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.
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.
World
Russia to Support Industrial Growth, Technological Advancement and Supply Chain Resilience across Africa
By Kestér Kenn Klomegâh
With the heightening of geopolitical rivalry and competition, a new Russia-Africa working group has emerged as a significant institutional mechanism and plans to focus on facilitating and monitoring strategic investments, industrialisation, and infrastructural development—the Strategic Action Plan 2023-2026—that was outlined during the second Russia-Africa summit, in St.Petersburg, the second largest city in the Russian Federation.
While substantial progress has, largely, lagged on the multidimensional economic front with Africa primarily due to its internal difficulties and the complexity of relations with its former Soviet neighbours, Russian officials believe there still remains huge untapped potential in strengthening bilateral cooperation. As planned, President Vladimir Putin has already signed an executive order that directs Moscow to host the forthcoming third Russia-Africa summit in October 2026.
On June 30, a regular meeting of the Business Council on Africa was held under the chairmanship of the head of the Russian Foreign Ministry. It was dedicated to issues of trade, economic and investment cooperation with Africa. The group discussed the current state and prospects for the implementation of policy initiatives with an emphasis on assisting the countries of the continent, strengthening their economic, energy, technological and food sovereignty, as well as training specialists for Africa.
Foreign Minister Sergey Lavrov has reiterated that Russia-Africa relations primarily depend on an understanding of the importance of collective action based on the principles of equality, mutual respect and resolving common tasks. In the past few years, Russia-Africa cooperation has been noticeably strengthening. “We are deepening political dialogues, developing bilateral contacts with African countries, promoting cordial cooperation between ministries and departments, and expanding humanitarian exchanges. We are also continuing the structural diversification of trade partnerships and economic dimensions.”
“Next on the agenda is the launch of diplomatic missions in The Gambia, Liberia, Togo, and the Union of the Comoros,” Lavrov said at a meeting of the Business Council under the Russian foreign minister. Lavrov noted that Russian embassies began operating in three other African countries in 2025: Niger, Sierra Leone, and South Sudan. A new Department for Partnership with Africa was also established. According to the top diplomat, “expanding Russia’s diplomatic presence on the continent contributes to developing relations.”
There are already 45 Russian embassies operating in Africa. The Russian foreign minister noted that Moscow is quickly rebuilding its presence in African countries, which sharply declined during the collapse of the Soviet Union. “There will be literally four or five countries left where we still need to establish full-fledged embassies, and then, we will have 100 per cent coverage of the entire African continent with our diplomatic presence,” Lavrov emphasised.
After the first summit in October 2019, the Foreign Ministry also created the Secretariat of the Russia-Africa Partnership Forum. Its main tasks include controlling the roadmap to Africa’s multidimensional cooperation and guiding potential Russian investors to the continent. This also underscored the priority and post-Soviet solidarity Russia currently attaches to its policy towards Africa, within the growing framework of the emerging new architecture of multipolarity in the Global South.
In an interview in June 2026, the director of the Department of Partnership with Africa at the Foreign Ministry, Tatyana Dovgalenko, shared a few insights in the lead-up to the third summit. Furthermore, Dovgalenko explained that Russia would move away from security to concentrate more on economic issues, especially to team up with African colleagues to streamline mechanisms for implementing projects that will ensure food security and agriculture, and help Africa in installing processing facilities to support its self-sufficiency. She also emphasised energy and vital infrastructures, and the third direction was to simultaneously work more coherently with sub-regional organisations.
Over the past few years, bilateral relations have been increasing. There are positive dynamics in trade turnover, estimated at $30 billion. Steps are being taken to build payment systems, preferably in national currencies, while Russia looks to open four more diplomatic offices, bringing the total to 48 across Africa. Russia is currently training 37,000 African students, but only approximately 1/3 on state scholarships in Russia’s educational institutions. “We are ready to share valuable experiences of building a sovereign development model with African partners to achieve self-reliant economic growth based on their own resources and capabilities. Russia aims at creating processing capabilities and localising production, and provides access to advanced technological solutions,” underlined Dovgalenko in her interview with New Eastern Outlook.
For African countries that have endured difficult decades on the path to political independence, it is now important to take full control over the untapped resources, direct income and revenue toward stimulating the national economic sector, rather than paying for the well-being of the Western “golden billion” during this changing geopolitical era, according to Dovgalenko.
According to reports, the forthcoming Russia-Africa summit will have an economic agenda, including the digital economy, technology, artificial intelligence, healthcare, investment, and settlements in global trade. Of course, the agenda will also cover Africa’s political aspects. But if African friends bring along any specific ideas, Russia will give them serious attention. In addition, with continuity and consistency, pay increased attention to expanding ties with Africa’s regional integration associations.
Going forward, the focus will be on translating strong trade relations into deeper investment partnerships, fostering technology collaboration, strengthening industrial linkages and contributing towards the shared objectives set by the leadership of both African countries and Russia. At the third summit, the above-mentioned specific initiatives will be further designed. In this regard, the key document, the new action plan for the next three-year period (2027-2029), is intended to reflect dynamic realities in the future relations of Russia and Africa
