World
Role of Africa in International Affairs is Growing—Lukyanov
By Kestér Kenn Klomegâh
In this insightful interview conducted by our media executive Kestér Kenn Klomegâh with Fyodor Lukyanov, Chairman of the Council on Foreign and Defense Policy, Research Director at the Valdai Discussion Club, and Editor-in-Chief of Russia in Global Affairs journal, focused largely on Russia and Africa relations, and a few aspects of the emerging new world order. Lukyanov also discussed, at length, Russia’s engagement with Africa as well as the expectations from Africa. Here are the interview excerpts:
During the late October Valdai gathering, Vladimir Putin’s speech underscored the fact that Russia was looking for its Soviet-era allies and “non-Western friends” to create a new world order. What are the implications, from historical perspectives, relating to Africa?
The role of Africa in international affairs is growing; no one can deny it. Russian credit record in relationship with Africa is not easy – from very tight contacts in the decolonization era and period when African countries were building their statehood through the bumpy road in the 1990s when Russia suffered a huge economic and geopolitical setback and was forced to the emergency survival to the slow, but steady re-establishment of ties in 21st century. It should be noted that the renaissance of Russian interest vis-à-vis Africa started much earlier than Russia – West relations collapsed due to the Ukrainian war. And it was a result of the realization that Africa would be increasingly important in decades to come.
As far as the Russian vision of the world order is concerned, it should be a polycentric and pretty complicated constellation of countries or a group of countries (regional groupings) with a permanently shifting balance and steady work on adjustment of different interests. Not easy, but a vaccine against anybody’s hegemony and an opportunity to be flexible in pursuing own needs. Africa, as a big group of countries with interests which are both intertwined and contradicting can serve both as a model of the future global picture and a strong unit in this world if needed. Notwithstanding all that, Africa has its strengths and weaknesses based on history, but the balance is positive in this new world. Most of the potential success depends on African countries themselves and their ability to build up relations with outside powers on a rational and calculated basis.
The Soviet Union, of course, enormously supported Africa’s liberation struggle to attain political independence in the 60s. African leaders are looking for external players with funds to invest and transform their economy. In practical terms, what could be Russia’s role in fighting what is frequently referred to as “neocolonialism” in Africa?
Unlike former colonial powers and, to some extent, China, it is quite clear that Russia doesn’t envisage an exclusive or an ultimately leading role in Africa. There are no political disadvantages associated with Russian relations with Africa. The practical input could be huge, in case Russia does its homework. Russian resources to invest massively are not comparable with what China or Western states can do. But, Russia has a lot of services which are on the highest international level, while much more cost-effective, and they can be offered to African partners. Russia has, for example, developed one of the best systems of digital state services in the world; Russian tax authorities are better equipped with modern technology than most of the developed countries. Russian experience in the raw material sector is unique, as many technological solutions are independent of other great powers, which is getting more and more important now. As I said, the Russian problem is to complete its homework – to list all we can offer and manage those offers in a transparent way, and understandable for partners. It will be done soon because now it gets very vital for Russian development.
Do you think Russia is much more critical of the United States and European Union’s hegemony in Africa? How can we interpret African elites feeling (after the first 2019 summit) about Russia’s renewed economic interests in Africa?
Russia is much more critical of the US hegemony where ever it exists, Africa is not an exemption. Russian economic and political focus on Africa is obvious, and skills to implement it in a contemporary way acceptable for partners will increase now.
What are your views about Russia’s public outreach diplomacy with Africa? How would you evaluate Russia’s engagement, particularly in sustainable development in Africa?
Russia was not very advanced in its diplomatic outreach to Africa until a certain moment, the situation started to improve in the 2010s, and now we have entered a new stage. Minister Sergey Lavrov’s activity all over the continent is very telling. As for sustainable development, this concept is a product of a particular political period; I would call it advanced liberal globalization. This period is over; we are moving towards something else. Frankly, I don’t believe that Russia will be much interested in current circumstances to be part of international efforts to promote sustainable development as understood by international organizations and bureaucracy. But Russia will certainly be eager to work together with particular countries on particular projects.
Geopolitical confrontation, rivalry and competition in Africa. For now, Russia has too many initiatives and bilateral agreements with African countries. What are your suggestions here for strengthening Russia and African relations, especially in the economic direction?
You are right, optimization is needed. Fewer projects and initiatives, more practical outcomes. That is what I mentioned earlier as a necessity to do homework. Combination of very well-calibrated regional initiatives and bilateral projects where Russia has a clear competitive advantage – be it technology, security or food – should be priorities. And they should be numbered, not endless. Africa is certainly not the main topic for the BRICS agenda; those countries prefer to focus on global issues, where they don’t have any major differences (if any), while the regional level is more controversial. Anyway, there is no intention to build a unified front against US and EU. BRICS is by default not confrontational; there is no goal to counterwork the West, but rather to bypass it.
In Africa, each BRICS member will have its own agenda, and no coordination is expected. But then, Africa is represented in BRICS by South Africa. And I would suggest that it would be a natural task for South Africa to promote the African agenda in this group. Of course, each BRICS state has its own hierarchy of interests, and this is normal. But as BRICS aspires greater international role and Africa is growing in significance as an essential part of the world, I see the field for common interests. As far as a confrontation with the West is concerned, there is no such goal for most BRICS countries indeed. But if we look at international trends and the speed with which the previous international system collapsed and overall competition spreads, I would not be so sure to predict how the international situation and stance of BRICS will evolve in years to come.
World
Comviva Wins at IBSi Global FinTech Innovation Award
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.
World
Russia Renews 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.
World
TikTok Signs Deal to Avoid US Ban
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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