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Exploring Russia’s Support of Africa’s Coupists

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Professor Sergiu Mișcoiu Russia Africa Coupists

By Kestér Kenn Klomegâh

In this insightful interview, Professor Sergiu Mișcoiu at the Faculty of European Studies, Babes-Bolyai University in Cluj-Napoca (Romania), where he serves as a Director of the Centre for International Cooperation and as Director of the Centre for African Studies, discusses the political situation in the French-speaking West African countries, the existing multiple challenges and Russia’s diplomacy within the context of current geopolitical changes and the scramble for influence in Africa. Here are the interview excerpts:

To begin with, what are your arguments that Russia supports military coup plotters (Burkina Faso, Mali, Niger et cetera) in Africa?

The logic behind backing the coups is quite evident and relates to the strategy of Russia to fight against the West and to (re)entrench itself in Africa. As the former presidents of the three countries have been supported by the United States, the European Union, and above all, France, the only strategic option of a Russian re-emerging empire opposing the West was to back all the anti-Western forces wherever they might act and whoever they would be.

Since the late 2000s, Russia has been increasingly preoccupied with preparing the ground for anti-Western operations. The progressive entrenchment of the Kremlin-guided paramilitary groups (starting with the infamously Groupe Wagner) in the Central African Republic, then in Mali and to a lesser extent in other parts of Central and Western Africa, has only been the visible peak of the iceberg.

More effective were the troll farms populating the sub-continent with pro-Russian influencers and deploying campaigns of disinformation, which targeted especially the French and UN contingents deployed to fight the jihadist groups. These campaigns contributed to turning the public opinions of those states against the West and more importantly against their presidents, who were denounced as being the “Occident’s puppets”.

While the operations of the coups themselves were most probably not directly coordinated by Russia, the attitude of the national military forces and of the mass of demonstrators who backed the coups was shaped by Russia. The fact that the new juntas in power immediately made declarations and gestures (such as state visits) of rapprochement towards Russia testifies once more of a mechanical convergence of interests between the new strongmen in Bamako, Ouagadougou and Niamey, to which Russia has abundantly contributed over the last decade.

As it explicitly shows, Russia is seemingly interested in military governance in Africa. Does that set the precedence for future military takeovers in Africa?

The outcome of the coups in the three Sahel states encouraged Russia to pursue its strategy in other African countries. Nonetheless, the dismantlement of the Wagner Group and the difficult reorganization of its remaining elements made the Kremlin’s task more difficult, as some axes of penetration into the decision-making and military milieus of the African countries have been strongly shaken, although the new high responsible for the operations, Vladimir Alexeyev, makes substantive efforts to regain control over the remaining networks.

Moreover, the amplitude of Dimitri Prigozhin’s finally aborted rebellion against the Kremlin raised some questions in the minds of many African political, business and military supporters of Moscow. Among those questions, the most important is the following: If the Russian regime itself was on the verge of facing a military attack against its capital, how could it guarantee our support in the eventual case we will try to conduct coups similar to those in the Sahel countries? Consequently, the other would-be putschists’ enthusiasm for following the Sahelian coups’ path has naturally diminished.

Do transitions from democratic governance to military governments have any meaning for fighting growing trends of neo-colonialism in Africa?

Neo-colonialism in Africa has been a growing reality since the end of the Cold War and reached a pinnacle by the early 2000s. Then, the combined effects of September 11 and the anti-neocolonial activism of some leaders such as Laurent Gbagbo in the Ivory Coast rebalanced the power relations making the West increasingly dependent on the strategic support of the “friendly” African heads of state.

More salient in the case of the former French colonies, this process could be suggestively described by the transformation of the “Françafrique” into the “Afrique-France”, with Gabon’s historical leader Omar Bongo gaining unprecedented leverage, going so far as he was able to influence the composition of the French governments of those times. But once again, this page was turned with the world economic crisis of 2008-2011 and with the considerable growth of the jihadist attacks, leading to the destabilization of Mali and the risk of generalization over the entire Sahelian region.

The French-led anti-jihadist operations Serval and then Barkhane, deployed in Mali and reshaped later on into an international security task force with a wider focus on the Sahel, have implicitly deprived to some extent the democratically elected presidents of Niger, Burkina and Mali of their autonomy in matters related to national security and political strategy. This was seen by many as the ultimate proof of the return to colonialism. As the results of the fight against Islamist terrorism have been increasingly modest, especially after 2019, the contestation of the Western-backed presidents has become widespread at different levels of society, of the institutions and of the security forces. This explains the popular support for the series of coups perpetrated in the three countries and shows the important potential that anti-neo-colonialism has as a galvanizer of the discontented peoples of Africa.

Despite the above narratives, do you think the 15-member regional economic bloc, must be firm with the ‘Silence-the-Guns’ policy adopted several years ago by the African Union?

The Economic Community of West African States (ECOWAS) was caught in the trap of its transformation from a quasi-economic organization to a semipolitical one. If by 2010, the policy of sanctions against illegitimate governments and the direct interventions it operated (like the one in The Gambia against the former president Yahya Jammeh, who refused to leave power after losing the elections in 2017) encountered a relative success, the more recent policies proved inefficacious, culminating with the July 2023 postponed and ultimately cancelled intervention against the putsch in Niger. The legitimacy of ECOWAS has been strongly contested by the new military regimes. At the same, the ‘Silence-the-Guns’ AU-inspired policy has proved idealist, especially when it comes to the conflicts in the Sahel that multiplied “under the watch” of the two organizations.

A research report from the South African Institute of International Affairs (SAIIA) describes Russia as ‘a virtual investor’ in Africa, most of its limitless pledges and several bilateral agreements largely aimed at luring (woo-ing) African states and leaders to support its ‘special military operation’ in neighbouring Ukraine. What are your expert views and arguments here?

Vladimir Putin has intended to restore the mightiness of the Soviet Union, including its influence over the African continent. But unlike the USSR, Russia didn’t and doesn’t dispose of the financial and logistic resources needed to massively invest in the key sectors. To compensate for its economic debility, the

The Kremlin inaugurates almost insignificant but ostentatious investment projects and at the same aggressively promotes the anti-Western discourse (“Russia helps, the West takes”).

Moreover, it uses the dependence of several African countries on Russian cereals to “adjust” their positions about the illegal Russian war against Ukraine, especially when it comes to votes taken in the UN General Assembly. A strategy of combination between the Russian para-military presence and massive resource grabbing was applied in the Central African Republic (CAR), where President Faustin-Archange Touadéra saved his seat by relying on a Russian praetorian guard, while in exchange he accepted to formally or informally grant extended rights of exploitation of many gem mines to the companies led by Kremlin-friendly oligarchs, who are the new de facto rulers of the respective mining areas and implicitly of some wider regions in the CAR. Seen as a “laboratory” for the further expansion of this toxic model, the CAR is praised by the Russian military-business elites, who suffer because of the international sanctions, as an Eldorado, proving once again the particularly aggressive neocolonial strategy that Moscow is implementing while criticizing the West.

In practical terms and compared to China, do you think Russia has made a visible impact on the economy and infrastructure development in the continent since the collapse of the Soviet era in 1991?

China has disposed of important financial resources and has been at least between the 1990s and the end of the 2010s incomparably less violent than Russia in spreading its influence all over the African continent. Being led by a regime that spoused the “state capitalist” system, China was capable of using most opportunities provided by the intensive globalization process to extend its presence and consolidate its soft economic power. It succeeded in impressing via its investments in the road and railway infrastructures, in ports, in some major public buildings and other sectors. As compared to China, Russia made almost no difference through its modest investments and bet its entire strategy on this mixture of, on one hand, the renewal of the former USSR networks and the reification of the Soviet past, and on the other, the direct intrusion in the domestic conflicts of the most vulnerable African states.

Can we conclude this discussion with the significance of peace, justice and strong state institutions (UN SDG 16), what has been achieved over the past few years, the challenges and the way forward in West Africa?

Unfortunately, SDG 16 is an untouchable horizon for most African states at this stage. The return of the jihadist threat in several regions of the Sahel, Western Sahara, but also Central and Western Africa, with the extension of the operations of various groups affiliated with Al-Qaeda, ISIS or Boko Haram has engendered an important security crisis that crucially affected the stability of the African states.

The series of coup d’états and unconstitutional replacements of the former or acting leaders (in Guinea, Mali, Burkina Faso, Chad and Niger) was a response to the ineptitude of the democratic institutional settings to guarantee the basic rights of the citizens, starting with the rights to live and security. The new geopolitical thick division caused by the 2022 Russian invasion of Ukraine contributed to the aggravation of the security context, especially in terms of food and human security, and deprived many African governments of their capacity to negotiate with multiple actors at different levels, as they are now constrained to pick sides and to act accordingly, like during the Cold War era. If the actual trends continue, I am not optimistic at all about the possibility of getting closer to meeting this SDG.

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Trump’s Tariffs, Russia and Africa Trade Cooperation in Emerging Multipolar World

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Trump's Tariffs

By Kestér Kenn Klomegâh

With geopolitical situation heightening, trade wars are also becoming increasingly prominent. The 47th United States President Donald Trump has introduced trade tariffs, splashed it over the world. China, an Asian trade giant and an emerging economic superpower, has its highest shared.

South Africa, struggling with its fragile foreign alliances, is seriously navigating the new United States economic policy and trade measures, at least to maintain its membership in the African Growth and Opportunities Act (AGOA) which is going to expire in September 2025.

It is a well-known fact that AGOA waived duties on most commodities from Africa in order to boost trade in American market. The AGOA also offers many African countries trade preferences in the American market, earning huge revenues for their budgets. Financial remittances back to Africa also play mighty roles across the continent from the United States.

That however, the shifting geopolitical situation combined with Trump’s new trade policies and Russia’s rising interest in Africa, the overarching message for African leaders and business corporate executives is to review the level of degree how to appreciably approach and strengthen trade partnership between Africa and Russia.

The notion of a new global order and frequently phrased multipolar world, indicating the construction of a fairer architecture of interaction, in practical terms, has become like a relic and just as a monumental pillar. Even as we watch the full-blown recalibration of power, the geopolitical reshuffling undoubtedly creates the conditions for new forms of cooperation.

In this current era of contradictions and complexities we are witnessing today, we must rather reshape and redefine rules and regulations to facilitate bilateral and multilateral relations between African countries and Russia, if really Russia seeks to forge post-Soviet strategic economic cooperation with Africa.

In fact, post-Soviet in the sense that trade is not concentrate on state-to-state but also private – including, at least, medium scale businesses. The new policy dealing with realities of the geopolitical world, distinctively different from Soviet-era slogans and rhetorics of ‘international friendship and solidarity’ of those days.

Bridging Africa and Russia, at least in the literal sense of the word, necessitates partial departure from theoretical approach to implementing several bilateral and multilateral decisions, better still agreements reached at previous summits and conferences during the past decade.

Understandably Africa has a stage, Russia termed ‘the struggle against neo-colonial tendencies’ and mounting the metal walls against the ‘scrambling of resources’ across Africa. Some experts argued that Africa, at the current stage, has to develop its regions, modernize most the post-independence-era industries to produce exportable goods, not only for domestic consumption. Now the emphasis is on pushing for prospects of a single continental market, the African Continental Free Trade Agreement (AfCFTA).

This initiative, however, must be strategically and well-coordinated well, and here I suggest integration and cooperation starting at country-wide basis to regional level before it broadly goes to the entire continent, consisting 54 independent states.

These are coordinated together as African Union (AU), which in January 2021 initiated the African Continental Free Trade Agreement (AfCFTA). With this trading goals in mind, Africa as a continent has to integrate, promote trade and economic cooperation, engage in investment and development. In that direction, genuine foreign partners are indiscriminately required, foreign investment capital in essential for collaboration as well as their entrepreneurial skills and technical expertise.

For instance, developing relations with Asian giants such China and India, the European Union and the United States. A number of African countries are shifting to the BRICS orbit, in search for feasible alternative opportunities, for the theatrical trade drama. In the Eurasian region and the former Soviet space, Kazakhstan and Russia stand out, as potential partners, for Africa.

Foreign Affairs Minister Sergey Lavrov has said, at the podium before the staff and students at Moscow State Institute of International Affairs in September, that trade between Russia and Africa would grow further as more and more African partners continued to show interest in having Russians in the economic sectors in Africa. This provides greater competition between the companies from Western countries, China, and Russia. With competition for developing mineral resources in Africa, it is easier and cheaper for African colleagues to choose partners.

As far back in October 2010, Russian Foreign Affairs Ministry posted an official report on its website that traditional products from least developed countries (including Africa) would be exempted from import tariffs. The legislation stipulated that the traditional goods are eligible for preferential customs and tariffs treatment.

Thereafter, Minister Sergey Lavrov has reiterated, in speeches, trade preferences for African exporters, but terribly failed to honour these thunderous promises. Notwithstanding the above granting trade preferences, there prevailing multitude of questions relating to the pathways of improving trade transactions, and removing obstacles including those Soviet-era rules and regulations.

Logistics is another torny hurdle. Further to this, Russian financial institutions can offer credit support that will allow to localize Russian production in Africa’s industrial zones, especially southern and eastern African regions that show some stability and have good investment and business incentives.

In order to operate more effectively, Russians have to risk by investing, recognize the importance of cooperation on key investment issues and to work closely on the challenges and opportunities on the continent. On one hand, analyzing the present landscape of Africa, Russia can export its technology and compete on equal terms with China, India and other prominent players. On the other hand, Russia lacks the competitive advantage in terms of finished industrial (manufactured) products that African consumers obtain from Asian countries such as China, India, Japan and South Korea.

Compared to the United States and Europe, Russia did very little after the Cold War and it is doing little even today in Africa. On 27th–28th July 2023, St Petersburg hosted the second Russia-Africa summit. At the plenary session, President Vladimir Putin underscored the fact that there was, prior to the collapse of the Soviet, there were over 330 large infrastructure and industrial facilities in Africa, but most were lost. Regarding trade, Putin, regrettably, noted Russia’s trade turnover with the African countries increased in 2022 and reached almost US$18 billion, (of course, that was 2022).

Arguably, Russia’s economic presence is invisible across Africa. It currently has insignificant trade statistics. Until the end of the first quarter of 2025, Russia still has a little over $20 billion trade volume with Africa. Statistics on Africa’s trade with foreign countries vary largely.

For example, the total United States two-way trade in Africa has actually fallen off in recent years, to about $60 billion, far eclipsed by the European Union with over $240 billion, and China more than $280 billion, according to a website post by the Brookings Institution.

According to the African Development Bank, Africa’s economy is growing faster than those of any other regions. Nearly half of Africa is now classified as middle income countries, the numbers of Africans living below the poverty line fell to 39 percent as compared to 51 percent in 2023, and around 380 million of Africa’s 1.4 billion people are now earning good incomes – rising consumerism – that makes trade profitable.

Nevertheless, there is great potential, as African leaders and entrepreneurial community are turing to Russia for multifaceted cooperation due to the imperialist approach of the United States and its hegemonic stand triggered over the years, and now with Trump new trade tariffs and Washington’s entire African policy.

China has done its part, Russia has to change and adopt new rules and regulations, pragmatic approach devoid of mere frequent rhetorics. It is important discussing these points, and to shamelessly repeat that both Russia and Africa have to make consistent efforts to look for new ways, practical efforts at removing existing obstacles that have impeded trade over the years.

Sprawling from the Baltic Sea to the Pacific Ocean, Russia is a major great power and has the potential to become a superpower. Russia can regain part of its Soviet-era economic power and political influence in present-day Africa.

Certainly, the expected superpower status has to be attained by practical multifaceted sustainable development and by maintaining an appreciably positive relations with Africa. We have come a long way, especially after the resonating first summit (2019 and high-praised second summit (2023), several bilateral agreements are yet to be implemented. The forthcoming Russia – Africa Partnership summit is slated for 2026, inside Africa and preferably in Addis Ababa, Ethiopia.

Kestér Kenn Klomegâh is a frequent and passionate contributor. During his professional career as a researcher specialising in Russia-Africa policy, which spans nearly two decades, he has been detained and questioned several times by Russian federal security services for reporting facts. Most of his well-resourced articles are reprinted in a number of reputable foreign media.

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Tariff War Threatens Global Economy, US-China Goods Trade By 80%—WTO DG

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Okonjo-Iweala

By Adedapo Adesanya

The Director General of the World Trade Organization (WTO), Mrs Ngozi Okonjo-Iweala, has said the US-China tariff war could reduce trade in goods between the two economic giants by 80 per cent and hurt the rest of the world economy.

President Donald Trump raised tariffs on China to 125 per cent on Wednesday as the world’s two largest economies fought over retaliatory levies.

The American President earlier ramped up duties on Chinese goods to 104 per cent, only to hike them further when China retaliated by raising tariffs on US imports to 84 per cent.

In a social media post announcing the moves, President Trump said China had been singled out for special treatment because of “the lack of respect that China has shown to the world’s markets.”

In her reaction to the development, the WTO DG said in a statement that, “The escalating trade tensions between the United States and China pose a significant risk of a sharp contraction in bilateral trade. Our preliminary projections suggest that merchandise trade between these two economies could decrease by as much as 80 per cent.”

She said the United States and China account for three per cent of world trade and warned that the conflict could “severely damage the global economic outlook”.

Even as he slapped further tariffs on China, Mr Trump paused higher tariffs on the rest of the world for 90 days, claiming that dozens of countries reached out for negotiations.

Mrs Okonjo-Iweala warned that the world economy risked breaking into two blocs, one centred around the United States and the other China.

“Of particular concern is the potential fragmentation of global trade along geopolitical lines. A division of the global economy into two blocs could lead to a long-term reduction in global real GDP by nearly seven percent,” she said.

She urged all WTO members “to address this challenge through cooperation and dialogue.”

“It is critical for the global community to work together to preserve the openness of the international trading system.”

“WTO members have agency to protect the open, rules-based trading system. The WTO serves as a vital platform for dialogue. Resolving these issues within a cooperative framework is essential,” she added.

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AFC Tops $1bn Revenue in 2024 Financial Year

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Africa Finance Corporation

By Adedapo Adesanya

Africa Finance Corporation (AFC), the continent’s top infrastructure solutions provider, has announced its strongest financial performance to date, with total revenue for the year ended December 31, 2024 surpassing $ 1 billion for the first time in its history.

This record performance marks a significant milestone in AFC’s mission to close Africa’s infrastructure gap through scalable, de-risked investments that attract global capital and deliver tangible development outcomes.

The corporation posted a 22.8 per cent increase in total revenue to US$1.1 billion and a 22.3 per cent rise in total comprehensive income to $400 million, up from $327 million in 2023.

AFC’s earnings growth was driven by improved asset yields, prudent cost-of-funds management and sustained traction in advisory mandates.

Further significant financial highlights include net interest income up 42.5 per cent to $ 613.6 million; fee and commission income rose to $109 million, the highest in over five years; operating income climbed 42.7 per cent to $709.7 million; total assets reached a record $14.4 billion, a 16.7 per cent year-on-year increase; liquidity coverage ratio strengthened to 194 per cent, providing over 34 months of cover; and cost-to-income ratio improved to 17.3 per cent from 19.6 per cent in 2023.

According to a statement, AFC said throughout 2024 it continued to scale its impact by mobilising capital for landmark projects across energy, transport, and natural resources.

These included the Lobito Corridor – a cross-border railway development spanning Angola, the Democratic Republic of Congo (DRC), and Zambia. AFC led the initiative to secure a concession agreement within one year of the initial Memorandum of Understanding (MoU), an unprecedented achievement for a project of its scale. In the DRC, AFC also invested $150 million in the Kamoa-Kakula Copper Complex, Africa’s largest copper producer and one of the most sustainable globally, thanks to its high-grade ore and renewable-powered smelter.

Other milestones transactions included financing support for the commissioning of the Dangote Refinery, the largest in Africa, and continued progress on AFC-backed Infinity Power Holding’s 10 GW clean energy ambition, with power purchase agreements secured in Egypt and South Africa.

AFC also invested in the 15GW Xlinks Morocco-UK Power Project, providing $14.1 million to support early-stage development of a transcontinental renewable energy pipeline between North Africa and Europe.

AFC strengthened its capital base and expanded its investor network through several landmark funding initiatives. These included a $ 1.16 billion syndicated loan – the largest in its history, a $500 million perpetual hybrid bond issue, and the successful execution of Nigeria’s first-ever domestic dollar bond, which raised $900 million at 180 per cent oversubscription.

AFC also returned to the Islamic finance market after eight years, closing a $400 million Shariah-compliant facility.

The year also saw strong momentum in equity mobilisation, with $181.8 million in new capital raised from ten institutional investors. These included Turk Eximbank – AFC’s first non-African sovereign shareholder – the Arab Bank for Economic Development in Africa (BADEA), and several major pension funds spanning Cameroon, Seychelles, Mauritius, and South Africa. Ratings agencies affirmed AFC’s robust credit profile, with AAA ratings from S&P Global (China) and China Chengxin International, and a stable A3 Outlook from Moody’s.

Speaking on the result, Ms Samaila Zubairu, President & CEO of AFC said, “These results send a clear message that strategic investment in African infrastructure creates lasting value for both beneficiaries and investors.”

“In 2024, we exceeded the billion-dollar revenue mark, delivered game-changing projects, and reinforced our financial resilience—demonstrating the scalability of our unique model that blends purpose with performance to accelerate Africa’s economic transformation,” she added.

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