World
Developing Far Eastern Region Russia’s Priority
By Kestér Kenn Klomegâh
The Eastern Economic Forum (EEF) is held annually in cooperation with the Far East regional administration in the city of Vladivostok. Three years of COVID-19, followed by Russia’s ‘special military operation’ and the current geopolitical situation, have adversely affected this corporate business event, as Russia looks towards the East and makes the main focus on developing the Far East.
Russian President Vladimir Putin said at the opening session that the government would not allow the pace of development to slacken in the Russian Far East as it is a strategic region for the country. “We will definitely not be scaling down the pace of development in the region because the development of the Far East is an absolute priority for Russia, a direct priority for Russia as a whole for the entire 21st century, because it is a colossal region with a small population but huge potential. Of course, this is a strategic interest for the country,” the president said at the Eastern Economic Forum, which Vladivostok hosted on September 10-13.
Putin further pointed out that it is necessary “not only to hold on to this region but also to develop it and put its resources to work for the benefit of the state.” According to the president, “it is necessary to talk not only about the development of mineral resources in the Far East, it is necessary to build even more enterprises for the processing of industrial raw materials, so as to increase the added value.”
Putin later held a discussion with the Vice Premier of the State Council of the People’s Republic of China, Zhang Guoqing. Both noted that Russia-China relations in this area – the area of economic cooperation – have reached a very high level. This is a derivative of what has been achieved in the political sphere, but the results are excellent, as every year, trade grows by almost one-third. This year, over the first seven months, trade is up about the same amount, 24 per cent – to as much as 120 billion. The goal President Xi Jinping and Putin have set – to reach the $200 billion mark in trade – can be achieved by the end of 2023.
In addition to the above, Putin held a discussion with the Deputy Prime Minister of the Lao People’s Democratic Republic, Pany Yathotou, also on the sidelines of the Eastern Economic Forum. Russia and Laos have made significant contributions to the development of bilateral parliamentary relations.
Russian Deputy Prime Minister, Yury Trutnev, earlier reiterated that the forum has been the world’s leading platform for discussing economic and political issues. The largest delegations are from such countries as China, Myanmar, India, Mongolia and Laos. He also expressed confident that a large number of new investment agreements with foreign participation would become the outcome of the forum. The Far East region expects new projects, technologies and jobs; and also to strengthen the Far East’s position in the system of economic relations in Asia Pacific.
For the past few years, Western and European businesses have largely been missing in this forum. And those from Asia and the Pacific are getting fewer and fewer as opportunities seem monotonous and speeches have the same message relating to world geopolitics. Business people are really for business opportunities, not geopolitics. Business people are simply looking for unique products, services and profits.
Nevertheless, at the start of the forum, the photo exhibition Developing the Far East, organized by the Corporation for the Development of the Far East and the Arctic with the support of the Office of the Plenipotentiary Representative of the President of the Russian Federation in the Far Eastern Federal District and the Ministry for the Development of the Russian Far East, opened in the departure area of the domestic terminal.
The exposition presents a chronology of images: a decade during which unique conditions for business development were created in the Far East, more than 2.8 thousand investment projects were launched, about 700 of which have already been put into operation.
According to analysts interviewed by Russian media Izvestia, the forum’s agenda will be comprehensive, covering both domestic Russian and external economic issues. “This year, due to the greater focus on the East that has emerged in the country’s economy, the agenda for discussions are extensive, on both internal domestic and external issues,” according to Vladimir Klimanov, Associate Professor and Director of the Center for Regional Policy at the Russian Presidential Academy of National Economy and Public Administration (RANEPA) Institute of Applied Economic Research.
Anton Kobyakov, Adviser to the President of the Russian Federation and Executive Secretary of the EEF Organizing Committee, says participants have the chance to exchange experiences, and discuss networking practices at EEF events, including a plenary session, panel sessions, round tables, and business dialogues. The main theme of this year’s forum is “The Path to Partnership, Peace and Prosperity” fixed by the Roscongress Foundation. The Eastern Economic Forum was held on 10–13 September 2023 in Vladivostok on the campus of the Far Eastern Federal University.
World
Dangote to Invest $1bn in Cement, Power Plants, Fuel Pipeline in Zimbabwe
By Adedapo Adesanya
Nigerian businessman, Mr Aliko Dangote, has finalised plans to invest as much as $1 billion in Zimbabwe. This would be used to build cement and power plants as well as a fuel pipeline in the country.
The industrialist disclosed this during a meeting with the President of Zimbabwe, Mr Emmerson Mnangagwa, in Harare on Wednesday.
Mr Dangote had previously expressed interest in investing in Zimbabwe in 2015 but the deals stalled.
The Nigerian, who operates cement companies in 10 countries, planned to build a $400 million cement plant with processing capacity of 1.5 million tons a year. The deal, along with others proposed at the time, failed to materialize after talks with then-President Robert Mugabe.
Now, with the green light from the late president’s predecessor, Mr Dangote is adding Zimbabwe to his list of investment destinations, which span several countries across the continent from Ethiopia to Zambia.
Speaking to reporters on Wednesday, Mr Dangote lauded the Zimbabwe leader for turning “the economy around,” adding, “That really gave us the confidence that this is the right time for us to come and invest.”
Mr Dangote has diversified interests in cement, sugar, fertiliser, oil and gas, and other sectors. He has a net worth of $29.8 billion, according to the latest Bloomberg Billionaires Index.
According to reports, details around mining concessions, tax incentives, and investment guarantees, we’re discussed between the tycoon and the Zimbabwean leader.
The deal, which has been in the works for several months, picked up pace during the Afreximbank annual meetings held in Abuja in June.
In June, both sides managed to resolve key sticking points and outline the next steps toward implementation.
Harare-based Bard Santner Markets Incorporated facilitated the negotiations, led by CEO Senziwani Sikhosana and investment facilitator Josephine Mahachi.
On the government side, presidential investment adviser, Mr Paul Tungwarara was credited with steering the process, ensuring that all policy and regulatory approvals stay on track.
Dangote Cement Plc is Africa’s largest cement producer and has production capacity of over 50 million tonnes annually across multiple countries.
World
Medar Boquete Becomes First Congolese to Receive Pushkin Medal
By Kestér Kenn Klomegâh
November 2025, will go down in history as a significant date for the Democratic Republic of the Congo and the Free University of Kinshasa (ULK). During the official ceremony presenting state awards and prizes of the President of the Russian Federation in the Kremlin, Medar Bompoko Boquete, Chairman of the Executive Board of the Free University of Kinshasa (ULK), was awarded the Pushkin Medal, becoming the first Congolese to receive this prestigious award.
The Pushkin Medal, established in the Russian Federation, is one of the most renowned awards in the fields of culture, education, and the humanities. It is awarded to individuals who have made significant contributions to the development of cultural and educational ties with Russia, as well as to strengthening friendship and international cooperation. This award highlights the importance of academic, linguistic, and cultural exchanges in strengthening ties between Russia and African countries.
Medar Bompoko Boquete was recognized for his contribution to the promotion of the Russian language and culture at ULK, as well as for his active work in strengthening educational and cultural ties between the DR Congo and Russia. For several years, he has promoted student and faculty exchanges, scientific cooperation, and knowledge sharing between the countries, contributing to the international recognition of the DR Congo.
The ceremony, held as part of the National Unity Day celebrations, brought together distinguished Russian and international representatives. The awarding of the Pushkin Medal to an African scholar, and in particular the first Congolese, is a powerful symbol of intercultural dialogue and mutual respect between countries. It also demonstrates the key role of education and culture in strengthening diplomatic and social ties on the international stage.
Award Details:
Awardee: Medar Bompoko Boquete
Position: Chairman of the Executive Board, Free University of Kinshasa (ULK)
Award: Pushkin Medal
Reason for the Award: Contribution to strengthening cultural and educational unity and developing cultural ties between the DR Congo and Russia
Award Location: The Kremlin, Moscow, Russia
This official recognition from Russia is not only a personal honor for Medar Bompoko Boquete but also an important symbol for the DR Congo, demonstrating the country’s achievements in education, culture, and scientific cooperation. The award opens new opportunities for academic and cultural interaction between Congolese and Russian institutions and inspires future generations to develop similar initiatives.
The awarding of the Pushkin Medal to Medar Bompoko Boquete was a historic event in relations between the DR Congo and Russia and symbolizes the long-term strengthening of cultural and educational ties between the two countries.
World
Amnesty International Calls for Internet Restoration as Crisis Grips Tanzania
By Adedapo Adesanya
Human rights group, Amnesty International, has called for restoration of internet services following shutdown by Tanzanian authorities following the country’s general elections on October 29.
Authorities imposed nationwide internet restrictions on election day disrupting mobile data services and blocking access to social media platforms across major networks.
The October 29 vote handed President Samia Suluhu Hassan a second term with over 97 per cent of the votes.
She was sworn in after the disputed polls on Monday. Protests have since rocked the East African country.
On Monday November 3, Tanzanians reported partial resumption in some cities, but this has impacted the country’s economy, disrupting bank operations and communication.
In a statement, Amnesty International’s Deputy Director for East and Southern Africa, Mr Vongai Chikwanda, called for the return of full internet services in the country.
“For close to a week now, many people in Tanzania have suffered nationwide internet and electricity shutdowns. Amnesty International is particularly alarmed by reports that amidst the blackouts, security forces have used excessive force to suppress and disperse ongoing post-election protests, resulting in the deaths and injuries of protesters.
“This is the third time in less than a year that Tanzanian authorities have resorted to an internet blockade to silence dissenting voices. Authorities must immediately refrain from suppressing protests and instead respect, protect, and facilitate the right to peaceful assembly. They must immediately and unconditionally release all those arrested solely for exercising their right to peaceful assembly.”
So far, over 700 people have been reportedly killed by post-election violence in the East African nation.
The group said Tanzanian authorities should “promptly, thoroughly, independently, impartially, transparently and effectively investigate all killings by security agents and bring to justice in fair trials those suspected of being responsible.”
“Authorities must also provide victims and their families with access to justice and effective remedies,” it added.
“The authorities must also allow both local and international media to freely report on the human rights situation in the country and refrain from restricting access to information, both online and offline including by immediately restoring internet access and access to basic public services. The ongoing restrictions are making it difficult to verify information, and to document election-related human rights violations.”
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