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Russia Shaping its Future Partnership with Africa

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Putin Ramaphosa Russia Africa

By Kestér Kenn Klomegâh

The second Russia-Africa summit is planned to demonstrate Russia’s stance against Western hegemony and its capitalist domination across Africa, to show Russia’s “non-Western friends” and to further solicit enormous support for its war in Ukraine. On Africa’s side, leaders plan for their traditional deliberations on “no-cost delivery” of grains while the chosen special group of mediators continues to broker expected peace between Russia and Ukraine.

The St. Petersburg gathering is designed to determine the trajectory of Russia’s relations with African countries in the long term. The program includes more than 30-panel sessions and thematic events on the most important issues of interaction between Russia and African countries.

President Vladimir Putin and his South African counterpart Cyril Ramaphosa discussed during their phone conversation in mid-July about the African peace initiative on Ukraine. The African leaders on a Ukraine peace mission will again have an opportunity to talk with Russian President Vladimir Putin on the sidelines of the upcoming Russia-Africa summit in St. Petersburg, Kremlin Spokesman Dmitry Peskov told TASS News Agency.

Diplomatic sources earlier that the African leaders of the Ukraine peace mission from Egypt, Zambia, Comoros, Congo, Senegal, Uganda and South Africa expected to meet with the head of the Russian state before the opening of the Russia-Africa summit in St. Petersburg or during its work.

“The summit’s program is still being prepared. But there will surely be an opportunity to talk on the sidelines,” Peskov said, responding to a question about whether such a meeting was possible in St. Petersburg. As one of the sources told the news agency, the seven African leaders agreed to continue efforts and discuss proposals under the Ukraine peace mission.

A delegation of seven African countries that included the presidents of Zambia, Comoros, Senegal and South Africa, the Egyptian prime minister and representatives of the Republic of Congo and Uganda visited Kyiv on June 16, where it held talks with Ukrainian President Vladimir Zelensky.

Russian Foreign Minister Sergey Lavrov said in an interview with Lenta.ru daily that “the Russian Foreign Ministry is working on opening new embassies in a number of African countries.”

“Following the 1st Russia-Africa Summit in Sochi in 2019, the national leadership adopted decisions on expanding our diplomatic presence in Africa,” Lavrov said. “The Foreign Ministry is working to open new embassies in a number of African countries.”

On 12 July, Addis Ababa hosted a pre-summit roundtable; discussions focused on the prospects for the development of Russia-Africa economic and social partnership relations. “The Russia-Africa summit is an event that plays a key role in the development of relations between Russia and Africa. It is to achieve a whole new level of mutually beneficial partnership capable of meeting the challenges of the 21st century in the shortest possible time,” emphasized Evgeny Terekhin, Ambassador Extraordinary and Plenipotentiary of Russia to Ethiopia.

The digitalization of Africa is attracting particular attention from Russians. We live in a digital world and undoubtedly, the future of civilization lies in the digital economy. For 20 years, digital transformation has been underway in all regions of Russia. Russia has the world’s best digital platforms for B2B, B2C, product labelling and educational services, and Moscow has become the best city in the world in terms of living comfort and digitalization of services offered, according to Igor Morozov, Chairman of the Coordinating Committee for Economic Cooperation with African Countries (AfroCom).

Senator Igor Morozov explained further that “the other cities in the top three are Toronto and Singapore. We certainly have a lot to share with our African partners, especially since they are already prepared for a new experience. The African Continental Free Trade Zone has started operating, and many African countries, including Ethiopia, are creating science and technology parks and IT clusters.”

As always, summit participants are arriving with foreign currency in their pockets or on their credit cards to St. Petersburg. It is a normal situation travelling African leaders with US dollars on their credit cards. Similarly, Russian officials exchange local rubles for foreign currency, for instance travelling to Miami leisure beach, Havana, Cuba or to their popular destination Dubai in the United Arab Emirates. Yet, Russians are the first partisan critics of de-dollarisation.

Everything now relates to colonialism, wraps up with neo-colonial clothes. Discourse on colonialism and neo-colonialism have become fashionable. Unsurprisingly, African migrants’ gruesome death at sea is also attributed to Europeans’ neo-colonialism. And no doubt, the movement of highly-skilled labour from Africa in search of employment opportunities on the global markets. In this case, African leaders primarily must share the blame for their utter failure to smoothly address development questions and to create better conditions at home.

Russia, like Africa, has also witnessed a ‘brain-drain’ these several years; most of its skilled specialists and professionals relocated to the United States, Canada and Europe. Understandably, more than three decades after the Soviet collapse, Russia has few well-trained multipolar-oriented specialists and professionals to work seriously on its diverse policy goals across Africa.

The Russian International Affairs Council, a non-government organisation and policy think-tank, published an opinion article authored by Kirill Babaev – Director of the Institute of Far Eastern Studies of the Russian Academy of Sciences, Professor at the Financial University. He made an excellent analysis of the relations between Russia and Africa.

The article highlighted future perspectives and successes in building political dialogues during the previous years. On the other hand, he was exposed for serious consideration by authorities to some existing obstacles and weaknesses.

Brain drain is seriously affecting Russia. Today the situation has changed radically, according to his assessment. Kirill Babaev pointed out the challenges Russia faces, one of them is “an immense lack of personnel for successful work in Africa” – and further suggested a necessity for putting together a distinctive group of experienced professionals and specialists to work on practical, consistent and effective policy challenges as well as geopolitical tasks with African countries.

In sharp contrast, during pre-summit roundtable discussions held this month, Oleg Ozerov, Head of the Secretariat of the Russia-Africa Partnership Forum, argued that Russia takes an interest in highly skilled specialists from Africa, but has no intention of encouraging any kind of “brain drain” like the West does by attracting and employing them in the United States.

“In other words, it is another form of neocolonialism, or the exploitation of Africa that has been carried out throughout centuries through the slave trade and the pumping of resources, and now it has evolved into ‘brain drain,'” Oleg Ozerov added. “In other words, those people who should boost Africa, transforming it into a new pole of growth. We are convinced that Africa has a vast future and potential, first and foremost, huge human potential in the continent.”

Reports from the World Bank indicated that the United States has the largest African diaspora, which has close-knitted business, educational and cultural links with African countries. This helps to support official efforts in promoting relations with Africa.

The US-Africa trade and commercial relations and engagement through the African Growth and Opportunity Act (AGOA) yields $78.01 billion per year, while, for instance, monetary remittances inflows to sub-Saharan Africa soared 14.1 per cent to $49 billion in 2021. Is that compared to Russia and China?

Beyond remittances, Africa benefits from the input of its diaspora considered very progressive. Ultimately, African leaders consistently engage with their diaspora, those excelling in sports, academia, business, science, technology, engineering and all those other significant sectors that the continent needs to optimise its potential and meet development priorities.

During the second week of July, St. Petersburg hosted Reversed Safari exhibit of contemporary African art, featuring works by 47 African and 14 Russian artists opened to the general public. There were over 300 pieces of art on display, including paintings, sculptures, photographs, and video footage, as well as three large-scale installations created specifically for the event. All exhibit items are devoted to the legacy of the colonial era, how different cultures interact, daily life and the search for identity.

According to Professor Gerrit Olivier, an emeritus professor at Pretoria University and former South African Ambassador to the Russian Federation and Kazakhstan, within the context of the current global changes of the 21st century, Russia is experiencing isolation, but African leaders would visit Moscow to meet Vladimir Putin. Today, Russia’s influence in Africa, despite efforts towards resuscitation, remains marginal. While, given its global status, Russia ought to be active with concrete development projects in Africa as Western Europe, the European Union, America, and China are, it is all but absent, playing a negligible role in Africa.

“These African leaders will realise that there will be no quid pro quo in Moscow, that a weakened Putin can offer nothing and his purpose with this meeting will mainly be to demonstrate support from Africa. This will probably be forthcoming in the form of a repeated ‘non-aligned’ posture (the African warped interpretation, that is), and those leaders presently under the protection of Wagner would no doubt insist on continuation. All this, no doubt, will be used as a propaganda piece against the West!”

Professor David Shinn, a former top U.S. diplomat and now an Adjunct Professor of International Affairs at George Washington University’s Elliot School of International Affairs, discusses a few significant points here relating to the forthcoming summit.

This is an interesting time for Russia to host the Africa summit.  The emerging multipolar world, especially Russia’s partnership with China, briefly put Vladimir Putin in a stronger position in Africa vis-à-vis the West. Most African leaders seem to favour the multipolar order. Putin’s invasion of Ukraine significantly disrupted that positive trend for Russia. Just over half of Africa’s governments oppose or are skeptical of Moscow’s engagement in Ukraine while just under half were willing to express a neutral position and Eritrea to express support.

“The mutiny by the Wagner Group has further complicated Russia’s position in Africa and raises serious questions about the strength of its partnership with China. While a small number of autocratic African leaders beholden to the Wagner Group (and Eritrea) remain for the time being firm with Russia, I suspect the mutiny has raised second thoughts with other African leaders who were neutral and strengthened the concerns of those leaders who opposed or were sceptical of the invasion from the beginning,” Professor Shinn wrote further in his email.

According to the academic professor, Vladimir Putin would want to go forward with the Africa summit this month to “prove” to the world that the situation in Russia is back to normal. “But I wonder how enthusiastic most African leaders will be to participate at this time when the future of the Wagner Group in Africa is in doubt, Russia is doing poorly in Ukraine, and Moscow is less able to offer Africa much of tangible value. African attendance at the summit and the substance of the results will be most telling,” Professor Shinn concluded.

Dr Alex Vines, Africa Program Director at Chatham House, a policy think tank, told this author that “the Lavrov visits to Africa this year and Russian diplomacy has been focused at getting African leadership to attend the St Petersburg summit. The number of leaders attending is important for Moscow to show it’s not isolated and Africans still wish to engage with Russia diplomatically.”

Notwithstanding those several initiatives of engaging in the economic sectors and supporting Africa, Russia has its strengths and weaknesses based on history, but the balance is positive in this new world. Whatever African leaders wanted depended on their rational and calculated basis and on their ability to build up multifaceted development-oriented relations with Russia.

At the end of the summit, there would a joint declaration, pre-summit media reports indicated. Several other documents and agreements including those on cooperation in space, anti-terrorist activity and security, as well as economic and humanitarian cooperation. The second Russia-Africa summit and the Economic and Humanitarian Forum will be held in St. Petersburg at the ExpoForum Convention and Exhibition Centre on 27–28 July 2023.

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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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