World
China-India Conflict a Potential Threat to BRICS Association
By Kestér Kenn Klomegâh
The tension between China and India threatens to paralyse BRICS – the association of five major emerging national economies: Brazil, Russia, India, China and South Africa. While struggling to expand and influence on the global stage, China and India have locked horns over issues in their bilateral relations, ranging from border security to trade conflicts and information war.
The latest strains began in early May and culminated in hand-to-hand fighting in the Galwan Valley, a remote stretch of the 3,380-kilometre (2,100-mile) Line of Actual Control – the border established following a war between India and China in 1962 that resulted in an uneasy truce.
Punsara Amarasinghe, a former research fellow at the Faculty of Law, Higher School of Economics in Moscow, and now a PhD candidate in international law at the Sant’Anna School of Advanced Studies in Pisa, Italy, argues that this tension is rather ironic given that in the past the two countries shared many civilisational values and both were victims of Western colonialism.
When India gained independence in 1947 from the British, its first prime minister Jawaharlal Nehru built a rapport with Communist China by accepting the government of Mao Zedong with great anticipation that both China and India would become the stalwarts in the global campaign against Western imperialism. For example, it was Nehru’s idea that China should be granted a place in the non-aligned movement despite some of opposition from some members at the famous Bandung Conference in 1955.
However, the comity between the two nations was short-lived as China claimed the territory near Arunachal Pradesh whereas India adhered to the line of control known as the McMahon Line established by the British under the 1914 Simla Convention with the consent of Tibet. From the 1950s onwards, China showed its interest in the Aksai Chin area albeit its cordial relations with Nehru’s India. This long dispute finally ended in military escalation in 1962 and became known as the Sino-Indian War.
While acknowledging that some other issues have marred their relationship apart from the current border conflict, Amarasinghe told this article author that “both China and India have longed for global governance as emerging powers, and particularly, the influence expanded by China in South Asia has rapidly increased India’s doubt on China’s presence. Secondly, China’s ambitious Belt and Road Initiative project has encircled India geopolitically, creating a plethora of doubts about India’s state apparatus.”
He added that the notion of nuclear weapon strategies and India’s affinity with the USA are the biggest dilemmas that China has persistently had in dealing with India. Moreover, India has been the sanctuary for Tibetan refugees, including the Dalai Lama.
As to the fundamental question of whether all these issues put together could reappear in future, Amarasinghe emphasized: “Having looked at the trajectories of the history of Indo-China conflict, one can ascertain that the India-China issue has always been imbued with a question of power. Both states are yearning for global governance. Yet India is ahead of the curve as the world’s largest democracy and a state with one of the strongest soft powers, making the Indian narrative stronger, whereas Beijing is known for its autocracy.”
On the other hand, he reminded, “We should not forget that the pact signed between China and India in 1996 clearly says that two states cannot use firearms in a border dispute escalation. However, there have been several events that have shown the acts of aggression in the Indo-China border conflict. The Chinese efforts to build a road in the Doklam area near the border created a tense situation in 2017. Three years after that event, the conflict erupted again.”
China’s Foreign Ministry stipulated measures that would be implemented to normalise the situation and prevent future armed conflicts. “The sides welcomed the developments of relations between defence agencies and the external affairs ministries, agreed to support such consultations in the future and implement agreements that were reached by the two sides during the talks between the border troops commanders, as well complete as soon as possible the process of frontline troop withdrawal,” read a ministry statement.
The Foreign Ministry noted that the sides also reached an agreement to implement measures to “prevent the reoccurrence of incidents which may influence the situation and peace in the border region.”
“The relationship of China and India underwent various trials and their progress towards modern development was not always swift. As had been recently demonstrated correctly, and at the same time incorrectly, by the recent incident in the western sector of the China-India border in the Galwan River valley, China will continue to assert its territorial sovereignty as well as peace and tranquillity in the border region,” according to the statement.
The sides expressed readiness to respect the agreements achieved previously by the heads of state, pay specific attention to the issue of state borders and prevent “disagreements from becoming conflicts.” The sides also confirmed their adherence to the earlier agreements on the state border and expressed readiness to implement measures to normalise the situation in the border region.
Sino-Indian geopolitical rivalry is certainly not new, but today it has multifaceted implications for developments in the South Asian region and most possibly for BRICS. For example, in email discussions, Dr. Zhu Ming of the Institute for Global Governance Studies at the Shanghai Institute for International Studies (SIIS), noted that while there have been several disagreements between China and India, some have been resolved within the framework of international law but others have remained without comprehensive solutions.
Within the context of geopolitical alliances and emerging challenges, Tahama Asadis, a graduate of Strategic Studies from the National Defence University in Islamabad, noted the changing alliances and power equilibrium among the United States, China, India and Pakistan that bear key implications for inter-state rivalry and the consequent crisis dynamics in South Asia.
China has so far been successful in influencing South Asia because of many factors. One of the major reasons is that China has managed to project itself as a neighbour that would not interfere in the internal affairs of other countries, least of all, in the internal affairs of its friends and partners. In the light of its ‘Good Neighbour Policy’, China’s increased diplomatic and economic engagements in South Asia are aimed at enhancing its strategic influence in the region.
Professor Ian Taylor at the University of St Andrews in the United Kingdom explained that he did not see any long-term future for the BRICS as a coherent grouping on the world stage. According to Taylor, the China-India rivalry (as exemplified by border clashes) shows how shallow the alliance is. Furthermore, Brasilia has its own “Brazilian Trump” who sees alliance with the West as the way forward, not with other “developing countries”.
Originally, BRIC was a four-member alliance until South Africa officially became a member in December 2010, after formally being invited by China to join and subsequently being accepted by the founding BRIC countries. The group was renamed BRICS – with the “S” standing for South Africa – to reflect the group’s expanded membership. South Africa is a staunch member of the Southern African Development Community (SADC).
“South Africa is in terminal decline and was only admitted to the BRICS for politically expedient-politically correct reasons. Its membership damaged the group’s credibility. And of course, China will resist to the very end the notion that India be admitted to the UN Security Council as a Permanent Member,” Taylor explained, adding that so much for the vaunted “South-South solidarity” that the BRICS was supposed to represent and what all the noise was about when it was launched.
Zhu Ming holds conservative not so negative views on the future of BRICS amid India-China conflicts, giving two reasons. The first and most important is that Beijing is still keeping a low profile on this conflict. For instance, Chinese local media coverage of this conflict is still quite low, and Beijing has not revealed losses on the Chinese side in order not to form the impression of too huge a gap in losses between the two sides as to humiliate the Indian side. “Just imagine, if two people were fighting, the situation would be extremely hard to turn back to normal very soon. But if one side could keep relatively calm, the situation would be more optimistic.”
Secondly, the disputed land is not worthy of a war between the two countries. “However, the rising nationalist mood of India is a bit troublesome. BRICS is not nothing to New Delhi, it will not be a good option for India to quit BRICS. Since BRICS was formed jointly by five powers, China does not own BRICS,” he told this article author, adding, “It is a bit early to judge the prospects of BRICS. It is quite possible that the global and BRICS health governance system could be another rising cooperation field within the BRICS group after the forthcoming BRICS summit.”
“While there are no official claims from the Kremlin that Putin was brokering any negotiation between the two to reconcile the border dispute if Russia can make a good move in meddling with the Indo-China border conflict, I assume it will work to a greater extent. Given the history of Russia’s dominant role in South Asia since its Soviet past, Moscow has a greater capacity to play the role of mediator. Besides that, BRICS is a platform for emerging powers and its capacity cannot be discarded as a regional political talk shop. Thus, I believe BRICS would create some steps for a more amicable solution,” Amarasinghe concluded on an optimistic note.
Alicia Garcia-Herrero is Senior Research Fellow at the Brussels-based think tank Bruegel and Adjunct Professor at the Hong Kong University of Science and Technology, noted in her article headlined “China Continues To Dominate An Expanded BRICS” published by the East Asia Forum that China has been the leading proponent of expanding BRICS to BRICS+. The main reason for the expansion was to make BRICS more representative of the developing world and give it a stronger voice on the global stage.
But the six countries invited to join — which has become five after Argentina’s withdrawal — are quite heterogeneous. Some are net creditors (such as Saudi Arabia and the United Arab Emirates), while others are net debtors and in a very weak financial position. Half of them are large exporters of fossil fuels (Saudi Arabia, the United Arab Emirates and Iran). Ethiopia and Egypt stand out as members from Africa, a continent that has become increasingly important for China’s and India’s foreign policy, according to Garcia-Herrero.
The BRICS countries are considered the foremost geopolitical rival to the G7 bloc of leading advanced economies, implementing competing initiatives such as the New Development Bank, the BRICS Contingent Reserve Arrangement, the BRICS pay, the BRICS Joint Statistical Publication and the BRICS basket reserve currency. But in practical reality, China has large control and uses the platform to widen its economic influence. Most of the trade growth has been China-centric, with contributions from the rest of BRICS remaining quite flat until recently. Russia, with its limited economic impact, only remains an excellent public relations organizer for BRICS.
The BRICS members are known for their significant influence on regional affairs, and all are members of the G20. Since its establishment in 2009, the BRICS nations have met annually at several summits, with South Africa having hosted the most recent 15th BRICS Summit in August 2023. Currently, Russia is heading the rotating in 2024 and plans to push forward significant issues, particularly the association’s expansion and transforming it into an anti-Western coalition. Reports indicate about 40 countries, the majority in Africa and Asia have expressed readiness to join BRICS from the Global South. The association has three areas of strategic partnership: policy and security, economy and finance, and cultural and educational cooperation.
Between now and until October when Kazan will host the 16th summit, Moscow has scheduled various activities including the BRICS Games, BRICS Foreign Ministers, BRICS Academic and BRICS Parliamentary meetings, these aim at showcasing BRICS geopolitical influence and increasing coalition for building a fairer, better and multipolar world. It also operates based on non-interference and equality with the hope of ensuring members get mutual economic benefits in the world. BRICS has received both praise and criticism from academics, researchers, politicians geopolitical analysts and writers around the world.
The origins of BRICS — a bloc comprising Brazil, Russia, India, China, South Africa and, as of 2024, new members Egypt, Ethiopia, Iran and the United Arab Emirates — can be traced back to a 2001 publication by Goldman Sachs economist Jim O’Neill titled ‘Building Better Global Economic BRICs’. O’Neill argued that Brazil, Russia, India and China were poised to play an increasingly significant role in the global economy. BRIC was officially launched in 2009 and was renamed BRICS in 2010 when South Africa joined, and Russia will make history by admitting the largest ever in 2024.
The founding countries of Brazil, Russia, India, and China held the first summit in Yekaterinburg in 2009, with South Africa joining the association a year later. Egypt, Ethiopia, Iran and the United Arab Emirates joined on 1 January 2024 The five BRICS countries together represent over 3.1 billion people, or about 41 percent of the world population. The five nations had a combined nominal Gross Domestic Product (GDP) of 18.6 trillion dollars and an estimated 4.46 trillion dollars in combined foreign reserves.
World
Russian-Nigerian Economic Diplomacy: Ajeokuta Symbolises Russia’s Remarkable Achievement in Nigeria
By Kestér Kenn Klomegâh
Over the past two decades, Russia’s economic influence in Africa—and specifically in Nigeria—has been limited, largely due to a lack of structured financial support from Russian policy banks and state-backed investment mechanisms. While Russian companies have demonstrated readiness to invest and compete with global players, they consistently cite insufficient government financial guarantees as a key constraint.
Unlike China, India, Japan, and the United States—which have provided billions in concessionary loans and credit lines to support African infrastructure, agriculture, manufacturing, and SMEs—Russia has struggled to translate diplomatic goodwill into substantial economic projects. For example, Nigeria’s trade with Russia accounts for barely 1% of total trade volume, while China and the U.S. dominate at over 15% and 10% respectively in the last decade. This disparity highlights the challenges Russia faces in converting agreements into actionable investment.
Lessons from Nigeria’s Past
The limited impact of Russian economic diplomacy echoes Nigeria’s own history of unfulfilled agreements during former President Olusegun Obasanjo’s administration. Over the past 20 years, ambitious energy, transport, and industrial initiatives signed with foreign partners—including Russia—often stalled or produced minimal results. In many cases, projects were approved in principle, but funding shortfalls, bureaucratic hurdles, and weak follow-through left them unimplemented. Nothing monumental emerged from these agreements, underscoring the importance of financial backing and sustained commitment.
China as a Model
Policy experts point to China’s systematic approach to African investments as a blueprint for Russia. Chinese state policy banks underwrite projects, de-risk investments, and provide finance often secured by African sovereign guarantees. This approach has enabled Chinese companies to execute large-scale infrastructure efficiently, expanding their presence across sectors while simultaneously investing in human capital.
Egyptian Professor Mohamed Chtatou at the International University of Rabat and Mohammed V University in Rabat, Morocco, argues: “Russia could replicate such mechanisms to ensure companies operate with financial backing and risk mitigation, rather than relying solely on bilateral agreements or political connections.”
Russia’s Current Footprint in Africa
Russia’s economic engagement in Africa is heavily tied to natural resources and military equipment. In Zimbabwe, platinum rights and diamond projects were exchanged for fuel or fighter jets. Nearly half of Russian arms exports to Africa are concentrated in countries like Nigeria, Zimbabwe, and Mozambique. Large-scale initiatives, such as the planned $10 billion nuclear plant in Zambia, have stalled due to a lack of Russian financial commitment, despite completed feasibility studies. Similar delays have affected nuclear projects in South Africa, Rwanda, and Egypt.
Federation Council Chairperson Valentina Matviyenko and Senator Igor Morozov have emphasized parliamentary diplomacy and the creation of new financial instruments, such as investment funds under the Russian Export Center, to provide structured support for businesses and enhance trade cooperation. These measures are designed to address historical gaps in financing and ensure that agreements lead to tangible outcomes.
Opportunities and Challenges
Analysts highlight a fundamental challenge: Russia’s limited incentives in Africa. While China invests to secure resources and export markets, Russia lacks comparable commercial drivers. Russian companies possess technological and industrial capabilities, but without sufficient financial support, large-scale projects remain aspirational rather than executable.
The historic Russia-Africa Summits in Sochi and in St. Petersburg explicitly indicate a renewed push to deepen engagement, particularly in the economic sectors. President Vladimir Putin has set a goal to raise Russia-Africa trade from $20 billion to $40 billion over the next few years. However, compared to Asian, European, and American investors, Russia still lags significantly. UNCTAD data shows that the top investors in Africa are the Netherlands, France, the UK, the United States, and China—countries that combine capital support with strategic deployment.
In Nigeria, agreements with Russian firms over energy and industrial projects have yielded little measurable progress. Over 20 years, major deals signed during Obasanjo’s administration and renewed under subsequent governments often stalled at the financing stage. The lesson is clear: political agreements alone are insufficient without structured investment and follow-through.
Strategic Recommendations
For Russia to expand its economic influence in Africa, analysts recommend:
- Structured financial support: Establishing state-backed credit lines, policy bank guarantees, and investment funds to reduce project risks.
- Incentive realignment: Identifying sectors where Russian expertise aligns with African needs, including energy, industrial technology, and infrastructure.
- Sustained implementation: Turning signed agreements into tangible projects with clear timelines and milestones, avoiding the pitfalls of unfulfilled past agreements.
With proper financial backing, Russia can leverage its technological capabilities to diversify beyond arms sales and resource-linked deals, enhancing trade, industrial, and technological cooperation across Africa.
Conclusion
Russia’s Africa strategy remains a work in progress. Nigeria’s experience with decades of agreements that failed to materialize underscores the importance of structured financial commitments and persistent follow-through. Without these, Russia risks remaining a peripheral player (virtual investor) while Arab States such as UAE, China, the United States, and other global powers consolidate their presence.
The potential is evident: Africa is a fast-growing market with vast natural resources, infrastructure needs, and a young, ambitious population. Russia’s challenge—and opportunity—is to match diplomatic efforts with financial strategy, turning political ties into lasting economic influence.
World
Afreximbank Warns African Governments On Deep Split in Global Commodities
By Adedapo Adesanya
Africa Export-Import Bank (Afreximbank) has urged African governments to lean into structural tailwinds, warning that the global commodity landscape has entered a new phase of deepening split.
In its November 2025 commodity bulletin, the bank noted that markets are no longer moving in unison; instead, some are powered by structural demand while others are weakening under oversupply, shifting consumption patterns and weather-related dynamics.
As a result of this bifurcation, the Cairo-based lender tasked policymakers on the continent to manage supply-chain vulnerabilities and diversify beyond the commodity-export model.
The report highlights that commodities linked to energy transition, infrastructure development and geopolitical realignments are gaining momentum.
For instance, natural gas has risen sharply from 2024 levels, supported by colder-season heating needs, export disruptions around the Red Sea and tightening global supply. Lithium continues to surge on strong demand from electric-vehicle and battery-storage sectors, with growth projections of up to 45 per cent in 2026. Aluminium is approaching multi-year highs amid strong construction and automotive activity and smelter-level power constraints, while soybeans are benefiting from sustained Chinese purchases and adverse weather concerns in South America.
Even crude oil, which accounts for Nigeria’s highest foreign exchange earnings, though still lower year-on-year, is stabilising around $60 per barrel as geopolitical supply risks, including drone attacks on Russian facilities, offset muted global demand.
In contrast, several commodities that recently experienced strong rallies are now softening.
The bank noted that cocoa prices are retreating from record highs as West African crop prospects improve and inventories recover. Palm oil markets face oversupply in Southeast Asia and subdued demand from India and China, pushing stocks to multi-year highs. Sugar is weakening under expectations of a nearly two-million-tonne global surplus for the 2025/26 season, while platinum and silver are seeing headwinds from weaker industrial demand, investor profit-taking and hawkish monetary signals.
For Africa, the bank stresses that the implications are clear. Countries aligned with energy-transition metals and infrastructure-linked commodities stand to benefit from more resilient long-term demand.
It urged those heavily exposed to softening agricultural markets to accelerate a shift into processing, value addition and product diversification.
The bulletin also called for stronger market-intelligence systems, improved intra-African trade connectivity, and investment in logistics and regulatory capacity, noting that Africa’s competitiveness will depend on how quickly governments adapt to the new two-speed global environment.
World
Aduna, Comviva to Accelerate Network APIs Monetization
By Modupe Gbadeyanka
A strategic partnership designed to accelerate worldwide enterprise adoption and monetisation of Network APIs has been entered into between Comviva and the global aggregator of standardised network APIs, Aduna.
The adoption would be done through Comviva’s flagship SaaS-based platform for programmable communications and network intelligence, NGAGE.ai.
The partnership combines Comviva’s NGAGE.ai platform and enterprise onboarding expertise with Aduna’s global operator consortium.
This unified approach provides enterprises with secure, scalable access to network intelligence while enabling telcos to monetise network capabilities efficiently.
The collaboration is further strengthened by Comviva’s proven leadership in the global digital payments and digital lending ecosystem— sectors that will be among the biggest adopters of Network APIs.
The NGAGE.ai platform is already active across 40+ countries, integrated with 100+ operators, and processing over 250 billion transactions annually for more than 7,000 enterprise customers. With its extensive global deployment, NGAGE.ai is positioned as one of the most scalable and trusted platforms for API-led network intelligence adoption.
“As enterprises accelerate their shift toward real-time, intelligence-driven operations, Network APIs will become foundational to digital transformation. With NGAGE.ai and Aduna’s global ecosystem, we are creating a unified and scalable pathway for enterprises to adopt programmable communications at speed and at scale.
“This partnership strengthens our commitment to helping telcos monetise network intelligence while enabling enterprises to build differentiated, secure, and future-ready digital experiences,” the chief executive of Comviva, Mr Rajesh Chandiramani, stated.
Also, the chief executive of Aduna, Mr Anthony Bartolo, noted that, “The next wave of enterprise innovation will be powered by seamless access to network intelligence.
“By integrating Comviva’s NGAGE.ai platform with Aduna’s global federation of operators, we are enabling enterprises to innovate consistently across markets with standardised, high-performance Network APIs.
“This collaboration enhances the value chain for operators and gives enterprises the confidence and agility needed to launch new services, reduce fraud, and deliver more trustworthy customer experiences worldwide.”
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