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Maghreb is Russia’s Source of Economic, Political Opportunities—Chtatou

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Maghreb Chtatou Mohamed

By Kester Kenn Klomegah

The Maghreb region, with an estimated population of over 100 million people, has been an interesting geographical region for key global players due to its tremendous untapped natural resources.

Algeria, Libya, Mauritania, Morocco, and Tunisia established the Arab Maghreb Union in 1989 to promote cooperation and economic integration.

The union included Western Sahara implicitly under Morocco’s membership and ended Morocco’s long cold war with Algeria over this territory. However, this progress was short-lived, and the union is now dormant.

However, the region is an important gateway to Europe and to sub-Saharan Africa. Europe particularly has some investment, so also the United States.

Now Russia is steadily making its way through war-torn Libya and politically troubled Morocco and Tunisia. That compared Russia has significant trust-based relations with Egypt.

As Russia feverishly preparing for the second all-African leaders’ summit, Kester Kenn Klomegah held an emailed insightful interview focusing on some aspects of Russia-Maghreb relations with Dr Chtatou Mohamed, a senior professor of Middle Eastern politics at the International University of Rabat (IUR) as well as education science at Mohammed V University in Rabat, Morocco. The following are excerpts from the interview:

In terms of geopolitical diplomacy, how do we assess Russia’s interest and approach since the Soviet collapse in the Maghreb region? Do the current political changes pose challenges for Russia?

Given its geographical remoteness, the Maghreb did not constitute – unlike the Middle East – a pole of major strategic interest for the Soviet Union, and this until the period of decolonization in the 1950s.

From this point on, and especially with the Algerian war of independence, Moscow began to invest in this sub-region of the Arab world. In fact, as in the Mashreq, the Soviet position strategic criteria, which explained the choice of a partnership with Algeria as early as 1962, and then, to a lesser extent, with Colonel Qadhafi’s Libya after he took power in 1969.

However, it was more in the name of the “anti-imperialist” struggle than of real ideological proximity that these alliances were formed. Indeed, during the entire Cold War period, Soviet power could not count on local relays to strengthen its influence.

The Maghrebi parties of communist persuasion were indeed far from having the weight and influence of their Middle Eastern counterparts, such as in Iraq or Iran. They were promptly removed from power and even repressed after independence, even if some of their leaders were later co-opted by the regimes in place, particularly in Morocco and Algeria.

Nevertheless, the revolutionary Third Worldism claimed by Algiers as well as by Tripoli, even if it did not claim to be based on Marxist-Leninist ideology, was perceived by the USSR as conforming to its interests and its politico-strategic projections.

For all that, the leaders of the two “friendly” Maghreb countries, while taking into account the interest that extended cooperation with Moscow (which also passed by links with satellite countries of Eastern Europe, particularly in terms of security with the German Democratic Republic), they were careful to keep a certain distance from this partner, refusing any form of subjection according to the principles of non-alignment.

Today, the Maghreb is not a fundamental interest for Russia, but rather a source of economic and political opportunities. The Russian redeployment in the Maghreb, which began during Vladimir Putin’s second term in 2004 and has been over the last decade, relies on new vectors, distinct from the old anti-imperialist aura from which the Soviet Union had benefited in Algeria and Libya. Three, in particular, stand out: (1) Investment in the economic sphere; (2) Increased cooperation in the security field, and; (3) A shared vision of international and regional issues.

Today, the federal state of Russia is increasingly present in the countries of North Africa; strategic partnership with Algeria, Morocco and Egypt, and is among the key players in the Libyan crisis.

Russia and the Maghreb countries seek above all to cultivate their economic relations. These relations cover various fields such as energy, agricultural products, tourism, space or, in the case of Algeria, the sale of arms.

For Moscow, this also responds to the need to deal with the sanctions of the European Union imposed following the annexation of Crimea in 2014, seeking alternatives to European products, especially agro-food. Russia meets a similar desire on the Maghreb side, where there is a desire to diversify the partnerships dominated until now by the countries of the European Union.

In 2016, Russia thus became, bypassing France, the first supplier of wheat to Algeria and has remained so since. It should be noted that the Russian economic projection in the region does not necessarily respond to a state strategy driven by the Kremlin, but often satisfies commercial ambitions in search of new opportunities, although the political authorities can facilitate contacts with the various Maghrebi economic actors.

The North African countries have considerably developed their relations with Russia, as they did before with China, without however prohibiting themselves from cooperating with the other Western powers. Their objective is to take advantage of any opportunity that arises to develop their economies and avoid remaining aligned and dependent on a single pole as in the days of the Cold War, given that the world is increasingly multipolar.

Therefore, questions arise, what are the mutual interests behind this revival in relations between Russia and the countries of North Africa, and what are the future prospects of these relations?

Russia has a war fleet and a merchant fleet in the Black Sea. This sea is located between Europe, the Caucasus and Anatolia, it is a semi-enclosed sea since it only communicates with the Mediterranean through the Bosphorus Strait, the Sea of Marmara and the Dardanelles Strait. Therefore, the Mediterranean is an unavoidable access corridor for Russian ships, connected to its Black Sea ports, to go to the Atlantic Ocean via the Strait of Gibraltar, or to the Indian Ocean via the Suez Canal.

For the Kremlin, the countries of North Africa are of paramount geostrategic importance on the maritime level, because its merchant ships and warships transiting in the Mediterranean Sea cross 3 obligatory passages which are bordered by: Egypt for the Suez Canal, Tunisia for the Strait of Sicily and Morocco for the Strait of Gibraltar. These compulsory passages are, from the point of view of freedom of navigation, locks that can be easily controlled by the countries that border them on both sides.

On the geo-economic level, the five Arab countries of North Africa present themselves for the Kremlin as an unavoidable interface to enter the African continent, rich in raw materials and presented as the great world consumer market in the future because of the demographic explosion of its population. It was during his visit to Algeria in 2006 that Putin laid the first milestone for Russia’s return to Africa. It is also Egypt, which played a leading role in the organization of the 1st Russia-Africa summit in October 2019 in Sochi.

Russia’s economic interests in Africa are increasingly growing in recent years, Moscow’s trade with African countries exceeded $20 billion in 2019. This figure is still lower than that of China ($204 billion), the US and even some European countries such as France and Germany.

Russia aims to diversify its trade with African countries by focusing on high technology, such as civil nuclear power (in Egypt) and satellite launches (in Angola and Tunisia). Russia is also very active in the medical sector in Africa, a vaccination campaign against the Ebola virus in Guinea, etc…

The United States and European Union have concrete strategic instruments, for instance, the U.S.-Maghreb FTA and Euro-Mediterranean Partnership. What could be described as Russia’s strategic economic tool in North Africa?

While China has been the focus of public attention on the African continent for some years, Moscow is no longer behind. After a prolonged absence since the demise of the Soviet Union, Russia is becoming more and more active, mixing armed forces presence, arms sales, economic investment, soft power and diplomatic support.

At the BRICS summit in Johannesburg on July 27, 2018, the Russian President raised the idea of a Russian-African summit bringing together all the continent’s leaders and himself. This ambitious initiative does not leave the traditional players established in this field worried that the Russian proposals will prove attractive enough for a number of local heads of state.

Indeed, Russia intends to return to the continent where its presence has often been fluctuating. Even in the 1970s, the height of the Soviet grip on Africa, its presence was episodic, with rare exceptions, such as in Algeria, Libya and Angola. Then the gradual removal of many heads of state who were allies of the Soviet Union led Mikhail Gorbachev, from 1988 onwards, to gradually weaken ties with the continent. These did not survive the disappearance of the USSR in 1991, and the Yeltsin period sounded the death knell for these friendships. It was not until the second term of Vladimir Putin, from 2008, that timid initiative were taken to remind certain countries of Russia’s past role.

One of the notable changes from the Cold War era is that the new Russian policy in the Maghreb no longer relies solely on the historical partner of Algeria, but also extends to previously neglected states, namely Morocco and Tunisia, because of their political and historical ties to the Western world. Libya is a special case.

Russia’s renewed interest in the Maghreb is based on a number of parameters that have already been essentially well identified. First and foremost, there is the development of economic partnerships, whether in the fields of armaments, energy, infrastructure or agriculture. Next, in order of priority, are security issues, with the fight against terrorism and jihadism, but more broadly the effects of the Libyan crisis, even if Russia’s investment in this issue appears less developed and partisan than it appears at first glance.

The emphasis placed on the political-diplomatic aspect, crystallized from the Arab uprisings and more particularly since the overthrow of the Libyan regime following NATO’s intervention in 2011, constitutes the most novel parameter of this Russian reinvestment. As in the rest of the Arab world, Moscow is defending the status quo, or rather a “principle of conservation” defined by its support for the regimes in place, non-interference in the internal affairs of a state, and its opposition to regime change through foreign military intervention.

While Russia’s preferred visions and modes of action in the Maghreb seem to be fairly well identified, the perceptions and expectations, but also the possible reservations on the Maghreb are more rarely expressed by the leaders of these countries and little-studied at the academic level. Perhaps we should look at this, as far as the powers that be are concerned, a concern for discretion regarding the sensitive aspects of this foreign policy component – this is particularly true for Algeria – an area on which they generally communicate little and for the academic research community in North Africa, a lack of knowledge related to the history, geography and culture of contemporary Russia.

If there is undoubtedly, on the Maghreb side and with important nuances from one country to another, a manifest interest in a development or a deepening of the partnership with Moscow, questions may remain about Russia’s objectives, especially in Rabat and Tunis. Despite this, the general and regional orientations of Russian policy are generally well perceived in the Maghreb capitals, because they correspond to local visions without, however, having the intrusive character that sometimes reproached to the historical European partners (France, Italy, Spain) and American partners.

Thus, the Russian approach responds to expectations of diversification in terms of partnership which correspond to an economic rather than a strategic necessity. This relationship appears to be facilitated by a convergence of views on major regional issues and the principles governing international relations, perhaps also because of the limits set for it. However, certain expectations on the Maghreb side could be disappointed, particularly concerning economic investments, but also a possible attempt at Russian mediation to facilitate a settlement process for the Libyan crisis, knowing that Moscow has some conditions.

One of the discreet tools used by Russia in the Maghreb and Africa is the Wagner Group that is present in Algeria providing tactical help to the Polisario Front fighting Morocco over Western Sahara and in Libya, on the side of Marshal Haftar forces.

The Wagner Group should be approached as a nebulous or informal entity since it is a structure without any legal existence. Unlike other Russian private military companies, of which there are many and of which RSB-Group is a well-known example, Wagner is not registered as a commercial company. Wagner’s lack of a defined legal status is advantageous for the Russian government, as it allows it to deny responsibility for its actions when the group is mobilized in different fields.

The links between the Russian executive and Wagner are important and take various forms. First, logistically, the training of the members of the Wagner group took place in Russia, in a military base belonging to the Russian armed forces. Some of the weapons available to Wagner members in Syria and Libya came from the Russian military surplus, and their deployment is usually carried out by Russian military aircraft. The Wagner Group is furthermore financed by a businessman considered close to Vladimir Putin, Yevgeny Prigozhin, who has secured some fairly large contracts in the Kremlin, particularly in the catering business.

Thus, there are obvious military logistical links and personal affinities between the Wagner Group and the Russian government. However, the link between the two entities is not organic and not all of Wagner’s interventions are linked to the Russian executive. Sometimes they proceed from a more lucrative logic, specific to the personal interests of Yevgeny Prigozhin.

First of all, the Wagner Group is able to participate in armed operations. In this, it is not just a private military company but a mercenary company. As an example, the group was employed by the Syrian government to liberate the Syrian Al Sha’er oil field in Homs from the Islamic State after the battle of Palmyra in 2016, but also as support to the Syrian Arab Army (SAA) in the fighting in Khusham in February 2018. Wagner has also provided support for Marshal Haftar’s offensives against Tripoli in 2019 and 2020. The group has participated in armed operations in northern Mozambique against Islamist insurgents seeking to establish an independent state in Cabo Delgado province and more recently engaged with the Central African Republic’s army against the Patriot Coalition.

With regard to Russian strategy in the region, there has been a renewed interest in sub-Saharan Africa over the past decade. Defence diplomacy, that is, strengthening the country’s presence via the military tool (training or physical presence), has been an important instrument for Russia since 2014-2015, particularly in this region. About twenty agreements have thus been signed between Moscow and sub-Saharan African countries in the field of defence since that date.

Economic issues also motivate the renewed Russian interest in the region. In the field of armaments, the countries of the zone are an interesting clientele for Russia. In 2010, they represented 10% of Russian arms sales. Today they account for 30%, making Russia the leading supplier of arms to the region.

Finally, the Russian strategy has a geopolitical dimension. While the context between Russia and Western countries is highly troubled and characterized in particular by a regime of sanctions and counter-sanctions, Moscow has more room for manoeuvre with the countries of sub-Saharan Africa. However, the tensions between Russia and Western countries are also present in sub-Saharan Africa: the issues surrounding the Wagner group are one of the facets of this crisis.

Do you detect any competition and rivalry among key foreign players for influence in the region? In your opinion, how effective and useful the emerging China-Russia alliance could be in Maghreb countries?

The impression is striking of a flashback to the West-Russia tensions that characterized the second half of the 20th century, from the aftermath of World War II until the collapse of the USSR in 1991. The two rival camps are beginning to openly sketch out the comparison, although observers note significant differences.

Following the gradual advent of the multi-polarity of the world since the beginning of the 2000s, most Mediterranean Arab countries have opened up to practically all the major world powers, the USA, China, Russia, the European powers and the powers emerging. The objective is to better serve the interests of their people and find solutions to the problems that prevent their development by exploiting the opportunities presented by each of these powers.

Currently, the geopolitical relations of most Mediterranean Arab countries with Russia are good, even for those who were allies of the USA during the period of world bipolarity along the years of the Cold War (the case of Egypt and Morocco).

Algiers, on October 2, 2021, the Algerian government decides to recall its ambassador in Paris and close its airspace to French military aircraft. This decision was prompted by a speech by Emmanuel Macron on the Algerian memory issue, which was deemed disrespectful.  This incident represents the second act of a political-diplomatic standoff between Algeria and France, which decided in late September to drastically reduce the issuance of visas to nationals of Maghreb countries. Since this measure, relations between the two countries have continued to deteriorate, further weakening the popularity of France on an African continent that is already attracting the covetousness of many powers such as Russia, a historical ally of Algeria, whose eyes are now turned towards Mali.

Since the early 2000s, Russia has placed Africa and the Mediterranean at the centre of its foreign policy. This position became even more important in 2015 when Moscow saw Syria as a way to reaffirm its status as an international power while defending its security and economic interests, which are the fight against terrorism and the development of trade agreements around energy.

In such a paradigm, the regional power that is Algeria is a choice ally, especially since their relations have been at a good level since the end of the Cold War. Moscow and Algiers share a similar conception of domestic and foreign policy. The report of the Mediterranean Foundation for Strategic Studies highlights this:

“In the end, Russia and Algeria share many common representations and biases: a focus on the sacrosanct stability (particularly through the importance given to the fight against terrorism), a preference for flexibility in diplomatic relations and a willingness to contribute – through mediation – to the resolution of conflicts. The two countries share the same aspiration to assert themselves as an independent power and to establish themselves as a regional and international power, respectively. This convergence of vision pushes the two states to help each other. One example is the case of Vladimir Putin who does not hesitate to relay the anti-colonialist speeches of Algiers by encouraging African countries to mobilize for political and economic independence. The Russian president thus urged “African countries to stop their dependence on France and to work to develop the continent considered the richest in the world” (Algérie Patriotique. (21 Octobre 2020). « Alger et Moscou ne veulent plus laisser Rabat et Paris jouer seuls en Afrique »).

However, once we move away from political statements, it is easy to see that, behind its airs of mentor, Russia is an actor who enjoys a form of dependence from Algeria via unequal cooperation in several key areas. Thus, in 2017, Dmitri Medvedev, then head of the Russian state, signed with Algiers no less than six (6) documents on Russian-Algerian cooperation in a multitude of areas such as justice, energy, education or health. It is also not anecdotal that the choice of the vaccine in the fight against Covid-19 was the Sputnik-V vaccine. Such a choice clearly reflects Algeria’s distrust of other Western powers, but above all Russia’s unavoidable position as the sponsor of an Algerian state that is too weak to prosper alone. By offering its help to a fragile Algeria, Russia ensures, without exposing itself, a real anchorage on the African continent.

After the 2008 crisis, Beijing’s geopolitical positioning on the international stage remains highly ambiguous. On the one hand, China is described as a developing country because of the domestic economic and political problems it faces (the nature of its economic growth, environmental challenges, the fight against inequality, social tensions). These structural obstacles require reforms that slow down its international deployment. On the other hand, China is perceived as a major emerging country, given its strong economic growth and its status as the world’s second-largest economy, which mechanically pushes it to take a greater interest in international issues and to move away from its policy of “non-interference.

Today, Beijing’s positioning is characterized by approaches that are sometimes cautious when the issues concern it less, and sometimes more assertive when it comes to neighbourhood issues where its interests may be directly at stake. In the end, this ambivalent policy and its internal problems explain China’s positioning: a true emerging power on the economic level, it is not yet complete so on the geopolitical level.

Nevertheless, China already carries so much weight on the international scene that it is changing the world order. The question is to know how willing and able it will be to transform the functioning of the international system. In many ways, the emergence of the Russia-China alliance will strengthen the hand of these two countries politically, economically and socially in the Maghreb. Many see the emergence of such an important block as a viable alternative to the West that has oppressed and exploited the region for centuries. Today many Maghrebi students go east to study and many businessmen go there to do commerce.

How is Russia’s “soft power” working in this region? What could be the expectations from the Maghreb bloc during the forthcoming second Russia-Africa summit planned this November 2022?

The North Africa region has undergone extremely rapid modernization. Growing literacy (in less than fifty years, societies in the region have achieved a literacy rate of over 70% among adults and close to 100% in all countries among 15-24-year-olds, including women) or the affirmation of the place of women are signs of modernization in progress. The demographic and socio-cultural structures of these countries are changing and the political order of their societies, which explains some of the instability in the region and the “Arab Spring”. Other countries, where frustrations are great and where the states are struggling to respond to the political and economic aspirations of their populations could experience similar episodes.

In recent years, the alleged return of Russia to the African continent has attracted attention. It is not only the media that are interested in it, but also diplomats and governments of countries that, since the fall of the USSR, are in economic competition on the continent.

The increase in this interest began with the holding of the first Russia-Africa summit in Sochi in October 2019. The second summit, scheduled for 2022, is helping to reinforce the hypothesis of Russia’s repositioning on the continent. Is this a real geostrategic turning point? Or can we rather suspect tactical re-compositions in search of arms export markets or the exploitation of rare minerals?

The private security company Wagner, run by a man close to Vladimir Putin, has become the main instrument of Moscow’s re-engagement on the continent, against a backdrop of rivalry and tension with the West.

Is this the beginning of a strategic shift that would see a new “Russafrique” supporting “Chinafrique” in an anti-Western conspiracy? Or a media fantasy dramatizing punctual and opportunistic, often fragile, breakthroughs? The arrival of Russian instructors and paramilitaries from the private security company Wagner, which is close to the Kremlin, in Mali at the end of 2021, is raising questions in Europe and the United States about Moscow’s plans in Africa. Through the multiplication of defence agreements and the activities of the Wagner Group, Russia has succeeded in meddling in several African countries: Mali, Libya, Sudan, Central African Republic, Mozambique… An advance that is sometimes erratic, contested or deceptive, and which extends over about five years.

In Egypt, in 2014, Russia got closer to the newly elected President Al-Sissi. It took advantage of the American disengagement following the Arab Spring and signed a $3.5 billion arms contract. Other agreements will link the two countries: military cooperation treaties (supply of arms and training), an agreement for the construction of the first Egyptian nuclear power plant, an economic outlet for its grain, et cetera. More recently, the two countries signed a contract to supply Russian Su-35 fighter planes to Egypt.

Russia is thus rapidly becoming the main arms seller in Africa. Over the period 2014-2019, it provided 49% of the arms sold to the continent, far ahead of the other main contributors: the United States (14%), China (13%) and France (6.1%).

However, these contracts mainly concern North Africa, the picture being much more mixed for West Africa, for example. Russia has not been involved in any major arms agreement with Mali, with the exception of the 2016 agreement where Mali signed a contract with Russia for four Mi-35M combat helicopters.

Russia’s return to Africa is not limited to debt cancellation and arms sales. In 2018, Russia’s trade with the African continent reached $20 billion (17.2% more than the previous year) and its investments reached $5 billion (a far cry from the $130 billion invested per year by China). Its ability to offer technologies sought after by African countries gives it a place of choice. For example, it cooperates with Algeria, Nigeria, Zambia and Egypt in the nuclear field. Moreover, its companies are particularly present in the exploitation of minerals, oil or gas. Gazprom, Rosneft and Lukoil are very active in the Sahara, North Africa, Nigeria and Ghana.

These links have also been strengthened from a diplomatic point of view, with the organization of the first Russia-Africa summit in Sochi in October 2019, which will have enabled Russia to bring together some thirty African heads of state and to sign several bilateral treaties (the joint statement mentions “92 agreements, contracts and memoranda of understanding […] with a total value of 1,400 billion rubles”. This is in line with Russia’s goal of doubling its trade with African states by 2024 (which would make it a direct competitor of France).

Russian realpolitik may explain Russia’s growing influence in Africa. Unlike other actors such as the United States or France, which may make the granting of aid or the signing of partnerships conditional on the respect of certain principles, Russia does not demand any conditions related to democracy or human rights. This is the case in Nigeria, where the United States cancelled a contract that had already been signed for human rights violations by Nigerian forces in the fight against Boko Haram. This withdrawal allowed Russia to sign a new arms contract with the country.

With the decision to return and raise its influence on the continent, and especially the Maghreb region, Russia has to make consistent efforts, at least, in addressing significant aspects of the Sustainable Development Goals (SDGs) in Africa. However, the worsening of the Libyan crisis and the deterioration of relations with European states are the only two obstacles that could limit or more seriously slow down this nascent economic cooperation. The next few years will undoubtedly be decisive for the realization of structuring projects between the Russian Federation and the Maghreb.

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Russia-Africa Dialogue: Untapped Prospects for Economic Cooperation

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Russia-Africa Dialogue SPIEF-2026

By Kestér Kenn Klomegâh

At the St Petersburg International Economic Forum 2026, the traditional “Russia-Africa Business Dialogue”, which was initiated in 2016, will deliberate aspects of forging economic cooperation between Russia and African countries. For a decade since its creation, this platform has practically discussed most pertinent roadblocks, highlighted the economic sectors, and outlined the prospects. The significant issues have also been treated at the first and second Russia-Africa summits.

As Moscow prepares to hold the next Russia-Africa summit in October, it is quite clear that Russia has still not worked out financial mechanisms to support its investments across Africa. Generally, the federal strategy for this area has been mapped out, Russian investors understand where to invest in Africa, but lacks extremely the financial motivation and approach to integrate young people into the business environment. Other constraining factors include a lack of financial support instruments the suitable environment for experience sharing and collaboration. At the same time, there are reports that point to a broad range of factors that hinder the development of youth entrepreneurship.

Historically, Russia–Africa relations have evolved through distinct phases after phases. The latest phase began from the first Russia-Africa summit through the second, and is currently moving to the third summit in October. As part of the strategic preparations, Tanzanian President Samia Suluhu Hassan was the guest of Vladimir Putin in the Kremlin. Russia and Tanzania have had good relations, but it has been more than a century since the last state visit of a Tanzanian leader to Russia. From the historical records, Mwalimu Nyerere visited in 1969. As a result, Samia Hassan’s official working visit had a special historic significance for the bilateral relations. “We see this as a very positive sign,” noted Putin. Further to that, Samia Hassan was decorated with an honorary doctorate degree (Doctor Honoris Causa) at the Russian Peoples Friendship University, expressed gratitude for the political solidarity, and underlined Russia for the great contribution which it provided during the African political liberation in the 60s.

Tanzania’s Distinctive Profile

Sergei Kiriyenko, the Deputy Chief of Staff of the Presidential Administration who oversees the department, visited Tanzania after the November 2025 elections. In addition, Putin’s aide Yuri Ushakov called Tanzania “one of the key partners on the African continent,” recalling that it is home to approximately 70 million people. Samia’s visit to Russia is a victory for Russian diplomacy in Africa, as Tanzania is one of those allies that strengthen Moscow, says Andrey Maslov, Director of the HSE Centre for African Studies. According to the expert, cooperation is based on mutual benefit, and Tanzania does not require assistance. The country is among the continent’s economic leaders, distinguished by high growth rates, a stable political system, and a friendly attitude towards Russia. Russia’s interest in Tanzania is largely due to its geographic location and access to the Indian Ocean. The port of Dar es Salaam is considered a key transport hub in East Africa, serving transit routes to the East African Community (EAC) countries, along with the Kenyan port of Mombasa. Given Tanzania’s population, the EAC’s combined market represents over 300 million people, and the potential for expanding trade lies primarily in agricultural products, fertilisers, and basic industrial goods.

Africa’s participation at the St Petersburg 29th forum is very unique, with the majority from East and Southern Africa. The Director General of the Tanzania Investment and Special Economic Zones Authority (TISEZA), Gilead J. Teri, noted that the Tanzanian delegation has a unique opportunity to advance its agenda and strengthen bilateral relations. The forum gave a powerful boost to trade and economic cooperation. Tanzania presented its investment potential to the Russian business community. Therefore, it could be said that bilateral relations between Russia and Tanzania are flourishing and developing dynamically today.

Eastern and Southern Africa’s Dimensions

While it envisages strengthening ties in a broad range of fields, targeting the Eastern and Southern regions by utilising Tanzania as the gateway, Russia shows that the key partners in that part of Africa. Russia’s attributes for raising investment relations are clear: stability, untapped resources and human capital.

Putin’s meeting with Tanzania’s Samia Hassan, aiming at lifting up bilateral cooperation, which symbolises a new qualitative stage or a new chapter in the relations between Russia, Tanzania and the entire SADC. “Africa is an important partner for Russia, a participant in the emerging and sustainable polycentric architecture of the world order. Our relations with the states of that continent are valuable in their own right and should not be subject to the fluctuations on the international arena,” Foreign Minister Sergey Lavrov also said long time ago at the Russia-Africa civil/public gathering held in 2018, in attendance was Stergomena Lawrence Tax, who headed the Southern African Development Community (SADC).

“We are aware that our African friends hold the same views. Relying on the accumulated experience of productive cooperation, Russian diplomats seek to pursue a consistent policy for deepening the range of Russia-Africa relations,” he added. Lavrov said it is necessary to maximise the potential of public, cultural and business diplomacy in the interests of strengthening and expanding the mutually beneficial ties between Russia and African states while invariably adhering to the principle of African solutions to African problems, formulated by the Africans themselves.

Stergomena Lawrence, however, observed that Russia has not been that visible in the region as compared to China, India or Brazil. But it is encouraging that Russia has made the decision to reposition itself as a major partner with Southern Africa. She expressed gratitude that Russia has launched a plan aimed at improving direct trade with the continent/region beyond the traditional sectors like mining, seeking to invest in areas like agriculture, industrial production, high technology and transport.

The Russian Federation’s priorities are also in line with SADC priorities, as evidenced by the priorities of the Foreign Economic Strategy in the region, as indicated below:

Prospecting, mining, oil, construction and mining, purchasing gas, oil, uranium, and bauxite assets (Angola, Namibia and South Africa);

Construction of power facilities—hydroelectric power plants on the River Congo (Angola, Namibia and Zambia) and nuclear power plants (South Africa);

Creating a floating nuclear power plant, and South African participation in the international project to build a nuclear enrichment centre in Russia;

Railway Construction (Angola);

Creation of Russian trade houses for the promotion and maintenance of Russian engineering products (South Africa).

Participation of Russian companies in the privatisation of industrial assets, including those created with technical assistance from the former Soviet Union (Angola).

In the Russian Federation, 10 SADC member countries have their diplomatic offices, namely: Angola, Democratic Republic of Congo, Madagascar, Mauritius, Mozambique, Namibia, South Africa, Tanzania, Zambia and Zimbabwe.

Final Words of Wisdom

In pursuit of following Putin’s policy to strengthen ties with the Global South, including Africa, Russia has to re-strategise and take up the existing critical challenges. Despite a noticeable increase in activity, Russia’s strategy on the continent faces several persistent structural limitations that require thoughtful responses. As geopolitical changes heat up, Russia has to understand the necessity to move ahead, back away from tectonic rhetoric and symbolism of diplomacy. By 2025–2026, the African continent had firmly established itself as a key area of ​​global competition and, simultaneously, one of the most important reserves of economic growth. For Russia, this is important to change the very logic of its African ties. It is logical to walk the talk. In other words, Russia’s relations with African countries have to shift from historical rhetoric to a more practical architecture of interests.

On December 19–20, 2025, the second ministerial conference of the Russia-Africa Partnership Forum was held in Cairo, with the Roscongress Foundation acting as the operator on the Russian side. The conference was attended by the heads of the African foreign ministries and the leaders of the continent’s integration associations. That conference has been defined as a key stage in the preparations for the third Russia-Africa summit, scheduled for October 2026. As noted by Russian Foreign Ministry spokesperson Maria Zakharova, the meeting is intended to “give additional impetus to the development of the Russian-African partnership and the strengthening of its truly strategic nature.”

For Moscow, institutionalising the format is crucial given the overall transformation of global politics. And ultimately, Africa is becoming a space where external players’ ability to not only declare respect for sovereignty but also propose practical mechanisms for cooperation is being tested. Russia’s strategy is built on combining political rhetoric about multipolarity with concrete areas of cooperation—from trade to energy, and food security to personnel training and military-technical cooperation. Economic spheres and building infrastructures are important for Africa, which is ready for foreign investors with adequate funds and not just geopolitical rhetoric. It has to be noted that Africa is a space of competition between external players.

The continent is an arena of intense competition, with China, the European Union, the United States, Turkey, India, and the Gulf states all operating simultaneously, each offering its models of interaction: from large-scale infrastructure financing to military cooperation and religious and cultural influence. African states are becoming increasingly pragmatic and multi-vector—they are consistently expanding their foreign policy space, weighing the conditions, benefits, and political costs.

In such an environment, the sustainability of Russia’s presence is determined by its ability to offer a concrete and replicable set of advantages. Anti-colonial rhetoric and appeals to historical legacy remain important, but they no longer provide a long-term advantage on their own. Each competitive proposition must be backed by institutional support.

At the St. Petersburg forum, there was a genuine international community of like-minded partners practically united by a common goal: networking and developing business cooperation. “The continued participation confirms the demand for building relationships of business trust and confidence with foreign partners from different regions, including the United States, Europe, the Middle East, Latin America, Asia and Africa,” said Alexander Stuglev, Chairman of the Board and CEO of the Roscongress Foundation. The Roscongress Foundation held the 29th St Petersburg International Economic Forum (SPIEF) from 3 to 6 June 2026.

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CANAL+ Eyes MultiChoice Turnaround as Stocks Debut on JSE

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CANAL+ JSE

By Adedapo Adesanya

CANAL+ has expressed confidence in its ability to turn around the fortunes of struggling broadcaster MultiChoice as it marks a milestone by becoming the first French company listed on the Johannesburg Stock Exchange (JSE).

The secondary listing of CANAL+ signals strong international confidence in South Africa’s capital markets and reinforces the JSE’s role as a conduit between global capital and African growth opportunities, it said in a statement.

CANAL+ enhances the JSE’s sectoral diversity and provides local investors with direct, rand-denominated exposure to a globally diversified media and entertainment business with a significant African footprint. CANAL+ listed on the London Stock Exchange in December 2024.

The group’s listing on the JSE aligns with its long-term strategy to expand its presence in high-growth markets, particularly in sub-Saharan Africa, where rising connectivity, a young and growing population (expected to increase by 800 million by 2050), strong GDP growth (4.5 per cent growth expected between 2026 and 2030) and accelerating demand for content and connectivity continue to drive sector growth.

The JSE listing will increase CANAL+ liquidity and enable African investors to benefit from CANAL+ growth.

According to Mr Maxime Saada, CEO of CANAL+ said, “Joining the Johannesburg Stock Exchange is a statement of our ambition and illustrates our belief in Africa’s future and its creative industry.

“We are proud to become the first French company ever to list in Johannesburg and the only global media and entertainment company listed on the exchange.

“Following our listing on the London Stock Exchange 18 months ago, this dual listing reinforces our ambition to be a bridge between Europe and Africa and anchors our dual-continental approach, consolidating our unique position in the global media and entertainment industry,” he said.

He noted that CANAL+ serves more than 40 million subscribers and generates €9bn in annual revenue.

“Africa will be our growth engine for years to come, and we are dedicated to creating value on the continent and sharing it with our African partners, investors and the creative community. By welcoming African investors, we deepen our roots, diversify our investor base and lay the foundation for the next phase of our growth.”

Commenting on the listing, Ms Valdene Reddy, Group CEO of the JSE, said, “We are proud to welcome CANAL+ to the JSE and to mark the first listing of a French company on our exchange.

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AfDB President Sees More African Nations Regaining Investment-Grade Ratings

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Sidi Ould Tah

By Adedapo Adesanya

The President of the African Development Bank (AfDB), Mr Sidi Ould Tah, says more African countries are likely to regain or achieve investment-grade credit ratings by next year as reforms begin to deliver results and economic growth accelerates.

Several African sovereigns have already been upgraded in recent months, including Nigeria. However, Nigeria is not yet near investment-grade status.

In May, S&P Global Ratings upgraded Nigeria’s sovereign credit ratings to ‘B’ with a stable outlook, citing structural reforms under President Bola Tinubu and key drivers like higher oil production and improved fiscal revenue.

The country is still five notches from investment-grade. Under S&P’s rating scale, the progression follows— B → B+ → BB- → BB → BB+ → BBB- (investment grade).

S&P raised Morocco to investment grade last year and increased South Africa by one level to BB in November. Ghana, Zambia, the Ivory Coast and Kenya have also benefited from positive rating action linked to fiscal, debt and economic reforms.

“We’re quite confident that the continent will continue to grow very strongly and that African countries will be better rated in the coming years,” Mr Ould Tah said in an interview with Bloomberg.

“We’ve seen Morocco receive investment grade during the last few months, and we expect other countries by next year to get toward that,” he added.

The outlook reflects improving fiscal positions and reforms implemented across countries on the continent, even as the conflict in the Middle East threatens to slow economic growth and raise costs for energy-importing nations. Better credit ratings can help countries borrow at lower rates and fund development projects.

The AfDB projects the continent’s gross domestic product expansion will accelerate to 4.4 per cent next year, if the conflict in the Middle East does not extend for a longer period. It expects the continent to slow to 4.2 per cent this year.

The war in Iran has benefited oil producers such as Nigeria, Angola and Gabon, while exerting pressure on the fiscal positions of net energy importers such as South Africa, Kenya, Ghana and Senegal.

Mr Ould Tah said the bank is ready to support countries facing budget constraints and high debt burdens due to the impact of the Iran crisis, including increasing credit lines to them.

“The board of directors of the bank will examine in the coming days how the bank can increase the volume of resources it will provide to its member countries in this specific situation,” he said.

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