By Adedapo Adesanya

The trio of Nigeria, Benin and Cameroon have been urged by the African Development Bank (AfDB) to deepen regional cooperation in order to drive an inclusive continental market.

This call was given by the Director General of the Nigeria Department Office of AfDB, Mr Abdul Kamara, on Thursday, noting the bank had invested $55 billion trade-enabling infrastructure in the continent.

Mr Kamara said the lender had also continued to support programmes and initiatives that enhanced the meaningful participation of women and young people in the African market, thus, ensuring an inclusive continental market.

Speaking at the opening of a technical workshop on trilateral trade cooperation among Nigeria, Benin, and Cameroun in Abuja, Mr Kamara said the workshop was convened at a critical moment in the continent’s economic integration.

He said it aligned with the continental priorities of deepening trade integration, accelerating the development of trade-enabling infrastructure, and policy convergence, commending Nigeria and Benin for the progress achieved in their ongoing trade negotiations.

Represented by Regional Integration Coordinator, Nigeria, AfDB, Mrs Ometere Omoluabi-Davies, Kamara stated that these efforts were expected to enhance economic cooperation and boost trade volumes between the two countries under the ECOWAS Trade Liberalisation Scheme (ETLS) and intra-regional trade flows.

The bank also hailed Benin for its leadership in regional integration.

“According to the Africa Visa Openness Index, a tool developed by the African Union and the African Development Bank to monitor African countries’ performance regarding the free movement of persons, Benin ranks among the best performers on the continent, offering visa-free access to all African citizens.

“Moreover, the recent expansion of port infrastructure strategically positions the country as a trade-facilitating gateway for intra-African trade.

“To build on this momentum, the bank takes this opportunity to urge Benin to consider ratifying the AfCFTA agreement to consolidate and expand its regional integration gains and unlock market opportunities for ‘made in Benin’ goods and services.”

He added, “I also congratulate the Republic of Cameroon for its active engagement in implementing the AfCFTA and the proactive steps it has taken to expand trade beyond the Central African regional bloc.

*Through its participation in the AfCFTA’s Guided Trade Initiative and the strengthening of trade ties with Nigeria and Benin, Cameroon is helping to unlock the potential of cross-regional trade between West and Central Africa, demonstrating the value proposition of the AfCFTA.

“The outcomes of this strategic workshop are critical. They will set a precedent for the coordinated implementation of regional and continental trade arrangements, helping to identify trade-enabling corridors that connect regions and leverage the comparative advantages of each country.”

He said AfDB was committed to supporting its regional member countries in achieving their regional integration goals and ensuring they benefited from it.

Mr Kamara stated that through its Regional Operations Envelope (ROE) and the Regional Public Goods Window, the bank continues to support regional operations to address hard and soft infrastructure challenges and enhance trade, mobility, competitive value chains, and private sector growth across the continent.

“It is our hope that this strategic engagement will culminate in the development and submission of a joint project proposal by the three countries under the ROE, for a regional operation that will unlock market opportunities, enhance trade between West and Central Africa, and promote a coordinated approach to the implementation of regional trade agreements and the AfCFTA.”

By Adedapo Adesanya

Nigerian billionaire businessman, Mr Aliko Dangote, has signed an  agreement with the Ethiopian government to build a $2.5 billion fertiliser plant in the latest move to expand his empire.

The new plant, which will take about 40 months to complete, is expected to produce 3 million tons of fertiliser annually, and will be linked by pipeline to the Calub and Hilala natural gas fields in the southeast.

Signed in the capital city of Addis Ababa on Thursday, Mr Dangote will own 60 per cent of the facility under the agreement, while the remaining 40 per cent will be held by the state-owned Ethiopian Investment Holdings (EIH).

The project will be located in Ethiopia’s eastern Somali region.

EIH noted that the project would significantly cut Ethiopia’s dependence on fertiliser imports, providing a reliable local supply and reducing foreign exchange pressures.

Speaking at the signing, the country’s Prime Minister, Mr Abiy Ahmed, described the deal as a landmark for Ethiopia’s food security ambitions.

“This project will create jobs locally, ensure a reliable fertiliser supply for our farmers who have long faced challenges, and mark a decisive step in our path to food sovereignty,” he said in a statement.

Dangote Industries already operates cement businesses in 10 African countries and runs a 3 million-ton fertiliser hub in Nigeria that began operations three years ago.

“This partnership with Ethiopian Investment Holdings represents a pivotal moment in our shared vision to industrialise Africa and achieve food security across the continent,” Mr Dangote said.

Mr Dangote already has business investments across diverse sectors including cement manufacturing, sugar refining, salt and seasoning production, fertilizer manufacturing, and oil and gas (notably the 650,000 barrels per day Dangote Refinery), among others. He has also disclosed plans to play in other sectors including power generation and steel manufacturing, but some of these haven’t materialised yet due to allegations of monopoly.

By Kestér Kenn Klomegâh

In an interview (Q&A) in mid-August 2025, Ms Tandiwe Thelma Mgxwati, Minister Plenipotentiary and Charge d’Affaires a.i. at the South African Embassy, discussed South Africa’s presidency of G20 and its influence on Africa, in the context of geopolitical changes. Tandiwe Mgxwati further underlined the African Union’s full membership in the G20 as an important organisational instrument through which to seriously seek G20’s support for infrastructure development, digital transformation, industrialisation, and innovation ecosystems—key elements of both Agenda 2063 and national development plans. Here are the interview excerpts:

What is the significance of South Africa’s presidency of the G20 in 2025?

South Africa’s presidency of the G20 in 2025 is of profound historical and geopolitical significance. It marks the first time an African country leads the G20 at Summit level since its inception in 1999, and it coincides with the African Union’s recent inclusion as a permanent G20 member in 2023. The South African presidency symbolises a growing recognition of Africa’s role in the global economy and affirms the need for more inclusive and representative international governance frameworks. For South Africa, the presidency is a platform to assert the voice of the Global South and demonstrate leadership in shaping multilateral responses to shared challenges including inequality, climate change, debt, and technology governance.

In institutional terms, South Africa’s presidency strengthens Africa’s ability to influence G20 policy outcomes and reform debates, particularly regarding the international financial architecture. It also consolidates South Africa’s profile as a credible bridge-builder between developed and developing economies. With the G20 Johannesburg Summit scheduled for 22-23 November 2025, this presidency presents an opportunity for Africa to shape global discussions on sustainable development and resilience in a time of polycrisis, while promoting solidarity between emerging economies and major powers. For the very same reasons, we are taking our G20 presidency to the African continent in three separate events planned for Egypt (on Food Security), Ethiopia (on the Compact with Africa) and Nigeria (on Industrialisation and Agriculture) later this year.

How does South Africa plan to push its own and that of Africa’s development ambitions within the context of the G20?

South Africa has defined the overarching theme of its presidency as “Solidarity, Equality, Sustainability”, capturing the urgent need to address historical development imbalances, promote inclusive growth, and respond to existential threats such as climate change. The country has identified three core Task Forces in the following fields : (1) Inclusive economic growth, industrialisation, and employment creation; (2) Food security (a critical issue for Africa); and (3) The governance and application of artificial intelligence and innovation for sustainable development. These priorities are fully aligned with the African Union’s Agenda 2063 and the United Nations Sustainable Development Goals.

To ensure alignment with African development objectives, South Africa has established a structured engagement process with the African Union Commission and African institutions such as the African Development Bank. The G20 Africa Advisory Group, revitalised under South African leadership, serves as a platform for advancing African priorities within the G20 Sherpa Track. Furthermore, South Africa is promoting coordination with BRICS partners, G77 members, and regional economic communities of Africa  to build a unified voice on key issues including debt restructuring, concessional finance, and technology transfer. The African Continental Free Trade Area (AfCFTA) is also being mainstreamed into G20 trade and investment discussions under South Africa’s chairmanship.

In the Finance track, we have also established a team to work on the Review of the Cost of Capital – a very important issue that needs special attention due to the heavy load carried by so many African countries when it comes to debt and the cost of serving it.

What are your assessment on the questions relating to G20 members boosting economic partnership with Africa?

There is growing recognition within the G20 that Africa must be seen as a partner for mutual prosperity rather than a passive recipient of aid. South Africa strongly supports the evolution of G20–Africa economic relations toward long-term, transformative partnerships that deliver industrial capacity, human capital development, and infrastructure integration. South Africa advocates for increased investment in regional value chains, climate-resilient agriculture, and sustainable energy systems, while pushing for fairer access to capital for African economies through multilateral development banks and reformed global rating systems.

In its role as G20 president, South Africa is actively encouraging G20 members to deepen their engagement with Africa by focusing on co-investment models, risk-sharing mechanisms, and blended finance arrangements that crowd in private capital. Africa’s demographic dividend and natural resource base present long-term opportunities for strategic economic partnerships. The Compact with Africa (CwA) initiative, launched under Germany’s G20 presidency in 2017, is being reviewed and revitalised under South African leadership to ensure it better aligns with African-led priorities and supports AfCFTA implementation. In this regard, we aim to further boost the CwA when we host a G20 event in Addis Ababa during the first week of September to focus exclusively on boosting the CwA work and membership of African countries in the Compact.

Do you think there is the possibility of tackling Africa’s challenges under South Africa’s G20 presidency?

Yes, some of the answers above already address this question.  South Africa’s presidency is expressly designed to address structural challenges faced by African countries and other developing nations. These include limited access to affordable long-term finance, vulnerability to climate and disaster shocks, constrained industrial development, and exclusion from global technology governance. Through both the Sherpa and Finance Tracks, South Africa is placing these issues at the centre of G20 deliberations and calling for stronger coordination with the United Nations, World Bank, International Monetary Fund, and regional institutions.

Specifically, the South African presidency is pushing for tangible G20 outcomes in areas such as debt relief for low-income countries, increased concessional climate finance, and support for developing countries in leveraging critical minerals for sustainable growth. The inclusion of digital public infrastructure and AI governance in the G20 agenda is another innovation, allowing for African perspectives on ethical technology development to be reflected. These efforts are being anchored through a G20-Africa Action Plan that sets clear deliverables and timelines.

What are Africa’s expectations from G20 members?

Africa’s expectations are based on principles of fairness, equity, and mutual interest. African countries expect G20 members to support reform of the international financial architecture, particularly around voting rights in Bretton Woods institutions, sovereign debt restructuring, and access to concessional finance. In addition, Africa seeks increased support for infrastructure development, digital transformation, industrialisation, and innovation ecosystems—key elements of both Agenda 2063 and national development plans.

There is also a strong expectation that G20 members will enhance investment in Africa’s energy transition, including natural gas as a transitional fuel, and provide resources for climate adaptation and resilience. The continent expects partnerships that create jobs, enable local value addition, and facilitate integration into global supply chains. Africa’s voice in setting international rules—whether in trade, AI, climate, or finance—must be amplified, and the African Union’s full membership in the G20 must now translate into institutional reforms that deliver concrete results.

Do you think the changing South Africa–United States diplomacy will influence these expectations?

South Africa’s foreign policy remains grounded in constitutional values, respect for sovereignty, multilateralism, and a commitment to global equity. While the current United States administration under President Donald Trump has adopted a more protectionist stance—including the imposition of 30% tariffs on selected South African exports—South Africa continues to engage constructively with all G20 partners, including the United States, through diplomatic, trade, and multilateral channels. The participation of the USA in our G20 calendar of events remain important to us as we believe that the entire G20 family should take ownership of the work and outcomes of our presidency, in addition, the USA will take over the G20 presidency from us and hence we need to have them onboard.

The South African government has taken note of the Trump administration’s critical rhetoric toward South Africa, particularly on domestic policies related to land reform, BRICS cooperation, and its posture on global geopolitical issues. However, these differences do not alter the continent’s structural development needs or the core agenda South Africa is advancing through the G20 and other formations such as BRICS and IBSA. Africa’s expectations—such as fairer trade rules, access to concessional finance, value addition in the supply chain processes, climate adaptation support, and inclusive technology governance—are long-standing and are shaped by collective African positions, not bilateral tensions. As G20 president, South Africa is committed to building consensus across ideological divides and ensuring that global economic governance delivers balanced outcomes, even amidst evolving bilateral dynamics. We believe that in this challenging geo-political climate, South Africa is the best country to lead the G20 group at this stage, our experience in shaping an inclusive democratic society in the early 1990’s is now serving us well.