World
Media Debates as Russia Pushes into Africa
By Kester Kenn Klomegah
In an effort to get push its political and economic influence in Africa, Russia has begun identifying news outlets that could facilitate the distribution of its information products and contents (syndication of news reports) from Russian media organizations.
Since the collapse of the Soviet Union, this is the first significant step on media cooperation by official authorities to address the information gap between the two regions. The primary objectives are to promote its Russia’s image more positively, overturn the negative perceptions among the public and to counteract anti-Russian propaganda mostly by western and European media in Africa.
Russia seeks a new image in Africa. On the other hand, Russian media continues presenting Africa as a region of diseases, conflicts and dangerous for business. At least, Africa’s middle-class, approximately 380 million constitutes a huge consumer market, is more than Russia’s population of 150 million and almost the same population size of the United States.
Indisputably, Africa also needs an excellent image among the Russian public. Russian experts and academics have consistently called for forging media cooperation as an instrument for promoting business opportunities and building positive perception, and offering knowledge about post-Soviet achievements in Russia and developments in Africa.
In an emailed interview, Professor Irina Abramova, Director of the Institute for African Studies under the Russian Academy of Sciences, said in the eyes of the Russian political establishment and business community, Africa is still viewed as a continent of poverty, endless wars and epidemics, stuck in the pre-industrial stage of development, and surviving only thanks to international aid.
Meanwhile, there is a different Africa, she maintains, Africa with rapid economic growth, dynamic formation of democratic management systems, modern structures and institutions of a market economy, a major player in the market of natural and human resources, a key source of growth in global demands and profitable spheres of investment operations.
“The media should more actively inform Russians about the prospects for the development of the African continent, its history and culture. Unfortunately, the Russian man in the street does not know much about Africa,” the director explained.
“For Africans, so far Russia is associated with the Soviet Union, the majority of Africans still have very warm feelings towards Russia. In general, the Russian Federation in Africa, and Africa in the Russian Federation are very poorly represented in the media. It is necessary to organize a special media entirely dedicated to Russia-Africa,” Abramova said.
Honorary President of the Africa Institute of the Russian Academy of Sciences and Editor-in-Chief of the Asia and Africa Today magazine, Professor Alexei Vasilyev, has also stressed that Russia and Africa have to raise media work so that people of both regions get to know much about each other.
“Measures are needed to enable us to better understand each other. Africa is different. As journalists, we have to report not only diseases, demonstrations and murders, but also about real achievements and successes (of the African continent),” he said.
TASS Director General, Sergei Mikhailov, noted that without African states it’s impossible to cultivate international economic ties, stable development of international ties, and to build a stable and cohesive system of international security. Thus, cooperation between media outlets has to be one of the most active areas of developing ties with Africa.
Reports show that TASS plans to actively develop cooperation with its colleagues in Africa and give Africans a chance to familiarize themselves with developments in the world and on the African continent, which is different from most Western media. The Russian news agency plans to significantly increase the number of its bureaus in Sub-Saharan Africa, Mikhailov informed at the panel session themed “Russian-African Relations: The Role of Media” held in Sochi.
“We hope this will contribute to improving mutual understanding between Russian and African peoples. We want the events in Africa and vital issues of its development to again become top news,” he added.
The Russian Foreign Ministry supports the plan by the TASS news agency to open new offices across Africa in 2020 and urges the agency to go ahead with widening its African network, according to Russian Deputy Foreign Minister Mikhail Bogdanov. He further suggested Angola, Guinea, Tanzania and Madagascar among the potential host countries for future TASS offices.
Over the years, media and policy experts have noted that nearly 30 years after the Soviet, Russia has not encouraged African media from south of Sahara in the Russian Federation. The Ministry of Foreign Affairs has largely ignored African media, south of Sahara. South Africa, Morocco and Egypt (the Maghreb region) are closer in their relationship to Russia.
Information presented at the Sochi summit explicitly confirmed this observation. Some 300 news bureaus from 60 countries are operating in Russia, including 800 correspondents and 400 technical personnel, while Africa represented by just three bureaus: South Africa, Egypt and Morocco, the Deputy Director of the Russian Foreign Ministry’s Information and Press Department, Artem Kozhin said at the panel discussion.
According to him, this extremely low representation of African media hardly meets the level of dynamically developing relations. “We invite all interested parties to open news bureaus and expand media cooperation with Russia,” Kozhin said.
Some are not ready to spend money by bringing Africa media to Russia. “We understand that getting to Moscow costs quite a bit of money, and this may well be too expensive for African newsrooms,” Alexei Volin, Russia’s Deputy Minister for Communications and Mass Media, said before making the pitch. He further emphasized that information cooperation was developing not the way it should be.
The ministry has put forward proposals on expanding cooperation with Africa, including exchanging information with Russia’s state mass media, training courses for African journalists and trips of Russian specialists to Africa for training personnel.
According to various reports by Roscongress, the organizer of the first Russia-Africa Summit held in October, Russian officials have expressed readiness to collaborate with African media and would be at the forefront to highlight post-Soviet economic and cultural reality and shape the African perception about Russia. Senior media professionals on the African side are highly qualified and have appreciable professional experience in their employment.
From Eurasia Review investigations, TASS is currently strengthening its foothold in Africa. For instance, in September it appointed Vitaly Makarchev as the head of Pretoria office in South Africa. Director General of the Maghreb Arab Press news agency Khalil Hachimi Idrissi and FAAPA Secretary General Mohamed Anis have held talks earlier during the year with TASS First Deputy Director General Mikhail Gusman. The talks focused on widening media cooperation in Maghreb region.
Russian diplomats have also discussed media cooperation with Executive Director of Cabo Verdean News Agency Infopress, Jacqueline Furtado Carvalho; General Manager of Agence Congolaise de Presse, Anasth Wilfrid Mbossa; General Manager of Ghana News Agency, Albert Kofi Owusu, and Chief-Editor of the Seychelles News Agency, Rassin Vannier.
General Manager of Ghana News Agency, Albert Kofi Owusu, told the New York Times that the proposal to distribute stories from TASS, the Russian state-controlled news service, to newspapers, websites and television stations in the West African region made sense, especially since his agency was already sharing Chinese state media reports. But, this has to be done within a framework agreement on cooperation for mutual benefits.
For decades, a number of foreign countries have been cooperating with African media and NGOs to push their strategic policy and business interests. For example, the Forum on China-Africa Cooperation has fixed China-Africa Press Exchange Centre in Shanghai to encourage and promote exchange and visits between Chinese and African media.
Last May, China hosted the fifth Forum on China-Africa Media Cooperation. A joint statement on further deepening exchanges and cooperation was adopted.
Similarly, the United States, European Union, and Asian States support African media enormously in their information and education activity, and with regular publications of economic and business reports to create public business awareness in Africa. They have adequately collaborated with African partners in attracting business to Africa.
Nevertheless, Moscow plans to boost its presence on the continent in the next four to five years. Aware of the common responsibility, Russia and Africa have to continue coordinating efforts at implementing the documents adopted at the summit since this meets the desires and aspirations of Russia and Africa.
As explicitly outlined in the joint declaration, both Russia and Africa have to begin pursuing the targeted goals such as:
*facilitate the people-to-people contacts between Russia and African States using the potential of non-governmental organizations and various fora, including the youth ones.
*encourage further exchanges, mutual learning and cooperation in culture and education.
*facilitate the opening of Russian and African mass media hubs in the respective territories of African States and the Russian Federation.
Ultimately, these could be achieved by building on the existing friendly ties, as well as on the rich experience of multifaceted and mutually beneficial cooperation that serves the collective interests between the Russia and Africa.
Report by Kester Kenn Klomegah, an independent researcher and freelance writer on Russia, Africa and BRICS. He is the author of the Geopolitical Handbook titled “Putin’s African Dream and The New Dawn: Challenges and Emerging Opportunities” devoted to the first Russia-Africa Summit 2019.
By Adedapo Adesanya
Nigeria regained its position as Africa’s leading destination for equity startup investment in the first half of 2026, raising $214 million in equity financing and a total of $254 million across equity and debt, according to the latest Africa: The Big Deal report.
The report, titled H1 2026: Mapping the Money, showed that Nigeria ranked second on the continent in total funding, behind Egypt, which attracted $327 million, while Kenya and South Africa followed with $126 million and $83 million, respectively.
However, the report noted that Egypt’s top position was largely driven by a single fundraising by electric mobility company Spiro, which secured $327 million, including $270 million in equity and $57 million in debt. Excluding debt financing, Nigeria emerged as Africa’s largest equity funding market in the first six months of the year.
According to the breakdown by Africa: The Big Deal, Nigeria’s equity funding of $214 million was higher than Egypt’s $183 million, while South Africa and Kenya attracted $66 million and $46 million, respectively.
Beyond funding value, Nigeria also led the continent in the number of startups that raised at least $100,000 during the review period, reclaiming the top spot after what the report described as an “underwhelming” second half of 2025.
The publication observed that Nigeria’s fundraising performance has remained relatively stable over the past few years and exceeded the $250 million mark for the first time since 2022, pointing to renewed investor confidence in the country’s startup ecosystem.
It also found that while the Big Four startup markets—Nigeria, Egypt, Kenya and South Africa—continued to dominate Africa’s investment landscape, their combined share of total funding stood at 58 per cent in the first half of 2026.
“Zooming back on the Big Four (110 out of 190 $100k+ deals, i.e. 58%), Nigeria is head and shoulders above its peers, with Egypt and Kenya almost tying, and South Africa in fourth position again,” the report noted.
The report highlighted contrasting performances among the continent’s largest startup ecosystems. While Nigeria and Egypt maintained strong funding momentum, Kenya recorded its weakest funding performance since early 2021 after a strong second half of 2025, and South Africa failed to attract $100 million in funding during the period despite leading the continent a year earlier.
Africa: The Big Deal also noted a broader shift in investor behaviour, with funding increasingly concentrated in larger transactions while early-stage investments continued to decline. According to the publication, the drop in smaller funding rounds reflects growing concerns about limited capital available for early-stage startups across Africa.
By Aduragbemi Omiyale
Accessing the US Dollar in the East Africa region has now been made easier with the expansion of the stablecoin settlement infrastructure of SCRYPT.
This development enables banks, payment providers and corporate treasury teams to move value into and out of the continent in real time.
Businesses paying international suppliers frequently have to convert local currency into USD before purchasing stablecoins for settlement, incurring FX conversions and spreads before any payment is made.
But SCRYPT is eliminating this intermediate conversion by enabling direct settlement corridors for local African currencies into stablecoins.
This development allows businesses to move from local currency to stablecoin settlement in a single licensed transaction, without first sourcing rationed bank dollars, as stablecoins are increasingly becoming settlement infrastructure rather than an investment product.
The expansion adds settlement support across four African currencies: the Kenyan shilling (KES), Tanzanian shilling (TZS), Rwandan franc (RWF) and Ugandan shilling (UGX). Each corridor is delivered through the same full-stack infrastructure our clients already use for trading, custody and treasury operations.
Speaking on this, the chief executive of SCRYPT, Norman Wooding, said, “Across Africa, stablecoin adoption is driven by economic need, not speculation.
“Businesses here are not chasing yield; they are trying to pay suppliers and manage treasury without losing margin to a banking system that rations dollars. Licensed, fair-rate dollar access is the clearest proof of what this infrastructure is for.”
Also commenting, the Managing Director of Markets & Trading at SCRYPT, Mr Gabriel Titopoulos, said, “Until now, reaching stablecoins from local African currencies meant buying scarce dollars and incurring several layers of conversion costs.
“SCRYPT removes this friction. Firms and payment providers can now settle straight from local currencies through live corridors, with local partners.”
World
African Graduates Association Promoting Multifaceted Initiatives With Russian Educational Institutions
By Kestér Kenn Klomegâh
In preparations for the third Russia-Africa Summit, scheduled for late October 2026, Dr Francois Ngan, deputy chairman of the Union of Associations of African Graduates of Soviet and Russian Universities, during an official working visit, has held a consultative meeting with Professor Vladimir Filippov, the President of the Russian University of Peoples’ Friendship (RUDN), and former Minister of Higher Education of Russia, Chairman of the National Commission for Accreditation of Higher Education.
RUDN is an educational institution established in 1960, primarily to provide higher education to Third World students. It has now become a popular multidisciplinary spot for many students, especially from developing countries. The university offers various academic programmes and has research infrastructure that comprises laboratories and interdisciplinary centres. The university is named after the former Congolese leader, Patrice Lumumba.
Dr Francois Ngan and Professor Filippov discussed the importance of the Graduates Association as a continental platform dedicated to strengthening unity, cooperation, and promoting shared progress among African graduates who studied in the former Soviet Union and in the Russian Federation. They also reviewed multifaceted initiatives that could bring together alumni associations from across Africa, whose members obtained education and professional training, and cultural experiences in Soviet and Russian institutions of higher learning.
Professor Filippov expressed optimism in addressing emerging challenges as a result of shifting geopolitical changes, emphasised strategic cooperation in the educational sphere with Africa, in general, and with the Republic of Cameroon, in particular, and further about the integration of African students during their studies in the Russian Federation.
The meeting also touched on academic and scientific work, the possibility of rewriting a scientific thesis, and the official organisation of transferring versions translated into six languages for the library of RUDN. Significant questions relating to Russia’s educational opportunities, collaborations and partnerships involving African countries were thoroughly discussed.
The Union of Associations of African Graduates of Soviet and Russian Universities was created under one continental umbrella to promote friendship, for professional networking, to engage in cultural exchange, and with particular emphasis on forging strategic cooperation between Africa and Russia.
