World
Russia Developing Stronger Beneficial Cooperation with Zimbabwe—Matviyenko
By Kester Kenn Klomegah
Russia and Zimbabwe continue to strengthen traditional ties after originating back in the period of the Zimbabwean people’s struggle for independence. All these years, the bilateral relations have continued to grow stronger and its further development cannot be under-estimated. Diplomatic relations between Zimbabwe and Russia clocked 40 years.
These are the historical facts the Chairwoman of the Federation Council, Valentina Matviyenko and President of the Republic of Zimbabwe Emmerson Dambudzo Mnangagwa acknowledged during their early June meeting in Harare, Zimbabwe.
Matviyenko headed a delegation of Russian senators to Mozambique and continued to Zimbabwe where the Russia-Ukraine crisis dominated the discussions as well as new substantive topics on regional and international issues. Outstanding bilateral questions and how to implement them were also raised.
Besides all the historical diplomatic niceties, Matviyenko informed Emmerson Mnangagwa that inter-parliamentary ties are developing dynamically, Russia and Zimbabwe had agreed on a memorandum of cooperation in the field of science, technology and innovation.
“I consider the practice of signing bilateral interdepartmental documents very useful, and it is necessary to open some of the aspects, as much as possible, in today’s difficult conditions, which is in the mutual state interests,” said the Chairwoman of the Federation Council.
On the Russia-Ukraine crisis that began on February 24, she noted the support that Zimbabwean colleagues provide to Russian foreign policy initiatives. “It is also important that Harare takes a balanced position in relation to the situation in Ukraine,” she said.
During the conversation, Matviyenko and Mnangagwa also discussed issues of expanding trade and economic ties between Russia and Zimbabwe.
“So far, the volume of mutual bilateral trade does not correspond to its potential.
“Therefore, the main task at this current stage is the creation of conditions for increasing the volume of trade and its diversification. Then, we proceed from the fact that the implementation of all these plans will be facilitated by joint fruitful work within the framework of the Intergovernmental Russian-Zimbabwean Commission on Economic, Trade, Scientific and Technical Cooperation,” explained Matviyenko.
Matviyenko and Mnangagwa, however, noted the Russia-Ukraine crisis worldwide, and issues related to food security.
Offering an assurance, she said: “Russia is ready to do everything possible to prevent a food crisis. We are ready to fulfil our contractual obligations in full. If Zimbabwe turns to Russia, we will work out a supply mechanism together and provide Zimbabwe with the necessary amount of food.”
With the Chairman of the National Assembly of the Republic of Zimbabwe Jacob Mudenda, the Chairwoman of the Federation Council stressed frequent interaction that gives a serious impetus not only to inter-parliamentary relations but to the entire range of Russia-Zimbabwean relations. According to her, both countries are actively interacting in the international arena based on compliance with international law and respect for the sovereignty of states.
Both reiterated the need to bring trade, economic and investment ties to a level that would correspond to political trusting relations. “We attach great importance to inter-parliamentary cooperation, which is designed to promote the implementation of agreements at the highest level, and we look forward to its further promotion,” she reiterated.
As Jacob Mudenda noted, mutual visits are very useful in terms of parliamentary diplomacy. According to him, the Zimbabwean parliament is working on legislative aspects in the field of expanding investment opportunities, speeding up the issuance of visas for foreign investors and reforming the tax regime for them.
Mudenda called on Russian companies and Russian entrepreneurs to expand cooperation with colleagues from Zimbabwe, in particular, in the field of agriculture, mining, and exploration of natural resources. He stated that the Zimbabwean colleagues would firmly support Russia on international parliamentary platforms.
During the meeting, Deputy Chairman of the Federation Council Konstantin Kosachev informed the Zimbabwean parliamentarians about the work of the Russian delegation at the meeting of the Assembly of the Inter-Parliamentary Union in Indonesia.
Co-Chairman of the Intergovernmental Russian-Zimbabwean Commission on Economic, Trade, Scientific and Technical Cooperation, Minister of Natural Resources and Ecology of the Russian Federation Alexander Kozlov informed about the results of the fourth meeting of the Intergovernmental Commission held the day before in Harare.
Zarubezhgeologiya, the operation of the international projects of Russian state company Rosgeo, might be brought in to work on the geological mapping of Zimbabwe, Russia’s Natural Resources Ministry said after a session of the Russia-Zimbabwe intergovernmental commission.
“In the course of meetings on the sidelines of the session, (Natural Resources Minister) Alexander Kozlov proposed to Zimbabwe’s Mining Development Minister Winston Chitando to engage Russian company Zarubezhgeologiya in work in the area of geological mapping. Zimbabwean colleague supported the idea and noted that the experience of Russian experts could be used in the creation of a joint geological digital database that has not been updated since the 1970s.
There was a raft of documents signed. Russian Prime Minister Mikhail Mishustin has signed decrees regarding memorandums on cooperation with Zimbabwe over diamonds and platinum group metals, according to documents published by the official internet portal of legislative information.
Besides that, Zimbabwe has asked Russia for larger supplies of agricultural products and for deliveries of petroleum products, Alexander Kozlov said after a fourth meeting of the Russian-Zimbabwean Intergovernmental Commission in Harare.
“The government of Zimbabwe has proposed to increase the volumes of wheat and vegetable oil supplies and start deliveries of petroleum products,” Kozlov said. Therefore, it was suggested that the Zimbabwean agriculture and energy ministries draft a specific request that would indicate the number of additional deliveries and the logistical chains, he said.
The share of agrarian products in Russia’s exports has been growing in recent years, mainly due to wheat and mineral fertilizers, Kozlov said. According to the Union of Grain Exporters, Russia supplied 11,900 tonnes of wheat to Zimbabwe in 2021 up from 810 tonnes in 2019.
In conversation with the Russian-Zimbabwean inter-parliamentary groups, Chairwoman of the Senate of the Republic of Zimbabwe Mabel Chinomona and Speaker Matviyenko exchanged views on a wide range of Russia-Zimbabwean inter-parliamentary cooperation and further noting that at the current stage, there is a stable and trusting political dialogue established between the two parties.
Russia and Zimbabwe are successfully interacting in the international arena on the basis of closeness or identity of positions on topical international and regional problems. “For its part, Russia has always supported Zimbabwe in the struggle to strengthen national sovereignty, defending its right to an independent course of development,” both agreed with this view.
They highly appreciated the existing opportunities for intensifying Russia-Zimbabwean inter-parliamentary relations. “One of the tools could be the conclusion of a Cooperation Agreement between the Federation Council and the Senate of the Republic of Zimbabwe. On the basis of this document, Matviyenko and Mabel Chinomona suggested could jointly implement a kind of what they termed “parliamentary patronage” in the development of contacts between the business circles – providing the necessary assistance in their activities.
There was then a proposal to sign an inter-parliamentary agreement outlining the priorities of the Russia-Zimbabwean agenda as the continuation of consistent work to develop the legal framework for bilateral relations, for instance, the possibility of broad cooperation in the field of healthcare, education and the humanitarian field.
The Chairwoman of the Federation Council supported the idea of the Zimbabwean side to install a monument dedicated to the Victory in the Great Patriotic War of 1941-1945 on the territory of the African Liberation Museum being created in Harare.
Deputy Minister of Science and Education of the Russian Federation Natalya Bocharova briefed the Zimbabwean parliamentarians on Russian initiatives in the field of humanitarian cooperation.
Valentina Matvienko and Mabel Chinomona took part in the signing ceremony of the Memorandum of Understanding between the Ministry of Science and Higher Education of the Russian Federation and the Ministry of Higher Education, Science and Technology Development of the Republic of Zimbabwe on cooperation in the field of scientific, scientific, technical and innovative activities. Matvienko finally stressed that Russia is interested in developing mutually beneficial cooperation with the countries of the African continent, and added that “This is one of the foreign policy priorities of the Russian Federation.”
According to the Russian Ministry of Foreign Affairs, Russia-Zimbabwean interaction is based on strong ties of friendship and cooperation, which developed during the struggle of the people for independence, and which continue to develop today. Zimbabwe is one of the 16-member Southern African Development Community.
World
Russia Expands Military-Technical Cooperation With African Partners
By Kestér Kenn Klomegâh
Despite geopolitical complexities, tensions and pressure, Russia’s military arms and weaponry sales earned approximately $15 billion at the closure of 2025, according to Kremlin report. At the regular session, chaired by Russian President Vladimir Putin on Jan. 30, the Commission on Military and Technical Cooperation with Foreign Countries analyzed the results of its work for 2025, and defined plans for the future.
It was noted that the system of military-technical cooperation continued to operate in difficult conditions, and with increased pressure from the Western countries to block business relations with Russia. The meeting, however, admitted that export contracts have generally performed sustainably. Russian military products were exported to more than 30 countries last year, and the amount of foreign exchange exceeded $15 billion.
Such results provide an additional opportunity to direct funds to the modernization of OPC enterprises, to the expansion of their production capacities, and to advanced research. It is also important that at these enterprises a significant volume of products is civilian products.
The Russian system of military-technical cooperation has not only demonstrated effectiveness and high resilience, but has created fundamental structures, which allow to significantly expand the “geography” of supplies of products of military purpose and, thus strengthen the position of Russia’s leader and employer advanced weapons systems – proven, tested in real combat conditions.
Thanks to the employees of the Federal Service for Military Technical Cooperation and Rosoboronexport, the staff of OPC enterprises for their good faith. Within the framework of the new federal project “Development of military-technical cooperation of Russia with foreign countries” for the period 2026-2028, additional measures of support are introduced. Further effective use of existing financial and other support mechanisms and instruments is extremely important because the volumes of military exports in accordance with the 2026 plan.
Special attention would be paid to the expansion of military-technological cooperation and partnerships, with 14 states already implementing or in development more than 340 such projects.
Future plans will allow to improve the characteristics of existing weapons and equipment and to develop new promising models, including those in demand on global markets, among other issues – the development of strategic areas of military-technical cooperation, and above all, with partners on the CIS and the CSTO. This is one of the priority tasks to strengthen both bilateral and multilateral relations, ensuring stability and security in Eurasia.
From January 2026, Russia chairs the CSTO, and this requires working systematically with partners, including comprehensive approaches to expanding military-technical relations. New prospects open up for deepening military-technical cooperation and with countries in other regions, including with states on the African continent. Russia has been historically strong and trusting relationships with African countries. In different years even the USSR, and then Russia supplied African countries with a significant amount of weapons and military equipment, trained specialists on their production, operation, repair, as well as military personnel.
Today, despite pressure from the West, African partners express readiness to expand relations with Russia in the military and military-technical fields. It is not only about increasing supplies of Russian military exports, but also about the purchase of other weapons, other materials and products. Russia has undertaken comprehensive maintenance of previously delivered equipment, organization of licensed production of Russian military products and some other important issues. In general, African countries are sufficient for consideration today.
World
Trump Picks Kevin Warsh to Succeed Jerome Powell as Federal Reserve Chair
By Adedapo Adesanya
President Donald Trump has named Mr Kevin Warsh as the successor to Mr Jerome Powell as the Federal Reserve chair, ending a prolonged odyssey that has seen unprecedented turmoil around the central bank.
The decision culminates a process that officially began last summer but started much earlier than that, with President Trump launching a criticism against the Powell-led US central bank almost since he took the job in 2018.
“I have known Kevin for a long period of time, and have no doubt that he will go down as one of the GREAT Fed Chairmen, maybe the best,” Mr Trump said in a Truth Social post announcing the selection.
US analysts noted that the 55-year old appear not to ripple market because of his previous experience at the apex bank as Governor, with others saying he wouldn’t always do the bidding of the American president.
If approved by the US Senate, Mr Warsh will take over the position in May, when Mr Powell’s term expires.
Despite having argued for reductions recently, “Warsh has a long hawkish history that markets have not forgotten,” one analyst told Bloomberg.
President Trump has castigated Mr Powell for not lowering interest rates more quickly. His administration also launched a criminal investigation of Powell and the Federal Reserve earlier this month, which led Mr Powell to issue an extraordinary rebuke of President Trump’s efforts to politicize the independent central bank.
World
BRICS Agenda, United States Global Dominance and Africa’s Development Priorities
By Kestér Kenn Klomegâh
Donald Trump has been leading the United States as its president since January 2025. Washington’s priority is to Make America Great Again (MAGA). Trump’s tariffs have rippled many economies from Latin America through Asian region to the continent of Africa. Trump’s Davos speech has explicitly revealed building a ‘new world order’ based on dominance rather than trust. He has also initiated whirlwind steps to annex Greenland, while further created the Board of Peace, aimed at helping end the two-year war between Israel and Hamas in Gaza and to oversee reconstruction. Trump is handling the three-year old Russia-Ukraine crisis, and other deep-seated religious and ethnic conflicts in Africa.
These emerging trends, at least in a considerable short term, are influencing BRICS which has increased its geopolitical importance, and focusing on uniting the countries in the Global East and Global South. From historical records, BRICS, described as non-western organization, and is loosing its coherence primarily due to differences in geopolitical interests and multinational alignments, and of course, a number of members face threats from the United States while there are variations of approach to the emerging worldwide perceptions.
In this conversation, deputy director of the Center for African Studies at Moscow’s National Research University High School of Economics (HSE), Vsevolod Sviridov, expresses his opinions focusing on BRICS agenda under India’s presidency, South Africa’s G20 chairmanship in 2024, and genegrally putting Africa’s development priorities within the context of emerging trends. Here are the interview excerpts:
What is the likely impact of Washington’s geopolitics and its foreign policy on BRICS?
From my perspective, the current Venezuela-U.S. confrontation, especially Washington’s tightened leverage over Venezuelan oil revenue flows and the knock-on effects for Chinese interests, will be read inside BRICS as a reminder that sovereign resources can still be constrained by financial chokepoints and sanctions politics. This does not automatically translate into BRICS taking Venezuela’s side, but it does strengthen the bloc’s long-running argument for more resilient South-South trade settlement, diversified energy chains, and financing instruments that reduce exposure to coercive measures, because many African and other developing economies face similar vulnerabilities around commodities, shipping, insurance, and correspondent banking. At the same time, BRICS’ expansion makes consensus harder: several members maintain significant ties with the U.S., so the most likely impact is a technocratic push rather than a loud political campaign.
And highlighting, specifically, the position of BRICS members (South Africa, Ethiopia and Egypt, as well as its partnering African States (Nigeria and Uganda)?
Venezuela crisis urges African members to demand that BRICS deliver usable financial and trade tools. For South Africa, Ethiopia, and Egypt, the Venezuela case is more about the precedent: how quickly external pressure can reshape a country’s fiscal room, debt dynamics, and even investor perceptions when energy revenues and sanctions compliance collide. South Africa will likely argue that BRICS should prioritize investment, industrialization, and trade facilitation. Ethiopia and Egypt, both debt-sensitive and searching for FDI, will be especially attentive to anything that helps de-risk financing, while avoiding steps that could trigger secondary-sanctions anxieties or scare off diversified investors.
Would the latest geopolitical developments ultimately shape the agenda for BRICS 2026 under India’s presidency?
India’s 2026 chairmanship is already framed around “Resilience, Innovation, Cooperation and Sustainability,” and Venezuela’s shock (paired with broader sanction/market-volatility lessons) will likely sharpen the resilience part. From an African perspective, that is an opportunity: South Africa, Ethiopia, and Egypt can press India to translate the theme into deliverables that matter on the ground: food and fertilizer stability, affordable energy access, infrastructure funding. India, in turn, has incentives to keep BRICS focused on economic problem-solving rather than becoming hostage to any single flashpoint. So the Venezuela episode may function as a cautionary case study that accelerates practical cooperation where African members have the most to gain. And I would add: the BRICS agenda will become increasingly Africa-centered simply because Africa’s weight globally is rising, and recent summit discussions have repeatedly highlighted African participation as a core Global South vector. South Africa’s G20 chairmanship last year explicitly framed around putting Africa’s development priorities high on the agenda, further proves this point.
-
Feature/OPED6 years agoDavos was Different this year
-
Travel/Tourism9 years ago
Lagos Seals Western Lodge Hotel In Ikorodu
-
Showbiz3 years agoEstranged Lover Releases Videos of Empress Njamah Bathing
-
Banking8 years agoSort Codes of GTBank Branches in Nigeria
-
Economy3 years agoSubsidy Removal: CNG at N130 Per Litre Cheaper Than Petrol—IPMAN
-
Banking3 years agoSort Codes of UBA Branches in Nigeria
-
Banking3 years agoFirst Bank Announces Planned Downtime
-
Sports3 years agoHighest Paid Nigerian Footballer – How Much Do Nigerian Footballers Earn











