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G5 Sahel West African Countries Bartering Mines for Russia’s Military Equipment

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G5 Sahel West African countries

By Kestér Kenn Klomegâh

In his series of end-year review reports, Special Presidential Representative for the Middle East and Africa, Mikhail Bogdanov, told local Russian media that Russia would continue its interaction with G5 Sahel West African countries to fight terrorism as a terrorist threat in the region had not subsided and the West’s military presence was “not so effective” in Africa.

“Moscow will continue its interaction with the G5 Sahel (Mali, Burkina Faso, Niger, Chad and Mauritania) on arms supplies to fight terrorism. Naturally, there will be contacts with the G5 Sahel,” Bogdanov told the Russian media and noted that the group was undergoing “some internal structural changes” currently because problems had arisen over Mali’s participation.

“We have bilateral communication with all the countries of the five. We will see what format will be optimal for our partners. Interaction here is largely focused on the fight against terrorism and extremism because this Sahara-Sahel zone has become a hotbed of international terrorism and, of course, because of the collapse of Libya’s statehood and the spread of these processes to the south,” he said.

Over the past several years, the Russian Foreign Ministry has strengthened military-technical cooperation, a key part of the foreign policy of the Russian Federation with Africa. It has oftentimes explained in statements released on its website that Russia’s military-technical cooperation with African countries is primarily directed at settling regional conflicts and preventing the spread of terrorist threats, and fighting the growing terrorism in the continent.

It is broadening its geography of military diplomacy covering poor African countries and especially fragile States that need Russia’s military assistance. It has signed bilateral military-technical cooperation agreements with more than 20 African countries, according to several reports.

Some policy experts have said that African society is suffering through weak institutions and terrorism challenges due to alienation from political governance and lack of equal opportunity in community affairs. For instance, countries such as Nigeria, Niger, Burkina Faso, Mali, the Central African Republic and many others have loose holds of the government and have deliberately created the political environment for terrorist organizations to flourish in Africa.

The basic polity of many African countries is not up to the mark. There are state institutions, departments and agencies like law enforcement bodies, regulatory agencies and judiciary suffering from the chronic dysfunctional mechanism which needs immediate focus to address challenges of terrorism and terror funding. Therefore, fighting terrorism should be analyzed and raising the functioning levels of institutions as well as the development of society.

Chairperson of the African Union Commission, Moussa Faki Mahamat, has reiterated the necessity of creating regional forces for fighting terrorist groups but added that the African armies are still under-equipped. “It is important that external partners listen to the cries of Africa and operate within the framework of the organization when it comes to the extension support in dealing with this scourge,” he stressed.

Somalia’s President, Hassan Sheikh Mohamud, also spoke about how the terrorist group, al-Shabaab, controlled large portions of Somalia’s rural areas. “Shabaab, or terrorists anywhere they are, cannot be defeated militarily only,” he said.

Mozambican President Filipe Nyusi was very outspoken and shared valuable experiences about the use of well-constituted regional military forces for enforcing peace and security in Mozambique. Creating regional military forces to fight threats of terrorism will absolutely not require bartering entire gold or diamond mines for the purchase of military equipment from external countries.

Now, Mozambique has relative peace and stability after the 16-member Southern African Development Community (SADC) finally approved the deployment of a joint military force with the primary responsibility of ensuring peace and stability and for restoring normalcy in the Cabo Delgado province, northern Mozambique.

It involves troops from Rwanda and the Southern African Development Community Military Mission (SAMIM). Rwanda offered 1,000 in July 2021. South Africa has the largest contingent of around 1,500 troops. External countries are, of course, enormously helping to stabilize the situation in Mozambique.

The Joint Forces of the Southern African Development Community are keeping peace in northern Mozambique. The rules, standards and policies, provision of assistance, as well as the legal instruments and practices, are based on the protocols of building security stipulated by the African Union. It, therefore, falls within the framework of peace and security requirements of the African Union.

Ahead of the next Russia-Africa Summit in St Petersburg in July 2023, the South African Institute of International Affairs (SAIIA) has published a special report on Russia-Africa. The report titled – Russia’s Private Military Diplomacy in Africa: High Risk, Low Reward, Limited Impact – says that Russia’s renewed interest in Africa is driven by its quest for global power status. Few expect Russia’s security engagement to bring peace and development to countries with which it has security partnerships.

While Moscow’s opportunistic use of private military diplomacy has allowed it to gain a strategic foothold in partner countries successfully, the lack of transparency in interactions, the limited scope of impact and the high financial and diplomatic costs expose the limitations of the partnership in addressing the peace and development challenges of African host countries, the report says.

The report authored by Ovigwe Eguegu, a Beijing-based Nigerian Researcher on Politics and International Affairs, focused on the use of private military companies to carry out ‘military diplomacy’ in African states, and the main research questions were: What impact is Russia’s private military diplomacy in Africa having on host countries’ peace and development? Why has Russia chosen military diplomacy as the preferred means to gain a foothold on the continent?

His report was based on more than 80 media publications dealing with Russia’s military-technical cooperation in Africa. He interrogates whether fragile African states advance their security, diplomatic and economic interests through a relationship with Russia.

Overcoming the multidimensional problems facing Libya, Sudan, Somali, Mali, and the Central African Republic will require comprehensive peace and development strategies that include conflict resolution and peacebuilding, state-building, security sector reform, and profound political reforms to improve governance and the rule of law – not to mention sound economic planning critical for attracting foreign direct investment needed to spur economic growth.

The United Nations (UN), the African Union (AU), the Economic Community of West African States (ECOWAS) and the entire international community have expressed collective concerns about any use of private mercenary forces, instead strongly suggested the use of well-constituted regional forces approved by regional blocs, as a means of addressing conflicts in Africa. The G5 Sahel are Burkina Faso, Chad, Mali, Mauritania and Niger.

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Comviva Wins at IBSi Global FinTech Innovation Award

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Rajesh Chandiramani

By Modupe Gbadeyanka

For transforming cross-border payments through its deployment with Global Money Exchange, Comviva has been named Best In-Class Cross Border Payments.

The global leader in digital transformation solutions clinched this latest accolade at the IBS Intelligence Global FinTech Innovation Award 2025.

The recognition highlights how Comviva’s mobiquity Pay is helping shape a modern cross-border payment ecosystem that stretches far beyond conventional remittance services.

Deployed as a white label Wallet Platform and launched as Global Pay Oman App, it fulfils GMEC’s dual vision—positioning itself as an innovative payment service provider while digitally extending its core money transfer business.

The solution allows GMEC to offer international money transfers alongside seamless forex ordering and other services. These capabilities sit alongside a broad suite of everyday financial services, including bill and utility payments, merchant transactions, education-related payments, and other digital conveniences — all delivered through one unified experience.

“This award is a testament to Oman’s accelerating digital transformation and our commitment to reshaping how cross-border payments serve people and businesses across the Sultanate.

“By partnering with Comviva and bringing the Global Pay Oman Super App, we have moved beyond traditional remittance services to create a truly inclusive and future-ready financial ecosystem.

“This innovation is not only enhancing convenience and transparency for our customers but is also supporting Oman’s broader vision of building a digitally empowered economy,” the Managing Director at Global Money Exchange, Subromoniyan K.S, said.

Also commenting, the chief executive of Comviva, Mr Rajesh Chandiramani, said, “Cross-border payments are becoming a daily necessity, not a niche service, particularly for migrant and trade-linked economies.

“This recognition from IBS Intelligence validates our focus on building payment platforms that combine global reach with local relevance, operational resilience and a strong user experience. The deployment with Global Money Exchange Co. demonstrates how mobiquity® Pay enables financial institutions to move beyond remittances and deliver integrated digital services at scale.”

“The deployment of mobiquity Pay for GMEC showcases how scalable, API-driven digital wallet platforms can transform cross-border payments into seamless, value-rich experiences.

“By integrating remittances, bill payments, forex services, and AI-powered engagement into a unified Super App, Comviva has reimagined customer journeys and operational agility.

“This Best-in-Class Cross-border Payments award win stands as a testament to Comviva’s excellence in enabling financial institutions to compete and grow in a digitally convergent world,” the Director for Research and Digital Properties at IBS Intelligence, Nikhil Gokhale, said.

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Russia Renews Africa’s Strategic Action Plan

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Russia Africa's Strategic Action Plan

By Kestér Kenn Klomegâh

At the end of an extensive consultation with African foreign ministers, Russian Foreign Minister, Sergey Lavrov, has emphasized that Moscow would advance its economic engagement across Africa, admittedly outlining obstacles delaying the prompt implementation of several initiatives set forth in Strategic Action Plan (2023-2026) approved in St. Petersburg during the Russia-Africa Summit.

The second Ministerial Conference, by the Russian Foreign Ministry with support from Roscongress Foundation and the Arab Republic of Egypt, marked an important milestone towards raising bilateral investment and economic cooperation.

In Cairo, the capital city of the Arab Republic of Egypt, Lavrov read out the final resolution script, in a full-packed conference hall, and voiced strong confidence that Moscow would achieve its strategic economic goals with Africa, with support from the African Union (AU) and other Regional Economic blocs in the subsequent years. Despite the complexities posed by the Russia-Ukraine crisis, combined with geopolitical conditions inside the African continent, Moscow however reiterated its position to take serious steps in finding pragmatic prospects for mutual cooperation and improve multifaceted relations with Africa, distinctively in the different sectors: in trade, economic and investment spheres, education and culture, humanitarian and other promising areas.

The main event was the plenary session co-chaired by Russian Foreign Minister Sergey Lavrov and Egyptian Minister of Foreign Affairs, Emigration, and Egyptians Abroad Bashar Abdelathi. Welcome messages from Russian President Vladimir Putin and Egyptian President Abdelhak Sisi were read.

And broadly, the meeting participants compared notes on the most pressing issues on the international and Russian-African agendas, with a focus on the full implementation of the Russia-Africa Partnership Forum Action Plan for 2023-2026, approved at the second Russia-Africa Summit in St. Petersburg in 2023.

In addition, on the sidelines of the conference, Lavrov held talks with his African counterparts, and a number of bilateral documents were signed. A thematic event was held with the participation of Russian and African relevant agencies and organizations, aimed at unlocking the potential of trilateral Russia-Egypt-Africa cooperation in trade, economic, and educational spheres.

With changing times, Africa is rapidly becoming one of the key centers of a multipolar world order. It is experiencing a second awakening. Following their long-ago political independence, African countries are increasingly insisting on respect for their sovereignty and their right to independently manage their resources and destiny. Based on these conditions, it was concluded that Moscow begins an effective and comprehensive work on preparing a new three-year Cooperation and Joint Action Plan between Russia and Africa.

Moreover, these important areas of joint practical work are already detailed in the Joint Statement, which was unanimously approved and will serve as an important guideline for future work. According to reports, the Joint Statement reflects the progress of discussions on international and regional issues, as well as matters of global significance.

Following the conference, the Joint Statement adopted reflects shared approaches to addressing challenges and a mutual commitment to strengthening multifaceted cooperation with a view to ensuring high-quality preparation for the third Russia-Africa Summit in 2026.

On December 19-20, the Second Ministerial Conference of the Russia-Africa Partnership Forum was held in Cairo, Egypt. It was held for the first time on the African continent, attended by heads and representatives of the foreign policy ministries of 52 African states and the executive bodies of eight regional integration associations.

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TikTok Signs Deal to Avoid US Ban

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Forex Advice on TikTok

By Adedapo Adesanya

Social media platform, TikTok’s Chinese owner ByteDance has signed binding agreements with United States and global investors to operate its business in America.

Half of the joint venture will be owned by a group of investors, including Oracle, Silver Lake and the Emirati investment firm MGX, according to a memo sent by chief executive, Mr Shou Zi Chew.

The deal, which is set to close on January 22, 2026 would end years of efforts by the US government to force ByteDance to sell its US operations over national security concerns.

It is in line with a deal unveiled in September, when US President Donald Trump delayed the enforcement of a law that would ban the app unless it was sold.

In the memo, TikTok said the deal will enable “over 170 million Americans to continue discovering a world of endless possibilities as part of a vital global community”.

Under the agreement, ByteDance will retain 19.9 per cent of the business, while Oracle, Silver Lake and Abu Dhabi-based MGX will hold 15 per cent each.

Another 30.1 per cent will be held by affiliates of existing ByteDance investors, according to the memo.

The White House previously said that Oracle, which was co-founded by President Trump’s supporter Larry Ellison, will license TikTok’s recommendation algorithm as part of the deal.

The deal comes after a series of delays.

Business Post reported in April 2024 that the administration of President Joe Biden passed a law to ban the app over national security concerns, unless it was sold.

The law was set to go into effect on January 20, 2025 but was pushed back multiple times by President Trump, while his administration worked out a deal to transfer ownership.

President Trump said in September that he had spoken on the phone to China’s President Xi Jinping, who he said had given the deal the go ahead.

The platform’s future remained unclear after the leaders met face to face in October.

The app’s fate was clouded by ongoing tensions between the two nations on trade and other matters.

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