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Russia Improving Beneficial Ties With Africa

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Russia Beneficial Ties With Africa

By Kestér Kenn Klomegâh

Most of African political leaders are now reacting to post-Soviet politics and emerging economic possibilities in Russia. With emerging multipolarism, some leaders are already adapting to the fast-changing situation and adjusting policies that would support their development goals and effectively work on their election pledges. Despite the internal development hurdles, the majority are shifting from the Western and European alliances, looking forward towards cooperating with countries in the Global South.

Professor Vladimir Shubin, Institute for African Studies under the Russian Academy of Sciences, has raised some serious issues in Russian-African relations that need careful consideration. In the first place, inside Africa, there is clear evidence that most of the political leaders are now reacting to post-Soviet politics and emerging economic possibilities in Russia. President Vladimir Putin and the Kremlin authorities have also moved progressively with a new phase in consolidating political ties at the state levels with Africa. In order to maintain this relationship, African countries have to pay high attention to and take significant steps in promoting their achievements and highlighting their most development needs.

Professor Shubin’s interview on political relations between Russia and Africa as well as economic cooperation will attract more and more practical academic discussions. Such scholarly contributions, in essence, help deepen understanding of the problems that mitigate building a solid relationship or partnership with Russia. In the past, the emphasis was strongly put on political ideology, but now, that has largely changed and it’s obvious that increased economic cooperation is the main determining factor, especially in the fields of mining, transportation, infrastructure construction, industry, agriculture, and tourism.

These have to be placed, step by step, on a new basis of mutual interests. What is abundantly clear is how to stimulate African governments into exploring investment opportunities in Russia and Russian investors into Africa within some framework of cooperation. It is also worthy to say that Russia has played roles in Africa and Africans have to work towards good governance, adopt good development strategies and seek improved welfare for the population. Equally interesting is the Asian States are moving faster than Africa and consequently the development gap is widening.

As correctly pointed out by Professor Vladimir Shubin in this wide-ranging interview with Kestér Kenn Klomegâh, certain developments, and approaches, however, provide a basis for criticisms and for pessimistic views as to what extent, these ideas can be realised for Africa. The world continues watching developments. Interview excerpts here:

In the Cold War era, Africa was an ideological playing field for the United States and the then-Soviet Union, but all these changed after the Soviet collapse. What are your comments relating to the relationship between Russia and Africa?

Indeed, the style of work and its intensity are quite different in the case of the first president Boris Yeltsin and his successor Vladimir Putin. I would not attribute the reasons for the marked changes just to personalities. One should not look at Russia today as something “monolithic” tightly directed from the Kremlin, as the USSR used to be at some stage. Different political forces are competing for power in the country or, at least, for influence over it. These forces represent the interests of various diverse political and social groups that also need to be carefully analysed within a particular context.

This is true for foreign policy as well, even if according to “Yeltsin’s Constitution” of 1993, the President determines the main foreign policy directions. Concerning Africa, there are significant forces in Russia, which stand for the further development of bilateral relations and stronger economic cooperation. They include not only traditional friends of Africa on the left side of the political spectrum but take Russian industrialists who are interested in exporting their manufactured goods to African countries or in exploring its mineral resources.

Does the Kremlin have an agenda for Africa? How would you defend the affirmative position, citing examples?

That is quite interesting. I have never heard about a special Moscow’s “agenda” for Africa, but one should proceed from the “Concept of the Foreign Policy of the Russian Federation” approved by Putin soon after his election to the post. Africa occupies a decent, albeit modest place. Putin several times spoke about Russia’s involvement in African affairs. Putin said: “As to Russia, traditionally with the African continent, we’ve got very good relations. We subtly feel all the problems of the African continent…I must say Russia’s contribution is very noticeable in dealing with the problems of Africa.”

Among other things related to the writing off part of the debts of African countries, Russia makes very great contributions: we take part in humanitarian programmes and, in particular, in health programmes. We grant African countries a considerable amount of scholarships for studying in higher educational institutions in Russia and plan to carry on this programme in the future. Russia’s assistance to African countries is multi-pronged and we are convinced that this activity ultimately meets the national interests of the Russian Federation.

What would you like to suggest if you were to advise the Kremlin administration’s policy approach towards African countries? What are your opinions about the future of Russian-African relations?

Africa has great potential for our bilateral relationships. Truly and firstly, in the political sphere, there are hardly any sharp controversies between Russia and African countries. Agreeably, the relations in other spheres, especially in economic cooperation, are lagging. Thus, the bilateral trade is many times less than that of China, India and many foreign countries with Africa.

I am not sure that “Kremlin administrators” often ask for advice from the academic community. But some steps are overdue, such as Putin’s working visit to Africa, south of the Sahara. Russian banks are making initial steps in operating in Africa, while the lack of credit facilities has been the major obstacle to the successful development of economic ties. However, Russia needs genuine and objective information about modern Africa, and here both state and private mass media linger a lot.

Has Russia identified its role in any of the African regional organisation’s programmes aimed towards the development goals of Africa?

One should always remember that Moscow feels the problems of the African continent, perhaps better than some other “developed countries” – both because of its history of cooperation with African countries and because it often faces similar development problems. However, with these trends, I am not sure that African diplomacy pays enough attention to Russia. Moreover, I think that a considerably good part of it is under the influence of Western propaganda, which does its best to portray Moscow as the backyard of Europe. On the other hand, Moscow’s capacity to carry out practical steps in cooperation with African countries is limited by its internal economic problems

Nevertheless, we can mention Russia’s continuous active involvement practically in all UN peace-keeping missions in Africa, Russia’s significant contributions to the international fund on combating, for instance, tuberculosis, malaria and other tropical diseases as Russia’s indication of interest in Africa, but we also want African leaders to show, with clarity, their interests in Russia. It should not be just one-way traffic.

In your critical assessment, what African leaders be seen doing if they want to get out of their multiple problems and practically get integrated into the global community?

It is not for a Russian academic to advise African governments. However, some things look obvious. Africa can play an important and fair role in the “globalising world” only if the continent really “globalises” itself, first by effectively strengthening its continental and regional cooperation to be able to speak in one voice. All true friends of Africa welcomed the creation of the African Union, but it remains to be seen how practically effective this organisation will be.

Unfortunately, some of the recent events and developments there and the African Union’s political approach do not allow us to be too optimistic. There is a lot of pessimism about how far the African Union idea can go and what it can achieve for the continent. This depends largely on the political attitudes of the people themselves. The funniest thing is that whenever there are problems in Africa, the leaders fly to Europe in search of assistance.

Do the African politicians realise that they have or must help Africa to develop? For example, even after the establishment of the African Union, there were appeals for outside forces to solve intra-African conflicts. Even more disturbing is a lack of consistency in the approach to the most crucial international issues. Africans have to acknowledge the fact that the world has progressively changed and they must be seen changing at a similar positive pace. It’s about time Africans took development issues seriously and worked progressively towards establishing good governance and drastically seeking improvement in the welfare of its large impoverished population.

Relations are supposed to be a two-way road (street). Do you think some African political leaders are also not up to expectations in their relations with Russia? What should they be seen doing to raise friendly ties with Russia?

I cannot say that African leaders do their best in developing bilateral relations. Truly and passionately, they come to Russia more often than ten years ago, but a lot still has to be done. Perhaps, one of the reasons why some African leaders “write off” Russia is the lack of information about Russia or rather plenty of distorted information they have received from the Western media coverage of Russia. Moreover, some of the foreign journalists writing from here for African media cause damage to the bilateral relations.

Now and then, speaking to African diplomats in Moscow, I often joke: “Some of you are accredited not to Russia, but to the African diplomatic corps” in Moscow. It is a bitter joke, but it reflects reality. While some of the embassies are actively promoting their countries and are winning friends for Africa, others are hardly visible, even for African scholars here.

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Russian-Nigerian Economic Diplomacy: Ajeokuta Symbolises Russia’s Remarkable Achievement in Nigeria

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Ajaokuta Steel Plant, Nigeria

By Kestér Kenn Klomegâh

Over the past two decades, Russia’s economic influence in Africa—and specifically in Nigeria—has been limited, largely due to a lack of structured financial support from Russian policy banks and state-backed investment mechanisms. While Russian companies have demonstrated readiness to invest and compete with global players, they consistently cite insufficient government financial guarantees as a key constraint.

Unlike China, India, Japan, and the United States—which have provided billions in concessionary loans and credit lines to support African infrastructure, agriculture, manufacturing, and SMEs—Russia has struggled to translate diplomatic goodwill into substantial economic projects. For example, Nigeria’s trade with Russia accounts for barely 1% of total trade volume, while China and the U.S. dominate at over 15% and 10% respectively in the last decade. This disparity highlights the challenges Russia faces in converting agreements into actionable investment.

Lessons from Nigeria’s Past

The limited impact of Russian economic diplomacy echoes Nigeria’s own history of unfulfilled agreements during former President Olusegun Obasanjo’s administration. Over the past 20 years, ambitious energy, transport, and industrial initiatives signed with foreign partners—including Russia—often stalled or produced minimal results. In many cases, projects were approved in principle, but funding shortfalls, bureaucratic hurdles, and weak follow-through left them unimplemented. Nothing monumental emerged from these agreements, underscoring the importance of financial backing and sustained commitment.

China as a Model

Policy experts point to China’s systematic approach to African investments as a blueprint for Russia. Chinese state policy banks underwrite projects, de-risk investments, and provide finance often secured by African sovereign guarantees. This approach has enabled Chinese companies to execute large-scale infrastructure efficiently, expanding their presence across sectors while simultaneously investing in human capital.

Egyptian Professor Mohamed Chtatou at the International University of Rabat and Mohammed V University in Rabat, Morocco, argues: “Russia could replicate such mechanisms to ensure companies operate with financial backing and risk mitigation, rather than relying solely on bilateral agreements or political connections.”

Russia’s Current Footprint in Africa

Russia’s economic engagement in Africa is heavily tied to natural resources and military equipment. In Zimbabwe, platinum rights and diamond projects were exchanged for fuel or fighter jets. Nearly half of Russian arms exports to Africa are concentrated in countries like Nigeria, Zimbabwe, and Mozambique. Large-scale initiatives, such as the planned $10 billion nuclear plant in Zambia, have stalled due to a lack of Russian financial commitment, despite completed feasibility studies. Similar delays have affected nuclear projects in South Africa, Rwanda, and Egypt.

Federation Council Chairperson Valentina Matviyenko and Senator Igor Morozov have emphasized parliamentary diplomacy and the creation of new financial instruments, such as investment funds under the Russian Export Center, to provide structured support for businesses and enhance trade cooperation. These measures are designed to address historical gaps in financing and ensure that agreements lead to tangible outcomes.

Opportunities and Challenges

Analysts highlight a fundamental challenge: Russia’s limited incentives in Africa. While China invests to secure resources and export markets, Russia lacks comparable commercial drivers. Russian companies possess technological and industrial capabilities, but without sufficient financial support, large-scale projects remain aspirational rather than executable.

The historic Russia-Africa Summits in Sochi and in St. Petersburg explicitly indicate a renewed push to deepen engagement, particularly in the economic sectors. President Vladimir Putin has set a goal to raise Russia-Africa trade from $20 billion to $40 billion over the next few years. However, compared to Asian, European, and American investors, Russia still lags significantly. UNCTAD data shows that the top investors in Africa are the Netherlands, France, the UK, the United States, and China—countries that combine capital support with strategic deployment.

In Nigeria, agreements with Russian firms over energy and industrial projects have yielded little measurable progress. Over 20 years, major deals signed during Obasanjo’s administration and renewed under subsequent governments often stalled at the financing stage. The lesson is clear: political agreements alone are insufficient without structured investment and follow-through.

Strategic Recommendations

For Russia to expand its economic influence in Africa, analysts recommend:

  1. Structured financial support: Establishing state-backed credit lines, policy bank guarantees, and investment funds to reduce project risks.
  2. Incentive realignment: Identifying sectors where Russian expertise aligns with African needs, including energy, industrial technology, and infrastructure.
  3. Sustained implementation: Turning signed agreements into tangible projects with clear timelines and milestones, avoiding the pitfalls of unfulfilled past agreements.

With proper financial backing, Russia can leverage its technological capabilities to diversify beyond arms sales and resource-linked deals, enhancing trade, industrial, and technological cooperation across Africa.

Conclusion

Russia’s Africa strategy remains a work in progress. Nigeria’s experience with decades of agreements that failed to materialize underscores the importance of structured financial commitments and persistent follow-through. Without these, Russia risks remaining a peripheral player (virtual investor) while Arab States such as UAE, China, the United States, and other global powers consolidate their presence.

The potential is evident: Africa is a fast-growing market with vast natural resources, infrastructure needs, and a young, ambitious population. Russia’s challenge—and opportunity—is to match diplomatic efforts with financial strategy, turning political ties into lasting economic influence.

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Afreximbank Warns African Governments On Deep Split in Global Commodities

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Commodities Market

By Adedapo Adesanya

Africa Export-Import Bank (Afreximbank) has urged African governments to lean into structural tailwinds, warning that the global commodity landscape has entered a new phase of deepening split.

In its November 2025 commodity bulletin, the bank noted that markets are no longer moving in unison; instead, some are powered by structural demand while others are weakening under oversupply, shifting consumption patterns and weather-related dynamics.

As a result of this bifurcation, the Cairo-based lender tasked policymakers on the continent to manage supply-chain vulnerabilities and diversify beyond the commodity-export model.

The report highlights that commodities linked to energy transition, infrastructure development and geopolitical realignments are gaining momentum.

For instance, natural gas has risen sharply from 2024 levels, supported by colder-season heating needs, export disruptions around the Red Sea and tightening global supply. Lithium continues to surge on strong demand from electric-vehicle and battery-storage sectors, with growth projections of up to 45 per cent in 2026. Aluminium is approaching multi-year highs amid strong construction and automotive activity and smelter-level power constraints, while soybeans are benefiting from sustained Chinese purchases and adverse weather concerns in South America.

Even crude oil, which accounts for Nigeria’s highest foreign exchange earnings, though still lower year-on-year, is stabilising around $60 per barrel as geopolitical supply risks, including drone attacks on Russian facilities, offset muted global demand.

In contrast, several commodities that recently experienced strong rallies are now softening.

The bank noted that cocoa prices are retreating from record highs as West African crop prospects improve and inventories recover. Palm oil markets face oversupply in Southeast Asia and subdued demand from India and China, pushing stocks to multi-year highs. Sugar is weakening under expectations of a nearly two-million-tonne global surplus for the 2025/26 season, while platinum and silver are seeing headwinds from weaker industrial demand, investor profit-taking and hawkish monetary signals.

For Africa, the bank stresses that the implications are clear. Countries aligned with energy-transition metals and infrastructure-linked commodities stand to benefit from more resilient long-term demand.

It urged those heavily exposed to softening agricultural markets to accelerate a shift into processing, value addition and product diversification.

The bulletin also called for stronger market-intelligence systems, improved intra-African trade connectivity, and investment in logistics and regulatory capacity, noting that Africa’s competitiveness will depend on how quickly governments adapt to the new two-speed global environment.

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Aduna, Comviva to Accelerate Network APIs Monetization

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Aduna Comviva Network APIs Monetization

By Modupe Gbadeyanka

A strategic partnership designed to accelerate worldwide enterprise adoption and monetisation of Network APIs has been entered into between Comviva and the global aggregator of standardised network APIs, Aduna.

The adoption would be done through Comviva’s flagship SaaS-based platform for programmable communications and network intelligence, NGAGE.ai.

The partnership combines Comviva’s NGAGE.ai platform and enterprise onboarding expertise with Aduna’s global operator consortium.

This unified approach provides enterprises with secure, scalable access to network intelligence while enabling telcos to monetise network capabilities efficiently.

The collaboration is further strengthened by Comviva’s proven leadership in the global digital payments and digital lending ecosystem— sectors that will be among the biggest adopters of Network APIs.

The NGAGE.ai platform is already active across 40+ countries, integrated with 100+ operators, and processing over 250 billion transactions annually for more than 7,000 enterprise customers. With its extensive global deployment, NGAGE.ai is positioned as one of the most scalable and trusted platforms for API-led network intelligence adoption.

“As enterprises accelerate their shift toward real-time, intelligence-driven operations, Network APIs will become foundational to digital transformation. With NGAGE.ai and Aduna’s global ecosystem, we are creating a unified and scalable pathway for enterprises to adopt programmable communications at speed and at scale.

“This partnership strengthens our commitment to helping telcos monetise network intelligence while enabling enterprises to build differentiated, secure, and future-ready digital experiences,” the chief executive of Comviva, Mr Rajesh Chandiramani, stated.

Also, the chief executive of Aduna, Mr Anthony Bartolo, noted that, “The next wave of enterprise innovation will be powered by seamless access to network intelligence.

“By integrating Comviva’s NGAGE.ai platform with Aduna’s global federation of operators, we are enabling enterprises to innovate consistently across markets with standardised, high-performance Network APIs.

“This collaboration enhances the value chain for operators and gives enterprises the confidence and agility needed to launch new services, reduce fraud, and deliver more trustworthy customer experiences worldwide.”

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