwhile, experts estimate that Africa will account for more than 60% of global population growth by 2050. Along with urbanization in the region, there is expected to be substantial economic growth, which will be accompanied by a twofold increase in energy consumption. Demand for natural gas is expected to grow by 150%.
Increasing natural gas production will help meet the growing energy demand, roundtable participants said. “However, at present most of the gas extracted here is exported. For example, one in three residents of Nigeria, Africa’s largest LNG exporter, does not have access to energy. Therefore, it is the accessibility of energy for industry and households that will be of foremost importance for Africa’s dynamic development,” Gazprom said.
With the help of China, a number of African countries, through bilateral agreements, now have the capacity to assemble, integrate and test satellites. This will enable them to position themselves as the continent’s space industry powerhouse. Quiet recently, Egypt took delivery of two China-funded prototypes for the MisrSat-2 satellite project on June 25.
The satellites will be assembled and tested at a centre, also financed by China, at the Egyptian Space Agency near the country’s new capital city. China provided a $74 million grant for the project, as well as $68 million for the satellite assembly, integration, and test centre to be built.
Over the past three months, engineers from Egypt and the China Aerospace Science and Technology Corporation have been conducting tests on three MisrSat-2 satellite models – two prototypes and a flight model.
Chinese ambassador to Egypt, Liao Liqiang, said Egypt would be the first African nation that could assemble, integrate and test satellites. “Egypt is the first country to which China handed over the satellite cooperation project outside China, and the first country with which China cooperated to complete the large-scale trial operation of the satellite outside China,” Liao said at the ceremony to present the grant to the Egyptian government.
Media reports further said that Beijing was keen to work with Egypt to advance cooperation in space and to continue deepening the comprehensive strategic partnership between the two nations. The satellite is expected to be launched from China in October.
Nigerian space scientist Temidayo Oniosun said China had taken a prominent role in partnering with African institutions to develop their space programmes. He said that in addition to Egypt, China had bilateral agreements with 13 other African countries covering space technology, training and ground infrastructure.
“Like other countries such as Russia, the United States and Europe, China is always exploring new business opportunities on the continent,” Oniosun said, adding that the African space industry was growing – generating about $20 billion in annual revenue – and everyone wanted a slice of it. “It is also a critical tool for international diplomacy, and this defines China’s long-term plan on the continent,” he said.
“Competition among key African states ‘racing’ to become leaders in this sector, and competition among external players – especially China and France – to secure contracts in Africa,” noted President Abdel-Fattah el-Sisi. In fact, Egypt is strategically placed to be a centre for satellite assembly since it has access to Europe and Africa. It is also bordered by the Mediterranean Sea to the north and the Red Sea to the East.
China had 28 space agreements with African nations – the most of any country – spanning everything from earth observation and capacity development to satellite navigation, communication and astronomy. It boosts cooperation on space technology, promotes Africa’s space infrastructure development, and uses the space industry to drive social development and improve people’s living standards.
Last year the South African Institute of International Affairs, a reputable policy think tank, said in its report that “Russia looks more like a ‘virtual great power’ than a genuine challenger to European, American and Chinese influence.”
It also highlighted the fact that Russia is using Africa as a geopolitical playing field, soliciting support for invading neighbouring Ukraine, and warned African leaders that Russia might not, in practical terms, deliver on its pledges and implement promptly bilateral agreements.
Professors Irina O. Abramova and Leonid L. Fituni, both from the Institute for African Studies under the Russian Academy of Sciences, in a report last year, reminded the authorities, who are squeezed between illusions and realities, about their policy ambitions in Africa. And that high-ranking Russian officials need to change their approach towards Africa.
The fact that African countries consider Russia a reliable economic partner, and it is necessary to interact with African public and private businesses on a mutually beneficial basis. In this regard, Russian initiatives should be supported by real steps and not be limited to verbal declarations about the “return of Russia to Africa,” especially after the Sochi gathering, which was described as very symbolic, they wrote in the report.
The first symbolic first summit at the Black Sea city of Sochi, indeed, fêted heads of state from 43 African countries and showcased Moscow’s great power ambitions. At the tail-end of it, both Russia and Africa adopted a joint declaration, a comprehensive document that outlines the key objectives and necessary tasks to raise assertively the entire relations to a new qualitative level. Several agreements were also signed with African countries. And yet Russian officials are desirously looking to sign more new agreements during the next summit.
And, of course, this late July, African leaders and corporate businesses will be heading to St. Petersburg, the second largest city in Russia, primarily to discuss ways to end the Russia-Ukraine crisis and its related adverse impact on Africa’s economy and across the world. Secondly, they will be looking strategically to negotiate for “no-cost delivery” of grains and wheat and, most possibly, access to advanced technology and investment in the economic sectors. Third, close-ups of the two-day gathering with memorable group photographs.
What do potential external players need? What does Africa Want from foreign countries? Beyond signing bilateral agreements, what next? With the emerging challenges and geopolitical changes in this evolving multipolar world, it is certainly true that Russia has to take practical steps towards interconnecting, to build better multi-dimensional relationships with Africa.
In the 21st century, Africa does not need anti-Western rhetoric. It has to address sustainable development goals, especially rising youth unemployment, food security, energy deficits, and improved infrastructure. Simply anti-Western slogans will never facilitate its economic development. The best way to fight ‘neo-colonialism’ is to invest in competitive sectors where the United States and Europe are showing similar interests.
On a broader scale, the African Union (AU), an organization which unites sovereign states across Africa, also needs to adopt a new policy strategy with Russia. In reality, and taking cognizance of the huge untapped natural resources, and combined with the available human capital, Africa’s sectors are presently crying for drastic economic transformation to take care of the increasing demands of the estimated 1.4 billion population.
World
SCRYPT Expands Stablecoin Settlement Infrastructure to East Africa
By Aduragbemi Omiyale
Accessing the US Dollar in the East Africa region has now been made easier with the expansion of the stablecoin settlement infrastructure of SCRYPT.
This development enables banks, payment providers and corporate treasury teams to move value into and out of the continent in real time.
Businesses paying international suppliers frequently have to convert local currency into USD before purchasing stablecoins for settlement, incurring FX conversions and spreads before any payment is made.
But SCRYPT is eliminating this intermediate conversion by enabling direct settlement corridors for local African currencies into stablecoins.
This development allows businesses to move from local currency to stablecoin settlement in a single licensed transaction, without first sourcing rationed bank dollars, as stablecoins are increasingly becoming settlement infrastructure rather than an investment product.
The expansion adds settlement support across four African currencies: the Kenyan shilling (KES), Tanzanian shilling (TZS), Rwandan franc (RWF) and Ugandan shilling (UGX). Each corridor is delivered through the same full-stack infrastructure our clients already use for trading, custody and treasury operations.
Speaking on this, the chief executive of SCRYPT, Norman Wooding, said, “Across Africa, stablecoin adoption is driven by economic need, not speculation.
“Businesses here are not chasing yield; they are trying to pay suppliers and manage treasury without losing margin to a banking system that rations dollars. Licensed, fair-rate dollar access is the clearest proof of what this infrastructure is for.”
Also commenting, the Managing Director of Markets & Trading at SCRYPT, Mr Gabriel Titopoulos, said, “Until now, reaching stablecoins from local African currencies meant buying scarce dollars and incurring several layers of conversion costs.
“SCRYPT removes this friction. Firms and payment providers can now settle straight from local currencies through live corridors, with local partners.”
World
African Graduates Association Promoting Multifaceted Initiatives With Russian Educational Institutions
By Kestér Kenn Klomegâh
In preparations for the third Russia-Africa Summit, scheduled for late October 2026, Dr Francois Ngan, deputy chairman of the Union of Associations of African Graduates of Soviet and Russian Universities, during an official working visit, has held a consultative meeting with Professor Vladimir Filippov, the President of the Russian University of Peoples’ Friendship (RUDN), and former Minister of Higher Education of Russia, Chairman of the National Commission for Accreditation of Higher Education.
RUDN is an educational institution established in 1960, primarily to provide higher education to Third World students. It has now become a popular multidisciplinary spot for many students, especially from developing countries. The university offers various academic programmes and has research infrastructure that comprises laboratories and interdisciplinary centres. The university is named after the former Congolese leader, Patrice Lumumba.
Dr Francois Ngan and Professor Filippov discussed the importance of the Graduates Association as a continental platform dedicated to strengthening unity, cooperation, and promoting shared progress among African graduates who studied in the former Soviet Union and in the Russian Federation. They also reviewed multifaceted initiatives that could bring together alumni associations from across Africa, whose members obtained education and professional training, and cultural experiences in Soviet and Russian institutions of higher learning.
Professor Filippov expressed optimism in addressing emerging challenges as a result of shifting geopolitical changes, emphasised strategic cooperation in the educational sphere with Africa, in general, and with the Republic of Cameroon, in particular, and further about the integration of African students during their studies in the Russian Federation.
The meeting also touched on academic and scientific work, the possibility of rewriting a scientific thesis, and the official organisation of transferring versions translated into six languages for the library of RUDN. Significant questions relating to Russia’s educational opportunities, collaborations and partnerships involving African countries were thoroughly discussed.
The Union of Associations of African Graduates of Soviet and Russian Universities was created under one continental umbrella to promote friendship, for professional networking, to engage in cultural exchange, and with particular emphasis on forging strategic cooperation between Africa and Russia.
World
Russia to Support Industrial Growth, Technological Advancement and Supply Chain Resilience across Africa
By Kestér Kenn Klomegâh
With the heightening of geopolitical rivalry and competition, a new Russia-Africa working group has emerged as a significant institutional mechanism and plans to focus on facilitating and monitoring strategic investments, industrialisation, and infrastructural development—the Strategic Action Plan 2023-2026—that was outlined during the second Russia-Africa summit, in St.Petersburg, the second largest city in the Russian Federation.
While substantial progress has, largely, lagged on the multidimensional economic front with Africa primarily due to its internal difficulties and the complexity of relations with its former Soviet neighbours, Russian officials believe there still remains huge untapped potential in strengthening bilateral cooperation. As planned, President Vladimir Putin has already signed an executive order that directs Moscow to host the forthcoming third Russia-Africa summit in October 2026.
On June 30, a regular meeting of the Business Council on Africa was held under the chairmanship of the head of the Russian Foreign Ministry. It was dedicated to issues of trade, economic and investment cooperation with Africa. The group discussed the current state and prospects for the implementation of policy initiatives with an emphasis on assisting the countries of the continent, strengthening their economic, energy, technological and food sovereignty, as well as training specialists for Africa.
Foreign Minister Sergey Lavrov has reiterated that Russia-Africa relations primarily depend on an understanding of the importance of collective action based on the principles of equality, mutual respect and resolving common tasks. In the past few years, Russia-Africa cooperation has been noticeably strengthening. “We are deepening political dialogues, developing bilateral contacts with African countries, promoting cordial cooperation between ministries and departments, and expanding humanitarian exchanges. We are also continuing the structural diversification of trade partnerships and economic dimensions.”
“Next on the agenda is the launch of diplomatic missions in The Gambia, Liberia, Togo, and the Union of the Comoros,” Lavrov said at a meeting of the Business Council under the Russian foreign minister. Lavrov noted that Russian embassies began operating in three other African countries in 2025: Niger, Sierra Leone, and South Sudan. A new Department for Partnership with Africa was also established. According to the top diplomat, “expanding Russia’s diplomatic presence on the continent contributes to developing relations.”
There are already 45 Russian embassies operating in Africa. The Russian foreign minister noted that Moscow is quickly rebuilding its presence in African countries, which sharply declined during the collapse of the Soviet Union. “There will be literally four or five countries left where we still need to establish full-fledged embassies, and then, we will have 100 per cent coverage of the entire African continent with our diplomatic presence,” Lavrov emphasised.
After the first summit in October 2019, the Foreign Ministry also created the Secretariat of the Russia-Africa Partnership Forum. Its main tasks include controlling the roadmap to Africa’s multidimensional cooperation and guiding potential Russian investors to the continent. This also underscored the priority and post-Soviet solidarity Russia currently attaches to its policy towards Africa, within the growing framework of the emerging new architecture of multipolarity in the Global South.
In an interview in June 2026, the director of the Department of Partnership with Africa at the Foreign Ministry, Tatyana Dovgalenko, shared a few insights in the lead-up to the third summit. Furthermore, Dovgalenko explained that Russia would move away from security to concentrate more on economic issues, especially to team up with African colleagues to streamline mechanisms for implementing projects that will ensure food security and agriculture, and help Africa in installing processing facilities to support its self-sufficiency. She also emphasised energy and vital infrastructures, and the third direction was to simultaneously work more coherently with sub-regional organisations.
Over the past few years, bilateral relations have been increasing. There are positive dynamics in trade turnover, estimated at $30 billion. Steps are being taken to build payment systems, preferably in national currencies, while Russia looks to open four more diplomatic offices, bringing the total to 48 across Africa. Russia is currently training 37,000 African students, but only approximately 1/3 on state scholarships in Russia’s educational institutions. “We are ready to share valuable experiences of building a sovereign development model with African partners to achieve self-reliant economic growth based on their own resources and capabilities. Russia aims at creating processing capabilities and localising production, and provides access to advanced technological solutions,” underlined Dovgalenko in her interview with New Eastern Outlook.
For African countries that have endured difficult decades on the path to political independence, it is now important to take full control over the untapped resources, direct income and revenue toward stimulating the national economic sector, rather than paying for the well-being of the Western “golden billion” during this changing geopolitical era, according to Dovgalenko.
According to reports, the forthcoming Russia-Africa summit will have an economic agenda, including the digital economy, technology, artificial intelligence, healthcare, investment, and settlements in global trade. Of course, the agenda will also cover Africa’s political aspects. But if African friends bring along any specific ideas, Russia will give them serious attention. In addition, with continuity and consistency, pay increased attention to expanding ties with Africa’s regional integration associations.
Going forward, the focus will be on translating strong trade relations into deeper investment partnerships, fostering technology collaboration, strengthening industrial linkages and contributing towards the shared objectives set by the leadership of both African countries and Russia. At the third summit, the above-mentioned specific initiatives will be further designed. In this regard, the key document, the new action plan for the next three-year period (2027-2029), is intended to reflect dynamic realities in the future relations of Russia and Africa


