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Besides Mali, Russia Keenly Interest in Five-Nation Sahel Group

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Russia Mali P.Lorgerie - Deutsche Welle

By Kester Kenn Klomegah

Russia’s alleged involvement in the political change on August 18 in Mali, a former French colony with the fractured economy and breeding field for armed Islamic jihadist groups (some of which are reportedly aligned with Al Qaeda and ISIS), demonstrates the first drastic step towards penetrating into the G5 Sahel in West Africa. The G5 Sahel are Burkina Faso, Chad, Mali, Mauritania and Niger.

Despite this widely published allegation, Moscow officially said it was seriously concerned about the developments in Bamako and further urged “all Malian public and political forces to settle the situation peacefully at the negotiating table”.

Russian Foreign Ministry said on its website that on August 21, at the invitation of the leaders of the military group, who seized power in Mali, Russian Ambassador in Bamako Igor Gromyko met with the leader of the National Committee for the Salvation of the People, Colonel Assimi Goita, at the military base in the town of Katiа located not far from the capital.

The statement said: “At his own initiative, Assimi Goita informed the Russian Ambassador about the reasons that prompted the military to remove President Ibrahim Boubacar Keita and the Malian Government from power, as well as about the committee’s priority steps to restore order in the country and set up the operation of government bodies.

“The leaders of the National Committee for the Salvation of the People held similar meetings with the ambassadors of several other countries, including China and France.”

According to several reports, Ibrahim Keita was overthrown following mass protests against his rule over deep-rooted corruption, mismanagement of the economy and a dispute over legislative elections.

In addition to socio-economic problems, Mali is now facing the task of protecting its territorial integrity and combating the terrorist threat.

Internal unrest in the country has greatly undermined Malians’ ability to contribute to the collective efforts of the Sahara-Sahel countries, including the G5 Sahel group of Burkina Faso, Chad, Mali, Mauritania and Niger, which is focused on combating terrorism.

While updating the implications of the recent coup, in Mali on the entire G5 Sahel region, it is important to know more about the leaders of the coup, and the foreign countries and players who might have aided the army to topple the democratic and legitimate government of President Ibrahim Boubacar Keita. The Economist article of August 19, titled What next for Mali?, which is enclosed here:

The narratives are that the coup led by Malick Diaw and Sadio Camara, two army colonels who hold top positions at the Kati military base, are reportedly very close friends. The two colonels spent most of this year training in Russia before returning to Mali and to topple the government, which could imply that most probably they might have hatched and organized the coup whilst in Russia (read), and this implied that the Russians might have known about their political plans in Mali.

Many experts say Russia has its own distinctive style and approach, set out to battle against exploitation of resources, or better still what is often phrased “the scramble for resources” in Africa.

Besides dealing with the French, Russia is keenly interested in the uphill fight against “neo-colonial tendencies” exhibited by the US (read), EU (read), and Chinese (read) interests and influence in Africa.

As already showcased in Mali, experts told IDN that as Russia looks for “strategic allies” in the continent, so working to remove African leaders loyal to former colonial masters fits squarely into Russia’s renewed interest and strategy in Africa.

Research Professor Irina Filatova at the Higher School of Economics in Moscow explains to IDN that media reports have linked the developments to Russia, that however “people who are now in power will be friendlier with Russia than the previous government. The Russians are not seriously interested in democratic institutions, they are interested in people who are close to it.”

In the short term or better still in the long term, it is hard to be optimistic for Mali, among the fragile countries in the Sahel, especially the importance of seeking stability, building the infrastructure and improving the economy. The region is experiencing the spread of Islamic extremist insurgency and rapidly-eroding state legitimacy.

On the other hand, Mali’s challenges are almost the same throughout Africa: deep-seated corruption, heightened nepotism, ethnic violence and economic malaise. The African leaders lust for power in spite of bad governance. Civil society platforms have meanwhile called for deep reforms, especially on electoral laws and the administrative machinery in Mali.

Mali, home to nearly 20 million people, is a landlocked country located on rivers Senegal and Niger in West Africa. As a former French colony, it persistently faces serious development challenges primarily due to its landlocked position and it is the eighth-largest country in Africa.

Over the years, reform policies have had little impact on the living standards, majority highly impoverished in the country. As a developing country, it ranks at the bottom of the United Nations Development Index (2018 report).

Russia is broadening its geography of diplomacy covering poor African countries and especially fragile states that need Russia’s military assistance.

Niger, for example, has been on its radar. Russia, meanwhile, sees some potential there – as a possible gateway into the Sahel. In order to realize this, Russia has been working on the official visit for Mahamadou Issoufou who has been the President of Niger since April 2011. Before that, Issoufou was the Prime Minister of Niger from 1993 to 1994.

Last year, on September 19, when Niger’s Foreign Minister Kalla Ankourao paid a working visit to Moscow, Foreign Minister Sergey Lavrov pointed to two basic facts.

The first was “the Russian Federation looks forward to stepping up cooperation in all spheres, and international matters and crisis resolution on the African continent are also very much relevant for us.”

The second was that “the meeting has special significance since in the next two years Niger is a non-permanent member of the UN Security Council. Russia and Niger hope to work closely together within this important international body.”

Since Niger holds a non-permanent seat at the UN Security Council in 2020-2021, Sergey Lavrov and Kalla Ankourao have been focusing on in-depth discussions on matters relating to the fight against terrorism and extremism in the context of collective efforts to root out these threats, particularly within the G5 Sahel region in Africa.

As Russia pushes to strengthen its overall profile in the G5 Sahel region, in July 2019, Deputy Foreign Minister Mikhail Bogdanov held talks with the President of Burkina Faso, Christian Kaboré and further discussed military-technical cooperation with the Minister of National Defense and Veteran Affairs, Moumina Sheriff Sy. He also had business talks with Minister for Foreign Affairs and International Cooperation of Burkina Faso, Alpha Barry, and Vice-President of the National Assembly of Burkina Faso, K. Traore.

Last year in August, Bogdanov attended the inauguration of Mauritanian President Mohamed Ould Ghazouani. The President of Mauritania was elected on Jun 22, 2019. Both discussed ways for strengthening the existing relations. Moscow and Nouakchott look for additional dynamics to the development of mutually beneficial cooperation in various fields.

According to the official information posted to the ministry’s website, Bogdanov described his meetings “providing the impetus to explore opportunities for effective collaboration in the Sahel region.”

Vedomosti, a Russian daily Financial and Business newspaper, reported that Russia is interested in offering Mali and the Sahel countries military equipment. The Malian government and Russian state-owned arms trader Rosoboronexport could soon sign contracts on the delivery of Russian-made combat and transport helicopters, armoured personnel carriers, small arms and ammunition to the African country, the Vedomosti newspaper reported.

The Russian weapons requested by Mali’s government will be given to its soldiers in the north of the country, where the Malian Armed Forces, as well as soldiers from France and a number of African states, are fighting Islamist militants, a Rosoboronexport source told Vedomosti.

“The French side is highly unlikely to object to equipping the Malian Army with Russian-made weapons because these weapons are more familiar to the Malian Army, where some 7,000 people serve in the Land Forces and another 400 in the Air Force,” the source said. It also that the fight “against international terrorist groups, whose growing activity is seen in the Sahara Sahel region.”

Russian Foreign Ministry has explained in a statement released on its website, that Russia’s military-technical cooperation with African countries is primarily directed at settling regional conflicts and preventing the spread of terrorist threats and to fight the growing terrorism in the continent. Worth noting here that Russia, in its strategy on Africa is reported to be also looking into building military bases in the continent.

Over the past years, strengthening military-technical cooperation has been part of the foreign policy of the Russian Federation. Russia has signed bilateral military-technical cooperation agreement nearly with all African countries. Researchers say further that it plans to build military bases as this article explicitly reported, among others.

Edward Lozansky, President of the American University in Moscow and professor of World Politics at Moscow State University, told IDN in an email that “there has not been too much information about Russia’s activities in Africa, but the Western media is saturated with the scary stories about Russia’s efforts to bolster its presence in at least 13 countries across Africa by building relations with existing rulers, striking military deals, and grooming a new generation of leaders and undercover agents.”

Further to the narratives, Russia has now embarked on fighting “neo-colonialism” which it considers as a stumbling block on its way to regain a part of the Soviet-era multifaceted influence in Africa. Russia has sought to convince Africans over the past years of the likely dangers of neocolonial tendencies perpetrated by the former colonial countries and the scramble for resources on the continent. But all such warnings largely seem to fall on deaf ears as African leaders choose development partners with funds to invest in the economy.

Experts suspected that Russia’s plan to bring about regime change in Mali could see Russia-friendly new leaders taking over the country from the French-friendly President Ibrahim Boubacar Keita and his government, thereby dealing a severe blow to French influence and interests not just in Mali but throughout the Sahel region.

Research Professor Irina Filatova at the Higher School of Economics in Moscow explains to IDN that “Russia’s influence in the Sahel has been growing just as French influence and assistance has been dwindling, particularly in the military sphere. It is for the African countries to choose their friends, but it would be better to deal directly with the government, than with (mercenaries of the Russian) Wagner, which group, whose connection with the government was barely recognized.”

In very particular cases, she unreservedly suggested: “If they wanted the Russians to come and fight Islamist groups, it would be much better to ask the government to send regular troops. Wagner’s vigilantes are not responsible to anybody, and the Russian government may refuse to take any responsibility for whatever they do in case something goes wrong.”

While the African Union (AU), regional blocs and African leaders remain indifferent, Russia has expressed concern and takes the task to fight “neocolonialism” in Africa. It has sought to convince Africans over the past years of the likely dangers of neocolonial tendencies perpetrated by the former colonial countries and the scramble for resources on the continent. But all such warnings largely seem to fall on deaf ears as African leaders choose development partners with funds to invest in the economy.

But these have different interpretations as African leaders still show loyalty to their former colonizers. Neocolonialism can be seen as a new form of domination, plunder and exploitation using clandestine and economic statecraft.

Of course, there could be some hints or pointers to neocolonial tendencies, but such claims should be levelled on case by case basis, and there has to be concrete evidence to suggest that way, explains Dr. Frangton Chiyemura, a lecturer in International Development at the School of Social Sciences and Global Studies, Open University in the United Kingdom.

In his objective opinion, Chiyemura further believes “as there is no free lunch in the world, African countries should enter into partnerships based on their strategic interests and an understanding of what the partners can provide or deliver.”

Secondly, every African country should do a comprehensive evaluation of the structure and, the terms and conditions of their engagements with foreign powers. By so doing, this will eliminate the chances for the emergence of claims of neocolonialism. Instead of extending the blame to someone elsewhere, Africa needs to do its homework especially on the implementation and monitoring aspects of the deals. Africa has some of the best regulations and standards, but the problem lies in implementation and monitoring, the development expert suggested in an e-mailed discussion with IDN.

Interestingly, Sochi hosted the first summit in October 2019 devoted to interaction between Russia and Africa. That event opened up a new page in the history of Russia’s relations with African countries, President Vladimir Putin told the gathering: “We are ready to continue working together to strengthen mutually beneficial cooperation. But we are also aware of the host of problems facing Africa that need to be settled.”

In his view, “this new stage and this new quality of our relations should be based on common values. We are at one in our support for the values of justice, equality and respect for the rights of African states to, independently choose their future. It is within this framework that we will continue to coordinate our positions at international platforms and joint efforts in the interests of stability on the African continent.”

Russia-Africa relations is based on long-standing traditions of friendship and solidarity created when the Soviet Union supported the struggle of the peoples of Africa against colonialism, racism and apartheid, protected their independence and sovereignty, and helped establish statehood, and build the foundations of the national economy, according to historical documents available at the website of Kremlin.

The African Union, Economic Community of West African States (ECOWAS) and foreign organizations such as the European Union (EU) and the United Nations (UN) have requested a quick transition to a civilian government. They further urged that efforts are taken to resolve outstanding issues relating to sustainable development and observing strictly principles of democracy.

All these organizations have utterly denounced the coup. What follows now will be negotiations over the transitional arrangements and the timetable for new elections. This will not be straightforward. Although the opposition was united in their demand for Keita’s resignation there is little consensus on what to do next, while the UN Security Council and ECOWAS are divided on how to respond beyond initial condemnation.

United Nations Secretary-General Antonio Guterres, spoke out against the coup as well saying that the situation should be returned to normal under the elected civilian government in Mali. In addition, an official statement was issued by the AU Commission Chair on the situation in Mali. It says in part: “The AU Chairperson calls on the Economic Community of West African States (ECOWAS), the United Nations and the entire international community to combine collective efforts to oppose any use of force as a means to end the political crisis in Mali.”

Beyond condemning developments in Mali, the African Union and the regional blocs have to consistently remind African leaders to prioritize sustainable development goals and understand the basic principle through which they were elected: the electorate and the people. That makes it utterly necessary to engage them in development decision-making processes and use available resources to improve their communities – these are the drivers of the expected lasting change needed in Africa.

Kester Kenn Klomegah writes frequently about Russia, Africa and BRICS. This article was first and originally published by IndepthNews.

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S&P Restores Afreximbank to Investment-Grade Status After 12 Years

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Afreximbank

By Adedapo Adesanya

Credit ratings agency, S&P Global Ratings, has restored the African Export-Import Bank (Afreximbank) ​to investment grade, nearly 12 years after its last assessment, citing the entity’s countercyclical lending record and ‌strong shareholder support.

The BBB+ rating with a stable outlook is one notch above Moody’s Baa2 and comes months after Afreximbank severed ties with Fitch Ratings.

The lender accused the agency of misjudging its mission, following a downgrade to junk status amid disagreements over the bank’s role in debt ​restructurings for Ghana and Zambia. Fitch subsequently withdrew its ratings entirely and flagged governance concerns.

S&P said in ​a statement on Thursday that Afreximbank’s record as a countercyclical lender and its substantial shareholder ⁠support served as rationale for its rating. Credit ratings often guide the costs of capital for a borrower.

The lender’s total assets, S&P noted, had expanded to $42.3 billion by the end of 2025, up ​from $7.1 billion in 2015.

S&P said it did not incorporate preferred creditor status into its assessment because Afreximbank ​provides almost 80 per cent of its loans to private-sector entities.

However, it acknowledged that Afreximbank, alongside other institutions, had experienced prolonged payment arrears in ‌recent ⁠years, notably following the defaults and debt restructurings in Ghana and Zambia.

S&P noted that Afreximbank said in December that it had come to an agreement with Ghana on its $750 million loan, but that the lender had not announced a resolution with Zambia.

The agency warned that further sovereign restructurings could weigh on Afreximbank’s asset quality.

S&P’s assessment described Afreximbank’s governance and management as “adequate”, saying the ⁠inclusion of ​two independent directors and the African Development Bank (AfDB) as a permanent board ​member provided institutional oversight.

It noted that while increasing participation of private-sector investors through Class D shares could influence the bank’s risk appetite, Class A ​shareholders retained veto rights over big institutional changes, balancing potential risk.

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Elon Musk Becomes World’s First Trillionaire as SpaceX Soars in Nasdaq Debut

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By Adedapo Adesanya

Mr Elon Musk, the world’s richest man, is now a trillionaire as his SpaceX rose 11 per cent in its Nasdaq debut on Friday, lifting its valuation to about $1.96 trillion as investors piled into the world’s largest initial public offering (IPO).

The stock opened for trading at $150 compared with the IPO price of $135 per share.

The landmark listing cemented Mr Musk’s status as the first trillionaire ever and propelled SpaceX into the ranks of the ⁠world’s most valuable companies

The listing is being used as a benchmark of what is to come for the market ahead of forthcoming IPOs for AI heavyweights Anthropic and OpenAI.

The record IPO is a culmination of Mr Musk’s long-held ambitions in space and technology.

Most of Musk’s wealth now rests with SpaceX, where ⁠he holds a stake worth roughly $866 billion. Along with Tesla and the rest of his properties, his net worth will exceed $1.1 trillion when the stock begins trading on Friday.

At a quoted $75 billion, the deal’s proceeds were more than double those of Saudi Aramco’s record-setting 2019 IPO.

The valuation could rise further should underwriters exercise their right to sell additional shares, a decision typically made within 30 days after the offering.

Although SpaceX may have to wait for entry into the S&P 500, its expected fast-track inclusion in the Nasdaq 100 will soon make it a major holding for passive funds and ETFs that track the index, creating a fresh source of demand for its shares.

It will take about a month before it gets added to that index under Nasdaq’s new fast-entry rules, as opposed to a typical wait of as much as a year.

SpaceX said its market opportunity spans $28.5 trillion, a figure it called the largest in human history.

Mr Musk, 54, was born in Pretoria, South Africa, to a Canadian mother and South African father. He attended the University of Pennsylvania, graduating in 1997.

He took over as Tesla’s CEO in 2008. Beyond Tesla and SpaceX, Mr Musk ‌has co-founded ⁠five other companies, including tunnelling startup The Boring Company and brain implant maker Neuralink.

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Bridge Awards Symbolize a Definitive Choice of Life in Russia—Sammy Kotwani

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Sammy Kotwani

By Kestér Kenn Klomegâh

Under the presidential decree, authorising an initiative to tap the best brains and professionals from abroad to integrate into Russian society, the Agency for Strategic Development plans to hold its first Bridge Awards, which honour the contributions of foreign citizens and repatriates who have made a definitive life choice in favour of Russia. The Bridge Awards was founded by entrepreneur Philip Hutchinson and public figure Guy Eames.

Launched in February 2026, the competition for the awards has attracted a lot of potential candidates from more than 40 countries competing for victory across 12 categories. The highest number of applications came from the United States, totalling 18. There are also a number of candidates from Europe, Asia, and Africa. The “Business” category proved to be the most geographically diverse, drawing applicants from 12 countries.

The Bridge Awards recognise the valuable contributions of foreign citizens and repatriates to the Russian society. It is also dedicated to raising awareness, recognising achievements, and building strong connections with the international community.

According to the official reports made available, among the winning applicants and world-renowned celebrities for the Business Category were Sammy Manoj Kotwani, President, Indian Business Alliance; President, SITA/Indian National Cultural Centre; President, Overseas Friends of BJP Russia; and Founder, Imperial Tailoring Company.

In this conversation, Sammy Kotwani talks about how he has lived and worked in Russia for more than three decades, his entrepreneurial achievements, and his contributions to Russian society. Here are the interview excerpts:

What really motivates you to participate in the first competition for Bridge Awards?

For me, the Bridge Awards are not only a competition. They are a recognition of a life journey. I have lived and worked in Russia for more than three decades. Russia gave me the opportunity to build my business, serve the Indian community, promote Indian culture, and create real business connections between India and Russia.

My motivation is very simple: I want to show that a foreign citizen can love Russia, respect its people, contribute to its economy, and at the same time remain deeply connected to his own roots and motherland.

Through the Indian Business Alliance, through cultural activities, through India–Russia business forums, through meetings with governors and regional leaders, my work has always been to build bridges — not only between governments, but between people, entrepreneurs, regions, cultures, and families.

So, when I heard about the Bridge Awards, I felt that this platform represents exactly what I have tried to do for many years: turn friendship into action, and respect into real cooperation.

You were selected by the Jury for the business category. What are the implications of this category?

Being selected in the business category is a very meaningful honour because business is where friendship becomes practical.

India and Russia already have strong political trust, historic goodwill, and a strategic partnership. But the real question today is: how do we convert this goodwill into trade, investment, joint ventures, logistics solutions, industrial cooperation, and regional development?

That is why the business category is important. It recognises those who are not only speaking about cooperation, but actually working on the ground to make it happen.

For me personally, it reflects the work of the Indian Business Alliance in connecting Indian entrepreneurs with Russian regions, supporting business missions, encouraging investment, discussing opportunities with governors, and identifying practical sectors such as textiles, pharmaceuticals, logistics, food processing, energy, technology, education, tourism, and skilled manpower.

This category is not only about personal achievement. It is about responsibility. It means we must continue to create platforms where Indian and Russian businesses can meet, trust each other, and build long-term partnerships.

Do you think the “Time to Live in Russia” programme has good future prospects for foreign citizens who choose to relocate and live in Russia?

Yes, I believe the “Time to Live in Russia” programme has strong future potential, provided it remains practical, transparent, and welcoming.

Many foreign professionals, entrepreneurs, investors, teachers, doctors, engineers, cultural workers, and skilled specialists are looking for countries where they can build a meaningful life. Russia has space, resources, education, culture, business opportunities, and strong regional potential.

But relocation is not only about visas or documents. A person who comes to Russia needs guidance, integration, language support, business orientation, community support, and confidence that he or she can build a stable future.

This is where such a programme can become very powerful. If it helps talented foreigners understand Russia better, settle smoothly, respect Russian society, and contribute to the economy, then it can become a serious instrument of international cooperation.

From the Indian perspective, I see strong potential. Many Indians are skilled in technology, medicine, education, trade, textiles, pharmaceuticals, engineering, hospitality, and entrepreneurship. If the right mechanism is created, India and Russia can benefit greatly from this human bridge.

How would you characterise the International Bridge Awards by the Agency for Strategic Initiatives and decreed by President Vladimir Putin?

I would characterise the Bridge Award as a timely and visionary initiative. In today’s world, countries need more than formal diplomacy. They need people who understand both sides, who can translate culture into trust, and trust into practical cooperation.

The Bridge Award gives recognition to such people — foreign citizens and repatriates who have chosen Russia not only as a place to live, but as a place to contribute.

For me, this award carries a very important message: Russia values those who sincerely work for its development, its international friendships, and its multicultural society.

The involvement of the Agency for Strategic Initiatives gives the award a serious institutional direction. It shows that this is not just a symbolic gesture, but part of a larger vision — to make Russia a place where international talent, entrepreneurs, cultural leaders, and public figures can participate in national development.

I believe this award can become a powerful platform for public diplomacy. It can show the world that Russia is open to sincere partners, serious professionals, and people who are ready to build, not just observe.

For me, as an Indian who has lived in Russia for many years, the word “bridge” is very personal. A bridge connects two banks. It allows people to cross, meet, understand, and build together. That is exactly what India and Russia need today—more bridges, more trust, more implementation, and more human connection.

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