World
Russia Plans Special Training for Senior Journalists in Africa
By Kester Kenn Klomegah
Russia’s Ministry of Foreign Affairs (MFA), collaborating with Ministry of Communications, Diplomatic Academy and the Institute for African Studies, plans to launch a short orientation and training programme for senior editors working in the state media organisations in African countries.
The media initiative came up as a follow up to Foreign Minister Sergey Lavrov’s discussions during his African tour early March about rolling out a comprehensive strategic roadmap for a more integrated cooperation and find effective ways of improving public diplomacy in Africa.
On May 16, Sergey Lavrov chaired the Foreign Ministry Collegium meeting on the subject “Cooperation with Sub-Saharan African countries as part of implementing important tasks of Russian foreign policy.”
The meeting noted that the consolidation of versatile ties with the Sub-Saharan African countries remains a major part of Russia’s foreign policy strategy, which is acquiring special significance in the context of deep changes in the global arena.
The MFA has released an official document, available to its website, titled “Concept of the Russian Federation on Cooperation with African Media” stresses the need to cooperate with African media as Russia looks forward to strengthening relations and share strategic interests with Africa on international arena.
According to the MFA “the Russian Federation is implementing programmes of cooperation with various African countries which include education, culture, art, the media and sport.”
The Russian Government supports the pilot programme and will be organised for African media groups in two phases: in October and in May, and planned for a two-year period from 2018 to 2020.
The participants from this pilot programme will be at the forefront to highlight or propagate post-Soviet economic and cultural reality, shape the African perception about Russia and raise Russia’s image and reputation among the political and business community and the general population in Africa.
Since the collapse of the Soviet Union, this is the first significant step on media cooperation by the official authorities to address the information gap between the two regions. The initiative particularly seeks to bridge the widening business information gap that has existed and might help strengthen bilateral relations between Africa and Russia.
Experts have acknowledged that, for Russia, there are important geopolitical implications working with Africa and unreservedly praised Russia’s initiative for creating this mechanism for media cooperation and for more diversified aspects of its policy with Africa.
Canadian-Nigerian Professor O. Igho Natufe, Head of Ukraine-African Study Center in Kiev, says looking into the future it is important to continue approaching the relationship beyond natural resources and the economy, and to include soft power, so the move will boost the overall relationship in the long-term since the media has a huge role to play.
Undoubtedly, Natufe further explains that frequent exchange of visits by Russian and African journalists as well as regular publications of economic and business reports could help create public business awareness and raise, to an appreciable level, the understanding of the relationship between Russia and Africa.
Earlier, Dr Olga Kulkova, a Research Fellow at the Moscow based Center for the Study of Russian-African Relations, Institute for African Studies, also pointed out that “more quality information about modern Russia should be reported in Africa. Indisputably, it might take a lot of money and efforts, but the result will pay off.”
“It is excellent to adequately collaborate with African partners and attract Russian business to Africa. Russia ought to take this into account, if it wants to improve the chances for success in Africa,” Kulkova said.
Professor Gerrit Olivier from the Department of Political Science, University of Pretoria in South Africa, noted that “Russian influence in Africa, despite efforts towards resuscitation, remains marginal. The cultural gap (language in particular) is a great handicap. The official visits are mainly opening moves and symbolic and have little long-term concrete results.”
While prioritising Africa now, Russia has to do more, particularly, in the cultural-intellectual field (like China, EU and US) with a view to the longer term and work on its image problem in Africa, Professor Olivier, who previously served as South African Ambassador to the Russian Federation from 1991 to 1996, wrote in an email comment from Pretoria, South Africa.
For decades, a number of foreign countries are cooperating with African media to push their strategic policy interests. For example, the Forum on China-Africa Cooperation has fixed China-Africa Press Exchange Center in Shanghai to encourage and promote exchange and visits between Chinese and African media.
In June 2018, China held the Fourth Forum on China-Africa Media Cooperation. A Joint Statement on Further Deepening Exchanges and Cooperation was adopted. During the Johannesburg summit held in 2015, President Xi Jinping said China would implement access to satellite TV for 10,000 African villages and provide training for 1,000 media professionals from Africa.
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.
-
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 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












