World
Russia, Tanzania Navigating the Crossroads
By Kestér Kenn Klomegâh
Given the rapidly changing geopolitics, Africa is increasingly becoming one of the strategic pillars in Russia’s policy. The Intergovernmental Russia-Tanzania Commission on Trade and Economic Cooperation held its meetings in St. Petersburg, Russia’s second largest city, the venue for comprehensive discussions and for a critical review of the current Russian-Tanzanian relations. The focus was re-examining the main economic areas of cooperation, achievements, obstacles and future perspectives.
Russia and Tanzania have had good relations. The often-praised bilateral relations have deep historical roots dating back to the Soviet period. But much noticeably fell after Soviet’s collapse in 1991. Notwithstanding that, Russia and Tanzania have, in past decade, taken steps to raise the bilateral relations. In spite of multitude obstacles, both have maintained political dialogue as a basis for developing economic, trade, technological partnerships, educational and cultural cooperation.
Increasing Agricultural Products
On May 13, the Intergovernmental Commission for Trade and Economic Cooperation, meeting in St. Petersburg, reviewed emerging opportunities for large-scale investments, particularly in the employment generating economic sectors. Economic Development Minister Maxim Reshetnikov, who co-chaired the meeting with Planning and Investment Minister Kitila Mkumbo, noted Tanzania’s geographical location as a single window for Russian products entering the East African market. More than 40 Russian companies are currently interested in exporting animal products and a few others to Tanzania and to East Africa region.
According to 2024 demographic report, Tanzania has a population of around 62 million, making it the most populous country located entirely south of the equator. What is important here is the fact that Tanzanian economy is heavily based on agriculture. It has a vast arable land for farming. Reports further indicate that irrigation farming is the commonest across the country. Local agriculture employs half of the workforce. Therefore, the emphasis should rather be on investing in the local agriculture in order to ensure food security.
In a further assessment of the situation, there are very few resources for Tanzania in terms of credit services, infrastructure or availability to improved agricultural technologies, which further exacerbates hunger and poverty in the country, according to the United Nations Development Programme (UNDP). As a result, Tanzania ranks 159 out of 187 countries in poverty, according to the United Nation’s Human Development Index (2024).
Based on these weaknesses, as many as 40 Russian companies have expressed readiness and already doubling efforts with the hope to diversify exports of agricultural produce including meat, fat-and-oil products, dairy and fish products to Tanzania. The participants emphasized the country could be a conduit and entry-gate through which to reach East African region. In fact, previous agreements that were signed provided the legitimate framework and a driving force for developing this partnership. In assessing the trade dynamics, Russia targets an estimated US$15 billion from agricultural exports, while last year it earned over US$7 billion, according to Agroexport Center of the Ministry of Agriculture. In short, Russia is absolutely certain to earn huge income from increasing its various agricultural products to Tanzania, and using the country as a gateway to East Africa.
Pharmaceutical Business
More than ever, Tanzania, like other African countries, has been actively advancing its diplomacy incorporating the health sector. In pursuit of taking advantage of incentives provided by the government, India and a number of foreign investors have achieved marked successes in the health sphere. These foreign investors, while embracing the reconfiguration of world politics sometimes get to the crossroads on one hand. But on the other hand, the corporate investments consistently remain their economic priorities and strive to get full-scale admirable results. Most often, do practical negotiations and renegotiations, determine financial sources and outline business policies which usually form the core points in forging relations with Tanzania.
Today, China and India, for instance, have set up manufacturing hubs in Tanzania and other African countries, fostering employment and skills development for the youth. Generally Tanzania, like many other African countries, is seemingly taking the existential chance to analyze feasibility and forms of engagement in their bilateral cooperation with key external powers. The two Asian countries, China and India have considerably done a lot in this sector. With health infrastructure, China built the Africa CDC headquarters in Addis Ababa, and further engage in manufacturing and distributing medical products as well as offering a wide range of medical services.
In a similar vein, Indian engagement in East Africa’s health sector is multifaceted. After China, India is the third largest investor in this health sector in Africa. In a simple comparison, Russia has a staggering position, still forward-looking to play a model-role in health-care development in the continent. Russia is yet to assert its position despite its official declarations to support Africa in the health sectors during the first and second Russia-Africa Summits.
Recreation and Tourism
The Intergovernmental Commission for Trade and Economic Cooperation delegations, in St. Petersburg meeting. also discussed cooperation on tourism, including the prospects of resuming direct flights between Moscow and Dar es Salaam. The two parties signed an intergovernmental agreement on air services in 2024. The negotiating officials, however, underscored restoring air connection as an essential step toward boosting the expected economic potentials and promoting people-to-people interaction, as well as consolidating travel and tourism business. For example, Tanzania has its national carrier managed by the Air Tanzania Company Limited (ATCL). It operates passenger and cargo flights to destinations in the Middle East and Asia. Until today, Egypt Air and Ethiopian Airlines are flying between Africa and Russia. There is still a huge gap in the aviation sector, particularly Russia to establish the connectivity with Western, Central and Southern Africa. Absence of regular flights, keeps Africa so remote (segregated) from Russia, especially in this expected resonating ‘multipolar’ world.
Economic Development Minister Maxim Reshetnikov, who co-chaired the meeting, reiterated Russia was prepared to send a delegation with business representatives to Tanzania in June-July to determine formats for cooperation in this aviation business. “Our companies are prepared, as they say, to go in and work seriously and for the long term. In tourism, the top priority is to resume direct air connections,” Reshetnikov noted.
In June of last year, an agreement on air transport was signed between the Russian Government and the Government of Tanzania. “It is essential to finalize all procedures as quickly as possible to bring the agreement into effect,” the Minister of Economic Development added.
In fact, Tanzania is not alone requesting for establishing air routes to Moscow. Ugandan Vice President Jessica Alupo said, in Sept. 2024, that Uganda was interested in developing air service with Russia and in the launch of direct flights that will facilitate the movement of people, goods and investment. At a meeting with Russia’s Federation Council Speaker Valentina Matviyenko on the sidelines of the Eurasian Women’s Forum held September 18th-20th in St. Petersburg, Jessica Alupo noted the potentials of Uganda’s tourism sector and fixing hotels in Moscow.
Over the past decades, the absence of reliable airlines has constrained the ability to fully capitalize on growing regional and continental air hub. African destinations are inaccessible, while recreation and tourism business are seriously hampered due to Russia’s hyperbolic rhetoric and lack of the desire to open up to Africa. Many African cities are simply not gateways for tourism, and this hampers economic cooperation.
Can Tanzania Join BRICS?
Closer ties between Tanzania and BRICS are inevitable, Russian Ambassador to the African country Andrey Avetisyan said in an interview with TASS in June 2024. “Some of the BRICS members are Tanzania’s strategic partners, significantly contributing to its economic development based on President Samia Hassan’s policy of economic diplomacy. The topic of Tanzania’s BRICS accession has not come up yet but the country’s closer ties with the group are inevitable, especially now that membership has been granted to Ethiopia, a country Tanzania cooperates with within the African Union and the East African Community,” Avetisyan pointed out.
Learning From Policy Mistakes
By learning from past mistakes and analyzing geopolitical changes, Russia is only now gradually opening its borders to Africa. Most often decorative rhetoric dominates official circles, and implementing policy initiatives reached at the meetings and conferences and summits are inconsistently dealt with at snail-pace in the partnership. This Russia’s business model impacts negatively on economic growth in the continent, leaves space (vacuum) for Western, European, Asian and Arab competitors. Tanzanian delegation made these points explicitly understandable, and further made a passionate appeal for actionable steps as they renewed investment possibility in various economic sectors. Notwithstanding the lapses and weaknesses, both parties noted there must be a practical turning point to stimulate the continent’s economy. That is partly what foreign relations aim at achieving with African countries.
In official statements, the Russian leadership endorses economic partnership with Tanzania, but there much lies on practical implementation. The early May (month) meetings in St. Petersburg indicated how frequent voices have been raised on opportunities, challenges and historical relations dating back from Soviet times. But the present trends are quite different, not just rhetoric but concretely using such platforms to stimulate investment and for showing appreciative achievements.
For Tanzania and the rest of Africa, the 21st century should be seen as a turning period to promote trade with the industrialised world in order to develop our region, improve living standards and bridge the development gap across Africa, a few policy analysts told this article author. Analysts also say Africa should consider trade as an important tool to transform and diversify its economy using its decades-old relationships with Russia.
Strategic Tasks for Future
State-to-State corporate deals feature prominently in the relations, but it is also necessary to encourage possibly an entrepreneurial culture and private-sectoral approach to the economy. It is enough for Russia’s meteoric criticisms and algorithmic propaganda against western hegemony in Tanzania and across Africa. The stark reality is that African countries, including Tanzania in East Africa, need genuine investment and not anti-western slogans and rhetoric. The relationship and economic ties are full of declarations and unfulfilled expectations. There are noticeable gaps between bilateral agreements signed years ago and what have positively been achieved on the ground to measure the legitimacy of cooperation.
The Russian-Tanzanian relations, and others in Africa, have been littered with so many bilateral meetings and diplomatic talks these several years. In this context, Russia and Tanzania have to frankly acknowledge the simple fact that time for polarized rhetoric is long over. For this analytical review, enough is enough for now! It is rather a critical time to step up practical efforts and think of innovative ways to implement policy decisions, in spite of the existing challenges.
World
CANAL+ Eyes MultiChoice Turnaround as Stocks Debut on JSE
By Adedapo Adesanya
CANAL+ has expressed confidence in its ability to turn around the fortunes of struggling broadcaster MultiChoice as it marks a milestone by becoming the first French company listed on the Johannesburg Stock Exchange (JSE).
The secondary listing of CANAL+ signals strong international confidence in South Africa’s capital markets and reinforces the JSE’s role as a conduit between global capital and African growth opportunities, it said in a statement.
CANAL+ enhances the JSE’s sectoral diversity and provides local investors with direct, rand-denominated exposure to a globally diversified media and entertainment business with a significant African footprint. CANAL+ listed on the London Stock Exchange in December 2024.
The group’s listing on the JSE aligns with its long-term strategy to expand its presence in high-growth markets, particularly in sub-Saharan Africa, where rising connectivity, a young and growing population (expected to increase by 800 million by 2050), strong GDP growth (4.5 per cent growth expected between 2026 and 2030) and accelerating demand for content and connectivity continue to drive sector growth.
The JSE listing will increase CANAL+ liquidity and enable African investors to benefit from CANAL+ growth.
According to Mr Maxime Saada, CEO of CANAL+ said, “Joining the Johannesburg Stock Exchange is a statement of our ambition and illustrates our belief in Africa’s future and its creative industry.
“We are proud to become the first French company ever to list in Johannesburg and the only global media and entertainment company listed on the exchange.
“Following our listing on the London Stock Exchange 18 months ago, this dual listing reinforces our ambition to be a bridge between Europe and Africa and anchors our dual-continental approach, consolidating our unique position in the global media and entertainment industry,” he said.
He noted that CANAL+ serves more than 40 million subscribers and generates €9bn in annual revenue.
“Africa will be our growth engine for years to come, and we are dedicated to creating value on the continent and sharing it with our African partners, investors and the creative community. By welcoming African investors, we deepen our roots, diversify our investor base and lay the foundation for the next phase of our growth.”
Commenting on the listing, Ms Valdene Reddy, Group CEO of the JSE, said, “We are proud to welcome CANAL+ to the JSE and to mark the first listing of a French company on our exchange.
World
AfDB President Sees More African Nations Regaining Investment-Grade Ratings
By Adedapo Adesanya
The President of the African Development Bank (AfDB), Mr Sidi Ould Tah, says more African countries are likely to regain or achieve investment-grade credit ratings by next year as reforms begin to deliver results and economic growth accelerates.
Several African sovereigns have already been upgraded in recent months, including Nigeria. However, Nigeria is not yet near investment-grade status.
In May, S&P Global Ratings upgraded Nigeria’s sovereign credit ratings to ‘B’ with a stable outlook, citing structural reforms under President Bola Tinubu and key drivers like higher oil production and improved fiscal revenue.
The country is still five notches from investment-grade. Under S&P’s rating scale, the progression follows— B → B+ → BB- → BB → BB+ → BBB- (investment grade).
S&P raised Morocco to investment grade last year and increased South Africa by one level to BB in November. Ghana, Zambia, the Ivory Coast and Kenya have also benefited from positive rating action linked to fiscal, debt and economic reforms.
“We’re quite confident that the continent will continue to grow very strongly and that African countries will be better rated in the coming years,” Mr Ould Tah said in an interview with Bloomberg.
“We’ve seen Morocco receive investment grade during the last few months, and we expect other countries by next year to get toward that,” he added.
The outlook reflects improving fiscal positions and reforms implemented across countries on the continent, even as the conflict in the Middle East threatens to slow economic growth and raise costs for energy-importing nations. Better credit ratings can help countries borrow at lower rates and fund development projects.
The AfDB projects the continent’s gross domestic product expansion will accelerate to 4.4 per cent next year, if the conflict in the Middle East does not extend for a longer period. It expects the continent to slow to 4.2 per cent this year.
The war in Iran has benefited oil producers such as Nigeria, Angola and Gabon, while exerting pressure on the fiscal positions of net energy importers such as South Africa, Kenya, Ghana and Senegal.
Mr Ould Tah said the bank is ready to support countries facing budget constraints and high debt burdens due to the impact of the Iran crisis, including increasing credit lines to them.
“The board of directors of the bank will examine in the coming days how the bank can increase the volume of resources it will provide to its member countries in this specific situation,” he said.
World
State Duma Reviews Africa’s Food Security
By Kestér Kenn Klomegâh
Within the framework of the Expert Council on Africa at Russia’s State Duma, the lower chamber of parliamentarians, during its annual round-table conference, held in late May 2026, focused concretely on food security in Africa.
Under the chairmanship of Deputy Speaker of the State Duma, Alexander Babakov, the council’s round-table session on Russian-African cooperation in the field of ensuring food security, introduction of closed cycle technologies in agricultural and bioeconomy projects, was held in the State Duma.
Opening the meeting, Alexander Babakov noted the importance of continuing cooperation with African countries already in the new convocation of the State Duma, to which elections will be held in September 2026. “I am sure that right from the beginning of the work of the new convocation, the theme of cooperation between Russia and African countries will work as an example for circulation and use in other areas,” he said.
Member of the Committee on the Development of the Far East and the Arctic, deputy chairman of the Expert Council on Africa, Nikolai Novichkov, in his speech stressed the importance of a gradual transition to trade with African high-tech countries. “Our African partners are interested in producing and processing food locally, including earning a living on it,” the parliamentarian stated.
Director of the Department of Partnership with Africa at the Russian Foreign Ministry, Tatiana Dovgalenko, drew attention to the continued importance of the humanitarian component of Russian-African cooperation, which, despite efforts, “unforeseen, including and along the lines of specialised UN agencies, the number of hungry people in the world, according to experts, has been growing over the past few years.” According to Dovgalenko, the food crisis is localised in about 10 countries, four of which are in Africa.
As first deputy chairman of the Committee on International Affairs, Alexei Chepa noted, the food crisis and a number of other serious threats on the African continent are today exacerbated by a complex international situation, with the United States and Israel versus Iran causing rising energy prices worldwide. “This has also reflected on the cost of fertilisers that needed to be purchased previously. Even if prices fall in a few months, the yield still won’t. And there will be problems in Africa. At the same time, we understand that population growth in the coming years will be at Africa’s expense,” Chepa underlined in his contribution at the meeting.
Alexei Chepa also mentioned the special role of security enhancement in Africa, including in countering extremism and terrorism.
As part of the continuation of the work of the roundtable to promote cooperation with African countries in ensuring food security, the introduction of closed-loop technologies in agricultural and bioeconomics projects was discussed. As a traditional procedure, some recommendations are addressed to the Government of the Russian Federation.
In addition to representatives of the State Duma, diplomats, scientists, experts from related fields, representatives of the Government of the Russian Federation and the business community took part in the round-table discussion.
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