World
Russia Revisits Business Opportunities With Tanzania
By Kestér Kenn Klomegâh
With geopolitical changes at its height, Russia now considers Africa as its indispensable partner, reviewing and revisiting unfulfilled pledges made decades ago. Even as its interest is seemingly rising, Russia is not investing as practically as expected across Africa. Anti-western criticisms dominate its rhetoric at business meetings, summits and conferences. Official travels have become frequent between the first and second Russia-Africa summits held respectively in late October 2019 (Sochi) and in July 2023 (St.Petersburg). Several agreements were signed at both summits with African countries.
In late October, the Russian-Tanzanian intergovernmental commission, headed by Russian Economic Development Minister, Maxim Reshetnikov, was in Dar es Salaam, aiming at opening new business horizons for cooperation in Tanzania and throughout the East African region. The objectives of achieving genuine economic growth and development for the majority of East Africa’s impoverished population. As always, Russia looks forward to strengthening economic cooperation with Tanzania, specific spheres include broadening trade, raising tourism and reviewing the possibility of engaging in energy and exports.
“We stand ready to increase exports of agricultural machinery, construction materials, pharmaceutical products, natural gas, LNG. We view interaction in the energy field as promising. We know about Tanzania’s interest in gas and LNG exports. Apart from that, our companies are willing to work on extracting fossil fuels and implementing major pipeline projects. One of the oil and gas institutes that specializes in standardizing and assessing compliance of oil and gas equipment is interested in cooperation with the Tanzanian state oil and gas company,” Reshetnikov said after an exclusive meeting with the Prime Minister of Tanzania Kassim Majaliwa, according to local media reports.
“Considering the pace at which electricity consumption is growing in Tanzania and the necessity of commissioning new power generating facilities, we’re prepared to build wind and solar power plants of any capacity and complexity,” he said.
The advantageous geographic position of Tanzania on the coast of the Indian Ocean and its connection to other African countries unlocks great opportunities for Russia. “Bearing in mind that Tanzania is located on the Indian Ocean’s coast and is a member of regional integration associations, therefore country can serve as the sole window through which Russian products could enter the Eastern African market. Russia could play an analogous role for exporters on the Eurasian Economic Union’s markets,” Reshetnikov said.
The agricultural sector is yet another priority. “To maintain the agricultural sector’s brisk development, Tanzania needs new technology, fertilizers, and the production of animal feedstuffs. Our companies are willing to supply them, cooperate in organizing the efficient use of fertilizers for plants, and share best agronomic practices. And also invest in joint projects to grow produce to be supplied to Russia and third countries,” Reshetnikov said.
“We expect to be able to intensify cooperation between veterinary and phytosanitary oversight agencies. Russian businesses are willing to supply animal products. We’ve offered a list of such companies to the Tanzanian side and asked them to issue permits for such supplies as soon as possible,” he said.
Some of the other highlights embodied FESCO Transportation Group, the flagship of which is the Far Eastern Shipping Company (FESCO), planning to launch shipping services between Russian ports and Tanzania. According to the Group’s vice president Dmitry Pankov, Tanzania could serve as a major transport and logistics hub for shipping goods to other countries in the East African Community (EAC) and Central African region.
On tourism at the Russia-Tanzania business forum, Tanzania offered to organize a familiarization tour for Russian tourism industry representatives in order to build business relations in tourism and to eventually begin direct flights. In turn, Russia offered to promote Tanzanian tourism products on its market, organize business meetings with Russian tour operators, and present the tourism potential at Russia’s tourism forums. Russia is also interested in joint social projects, including those in education, science and healthcare.
Political and diplomatic mutual understanding between Russia and Tanzania creates good conditions for increasing trade and economic cooperation. “Tanzanian business shows great interest in Russia. Russian business, in turn, is ready to enter new markets, invest in joint projects and share technologies. We are ready to help the Tanzanian economy maintain the high growth rates in energy, agriculture, infrastructure development and tourism,” the minister finally added.
The parties discussed the nature of the current interaction and promising areas of future cooperation. Reshetnikov highlighted the reliable and historically established relations between the governments, business, and people of Russia and Tanzania. After Soviet’s collapse, Russia maintain an excellent diplomatic relations over these three decades with Republic of Tanzania in East Africa.
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.
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