World
Russia, Guinea-Bissau Raising Strategic Partnership
By Kestér Kenn Klomegâh
With high anticipation for increased partnership between Russia and Guinea-Bissau that has never been stronger since the collapse of the Soviet Union, but the anticipated change, to be facilitated by implementing bilateral agreements, provides a brimming hope and possibility.
Russian President Vladimir Putin definitively re-asserted and underscored a comprehensive bilateral collaboration, in a speech, at a highly-guarded Kremlin meeting held on February 26, with President of the Republic of Guinea-Bissau, Umaro Sissoco Embalo, who was in Russia on an official state working visit, and that was the fourth time to Moscow.
On 9th May 2024, Guinea-Bissau leader Embalo was one of the special guests to the May Day celebrations at the Red Square and later as part of the team to discuss peace initiatives with the Kremlin.
That May Day celebrations, Putin stressed that “Africa is now building up capacity and aspires to emerging as an effective powerhouse in a multipolar world with its unique identity by making confident strides in nurturing a genuine sense of political and economic sovereignty.”
During the first Quarter of 2025, Central African Republic (CAR), Faustin-Archange Touadéra, in mid-January, which analysts, however, speculated that a permanent Russian military base was planned for CAR.
An agreement on military-technical cooperation with the Russian Federation includes supply of specified military weapons and equipment, training of personnel in Russia’s military institutions as well as building a military base in the country in exchange for having complete access to natural resources.
There are estimated 2,500 Russian instructors working there, according to local Russian media reports. That Central African Republic (CAR), Faustin-Archange Touadéra was followed by Guinea-Bissau leader Umaro Sissoco Embalo.
Within a few minutes of arrival at the guest reception hall, an artfully security guards escorted, reminiscent of Soviet times, the consultations began with a restricted format meeting between the two leaders, with Deputy Prime Minister Alexander Novak, Presidential Aide Yury Ushakov and Deputy Foreign Minister Alexander Pankin attending the meeting on the Russian side.
Putin reminded first that Russian-Guinea-Bissauan diplomatic relations have marked more than 50 years of their establishment, and further underscored significant successes and achievements during the past few years, concretely after the first Russia-Africa Summit in 2019. Putin emphasised that last year, trade between Russia and Africa continued to grow, increasing by 10 per cent. However, trade and economic ties between two countries undoubtedly require careful attention from both sides, so that these ties could gain additional momentum.
Russia and Guinea-Bissau have previously signed various agreements to bolster trade, economic cooperation and military-technical sphere, and beyond that created working groups on developing and subsequent implementation of programmes and projects, particularly in Guinea-Bissau. “There is strong potential and promising opportunities in these areas, as many Russian companies are showing increasing interest in working in the Guinea-Bissauan market,” according to Putin.
Reports indicate that over 70 per cent of Guinea-Bissau’s servicemen and civilian officials were trained in the Soviet Union. This explains the necessity for the level of close interaction and cooperation with Russia. Educational and cultural ties are expanding. Putin primarily referred to the growing interest among young people in getting an education in Russia. This applies to military education and training as much as civilian programmes. Traditionally, the military of Guinea-Bissau gets their degrees from Russian military academies. Moreover, Russia has increased the quota for Guinea-Bissauan friends for the current year, 2025/26.
President of the Republic of Guinea-Bissau, Umaro Sissoco Embalo, began negotiation talks with the Russians, and of course, that was the realpolitik logic to review relations, by expressing high gratitude for contributions to the establishment of their nationhood made back in the Soviet Union era, and since gaining political independence, during post-Soviet times when Russia has continued to make significant admirable contributions to the current economic development.
This pointed to the unerasable fact that the Guinea-Bissauan and Russian peoples are reliable partners and endearingly ready to promote the bilateral ties of friendship and to strengthen further economic cooperation.
Meanwhile, the most cogent truth about the previous official visits undertaken by Umaro Sissoco Embalo, included the first (2019) and second (2023) Russia-Africa Summits, respectively in the southern city of Sochi and the cultural capital, St. Petersburg. Umaro Sissoco Embalo showed extra-caution in imploring potential Russian investors, with tectonic interest not only in Guinea-Bissau but also generally with African countries, to ‘walk the talk’ referring to several agreements that have not been implemented over the years. From the first Russia-Africa Summit, a total of 92 agreements were signed with African countries, and that was followed by numerous agreements during the St. Petersburg’s summit in July 2023.
In the context of changing geopolitical balance, at least, it is important to understand the real situation on the ground. Russia has to focus concretely, back away from mere rhetoric, on partnership based on local African realities, take into practical account Africa’s sustainable development goals and to prioritise the African Union’s Agenda 2063. It is important that the declarations just remain on paper, but lead to real actions and projects, with visible results.
Back in October 2022, Umaro Sissoco Embalo, as President of Guinea-Bissau and Chairman of the Economic Community of West African States (ECOWAS), during that Kremlin meeting, Putin emphasized Russia’s contribution in promoting security not only in Guinea-Bissau but also throughout West Africa. With a population of approximately 1.8 million people, Guinea-Bissau faces challenges of ensuring security and more than two-thirds of its population lives below the poverty line.
Guinea-Bissau, like many African states, has had political problems. Embalo has held the presidential post in Guinea-Bissau since January 2020, and will soon hold the next elections. Putin unreservedly promised Russia’s assistance and strongly urged the Guinea-Bissauans, during the forthcoming elections, to support Umaru Sissoco Embalo and to continue the admirable work started as President. Acknowledged the good relations that have developed between Russia and Guinea-Bissau, in these recent years, largely associated with the name of Umaru Sissoco Embalo.
Some local Russian media pulled discussions and analysis, tied up with the attempts to support Guinea-Bissau leader Umaro Sissoco Embalo to win the elections, (i) first to sustain large-scale partnership in security issues in West Africa, and second for continuity of Russia-Guinea Bissauan relationship, and (ii) second to capital on political stability in exploring of natural resources, construction of infrastructure facilities, as well as development of agriculture and fisheries.
Notwithstanding Russia’s several promises and pledges, African countries are bound to wake up to a common understanding of the true meaning of their colonial past for the present, and determine their own future existence. And in fact, the leaders and the elites have to engage in development decision-making processes, and at the same time have to play their roles as autonomous actors instead of being pawns in the context of global geopolitics.
Sharing borders with Guinea (to the southeast), Gambia and Senegal (to the north), Guinea-Bissau attained its independence in September 1973. Guinea-Bissau follows a non-aligned foreign policy and seeks friendly and cooperative relations with a wide variety of states and organizations. Besides, Eсonomic Community of West African States (ECOWAS), Guinea-Bissau is a member of the African Union (AU) and the United Nations.
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.
World
United States, Russia Resolving Trade Issues, Seeking New Business Opportunities
By Kestér Kenn Klomegâh
Despite the complexities posed by Russia-Ukraine crisis, United States has been taking conscious steps to improve commercial relations with Russia. Unsurprisingly, Russia, on the other hand, is also moving to restore and normalise its diplomacy, negotiating for direct connections of air-routes and passionate permission to return its diplomats back to Washington and New York.
In the latest developments, Kirill Dmitriev, Chief Executive Officer of the Russian Direct Investment Fund (RDIF), has been appointed as Russian President’s Special Envoy to United States. This marked an important milestone towards raising bilateral investment and economic cooperation. Russian President Vladimir Putin tasked him to exclusively promote business dialogue between the two countries, and further to negotiate for the return of U.S. business enterprises. According to authentic reports, United States businesses lost $300+ bn during this Russia-Ukraine crisis, while Russia’s estimated 1,500 diplomats were asked to return to Moscow.
Strategically in late November 2025, the American Chamber of Commerce in Russia (AmCham) has awarded Kirill Dmitriev, praised him for calculated efforts in promoting positive dialogue between the United States and Russia within the framework decreed by President Vladimir Putin. Chief Executive Officer of Russian Direct Investment Fund (RDIF) Kirill Dmitriev is the Special Representative of the Russian President for Economic Cooperation with Foreign Countries. Since his appointment, his primary focus has been on United States.
“Received an American Chamber of Commerce award ‘For leadership in fostering the US-Russia dialogue,’” Dmitriev wrote on his X page, in late November, 2025. According to Dmitriev, more than 150 US companies are currently operating in Russia, with more than 70% of them being present on the Russian market for over 25 years.
In addition, Chamber President Sergey Katyrin and American Chamber of Commerce in Russia (AmCham) President Robert Agee have also been discussing alternatives pathways to raise bilateral business cooperation. Both have held series of meetings throughout this year, indicating the the importance of sustaining relations as previously. Expectedly, the Roscongress Foundation has been offered its platforms during St. Petersburg International Economic (SPIEF) for the American Chamber of Commerce (AmCham).
On December 9, Sergey Katyrin and Robert Agee noted that, despite existing problems and non-economic obstacles, the business communities of Russia and the United States proceed from the necessity of maintaining professional dialogue. Despite the worsening geopolitical conditions, Sergey Katyrin and Robert Agee noted the importance of preserving stable channels of trade and pragmatic prospects for economic cooperation. These will further serve as a stabilizing factor and an instrument for building mutual trust at the level of business circles, industry associations, and the expert community.
The American Chamber of Commerce (AmCham) will be working in the system of the Chamber of Commerce and Industry (CCI) in the Russian Federation, which currently comprises 57,000 legal entities, 130 regional chambers and a combined network of representative offices covering more than 350 points of presence.
According to reports obtained by this article author from the AmCham, promising sectors for Russian-American economic cooperation include healthcare and the medical industry, civil aviation, communications/telecom, natural resource extraction, and energy/energy equipment. The United States and Russia have, more or less, agreed to continue coordinating their work to facilitate the formation of a more favorable environment for Russian and American businesses, reduce risks, and strengthen business ties. Following the American-Russian Dialogue, a joint statement and working documents were adopted.
-
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
-
Banking7 years agoSort Codes of GTBank Branches in Nigeria
-
Economy3 years agoSubsidy Removal: CNG at N130 Per Litre Cheaper Than Petrol—IPMAN
-
Banking3 years agoFirst Bank Announces Planned Downtime
-
Banking3 years agoSort Codes of UBA Branches in Nigeria
-
Sports3 years agoHighest Paid Nigerian Footballer – How Much Do Nigerian Footballers Earn












