World
BRICS Has Lot Tasks, Opportunities to Address—Putin
By Kester Kenn Klomegah
Ahead of the forthcoming BRICS summit, Russian President Vladimir Putin has reiterated the significant efforts by the member states to consolidate cooperation and dialogues in key multifaceted areas including those relating to member states, regional and international arena.
Putin, who is scheduled to travel for the 10th edition of BRICS summit in South Africa on July 25-27, said the BRICS group is faced with lot of tasks, challenges and opportunities to address in subsequent years and these have been documented in all previous declarations.
He, however, expressed Russia’s readiness to actively support the priorities of the chairmanship and the final preparations that are underway for the tenth BRICS summit in Johannesburg.
The 2018 BRICS summit is hosted under the theme “BRICS in Africa: Collaboration for Inclusive Growth and Shared Prosperity in the 4th Industrial Revolution” and the theme has been explained that the BRICS countries are increasingly at the forefront of driving technological advances. The leaders will review BRICS’ first ten years and discuss future cooperation including prospects of the group’s expansion.
“That is, the BRICS leaders will exchange views on possible expansion processes, engagement of new participants, and so on. There are no plans to make decisions on the matter, but it appears to me the discussion itself will be interesting enough,” Kremlin Aide on Foreign Policy, Yury Ushakov, said in Moscow.
The summit involves an expanded-format. In 2013, when South Africa first hosted a BRICS summit, it invited a number of African leaders. This year, the leaders of Angola, the Congo, Ethiopia, Gabon, Lesotho, Madagascar, Malawi, Mauritius, Mozambique, Namibia, Rwanda, Senegal, Seychelles, Tanzania, Togo, Uganda, Zambia and Zimbabwe were invited.
“Apart from the Africans, the leaders of a number of countries presiding in major sectoral and regional associations have also been invited. These are Argentina, as the country presiding in G20, Turkey, as the country presiding in the Organization of Islamic Cooperation, and Jamaica, which is leading the Caribbean Community this year,” Ushakov informed.
According to Kremlin sources, Putin will travel with a sizable entourage which includes, at least, twelve (12) of his most senior ministers including Foreign Affairs Minister Sergey Lavrov. Putin last went to South Africa in March 2013 during the fifth BRICS summit in Durban.
As this researcher and author of this article gathered, besides participating in official BRICS summit, Putin will hold several sidelined bilateral meetings with representatives from foreign countries and African Union (AU).
He will meet South African leader, Cyril Ramaphosa, the newest face among BRICS Heads of State, exclusively for Russia-South African bilateral talks. As expected, strategies to strengthen economic and political ties between the two countries are on the top of the agenda. At the BRICS Business Council, Igor Shuvalov, Head of VEB (Vnesheconombank), will lead about 20 corporate business directors to the meeting to discuss business among BRICS countries.
South Africa will hold the BRICS-Africa outreach dialogue on the summit fringes. Importantly, the BRICS-Africa outreach will discuss the recently launched African Continental Free Trade Agreement (AfCFTA).
Russia stands for strengthening the BRICS countries’ partnership in politics, the economy, culture and other areas. During the previous BRICS summits, Russia has consistently proposed a number of new initiatives that are being implemented. Among them, for instance, are:
– Russia’s initiative a BRICS Strategy for Economic Partnership was adopted at the Ufa Summit in 2015 and is being successfully implemented.
– Russia’s initiative on the establishment of a BRICS Energy Research Platform.
– Another priority is to build up our cooperation in the area of small and medium-sized enterprises (SME)
– Russia is advocating the Women and the Economy public-private dialogue. This initiative provides for holding regular debates by members of the BRICS countries’ business and expert communities, women’s associations and government agencies.
– Russia is currently pushing for the establishment of BRICS Women’s Club.
“Russia’s initiatives are gaining support among others. There are other important, interesting and promising undertakings. I am confident that this association will work effectively in the future,” Putin emphatically pointed out, adding that the summit would help boost multifaceted cooperation and dialogue between BRICS member states and Africa.
The BRICS member countries (Brazil, Russia, India, China and South Africa) collectively represent about 26% of the world’s geographic area and are home to 2.88 billion people, about 42% of the world’s population.
World
Africa Takes Centre Stage as Addis Ababa Hosts the 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.”
World
UK Set for Seventh Prime Minister in 10 Years as Keir Starmer Resigns
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.
World
AXIAN Energy Secures $60m for Expansion Across Africa
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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