World
Russia Unlocking Africa’s Food Security: Model of Connectivity and Collaboration
By Kestér Kenn Klomegâh
With geopolitical developments shaping the world, Africa is expectedly changing with the times. It has gone far, particularly with Russia, opened new directions in bilateral economic cooperation after their joint historic summits.
It is also time to make critical appraisals of Russia’s policy towards Africa. By next year 2026, Russia’s strategic plan to ensure and support food security may fade away its its policy mainstream.
First and second summits witnessed agreements and declarations signed to tectonic applause with an unwavering decision characterized by increasing food and agricultural products, including grains and chicken meat across Africa.
There was also an underlined promised to ferry unspecified huge amount of fertilizer to Africa. Africa leaders expressed an excitement to the announcement of this partnership with the Russian Federation. But now these aspects of Russian-African partnership on food security would likely change, primarily due to Africa adopting import substitution policy and redirecting focus on radical measures to improve domestic agricultural production.
On May 13, the Intergovernmental Commission for Trade and Economic Cooperation, during the meeting in St. Petersburg, 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. The participants emphasized the country could be a conduit and entry-gate through which to reach East African region with Russia’s agricultural exports, and that would generate an estimated US$15 billion in revenue for Russian government.
What is important, and the most interesting fact here, Tanzanian economy is heavily based on agriculture. It has a vast arable land for farming. But Tanzania, like many other African leaders, are readily addicted to spend huge budget importing goods that they can locally.
According to the Economic Development Minister Maxim Reshetnikov many potential state buyers expressed interest in such imports, reiterated Russia’s preparedness to ensure food security.
In a similar direction, earlier on as reported by Interfax Information Agency, the Agroexport Center of the Ministry of Agriculture listed 25 African countries.
In an interview, Russian Union of Grain Exporters and Producers Chairman, Dmitry Sergeyev, at the 4th Russian Grain Forum in Sochi, emphasized that the potential export destinations for Russian grain crops in the current season included Algeria, Kenya, Nigeria, Libya, Morocco, Tunisia, Tanzania and Sudan in Africa.
In recent seasons, shipments to Algeria, Israel, Kenya, China, Libya and Morocco have increased manifold or even by an order of magnitude. The first shipments were made to Djibouti, Gambia, the Central African Republic, and Eritrea.
“Russia is a reliable exporter of wheat to countries in Africa. We currently occupy a third of the entire African wheat market, exporting to 40 African countries overall. The most notable success of recent years was the sharp increase or start of exports to Algeria, Libya, Kenya, Morocco, Tunisia, and Tanzania,” Dmitry Sergeyev told Interfax News Agency.
The African grain market held many prospects in light of fast population growth, the growing middle class and increasing purchasing power. Although, it would be a mistake to refer to Africa as a monolith, as it has five sub-regions, which differ significantly from each other. Therefore, Russia is developing its relationship with different African countries in different ways.
“On the other hand, there are some other countries in central and southern parts of the continent, which often lack sufficient infrastructure and are logistically hard to reach – we have to interact with them via international traders. Increasing grain exports to Africa require a comprehensive approach encompassing logistics, storage and processing. We are already taking certain steps in this direction,” explained Dmitry Sergeyev.
Given it’s keenness not only in supplying but increasing agricultural products and fertilizers, Russia’s remote aim was to raise revenue from these importing African countries. These African countries are blessed with huge expanse of agricultural lands, the human resources are enormous just need support and encouragement from the government institutions and agencies.
Local African agriculturists have complained bitterly of gross lack of state support, and yet governments allocated huge large part of national budget to import on bilateral agreements, goods and service that could be made and obtained at home.
African leaders are solidarizing their interests by sacrificing local production, and under-utilizing available resources. Russia consistently challenges American and European hegemony, asked Africa to transact deals using their local currencies.
Resultantly, Africa has to abandon the importance of American dollar, and still pursue corporate agreements to review and possibly extend AGOA for the next 10 years.
In 2024, financial remittances amounted to $58 billion from United States to Africa. Meanwhile, Kremlin and Russian companies rarely announce financial figures for investment in various sectors. The stark reality is that Russia, at best and based on its rising ‘soft power’ and political influence, could further balance strategic powers with building comprehensive investment partnerships in Africa.
Local Russian media reported series of Russia’s exports to Africa, praised Kremlin’s efforts to feed Africa but further warned against growing Africa’s growing dependence on imports. Policy experts have set more alternative tones, at both Russia-Africa summits and several similar conferences, for rather focusing on stronger agricultural initiatives inside Africa.
Generally, the proposed suggestion was to push for greater collaboration on Africa’s greater self-reliance on domestic agricultural production. These have, since then, remained a top-scale challenge featuring in Russia-Africa economic cooperation.
As PhosAgro’s First Deputy CEO, Siroj Loikov, noted during the briefing in early July 2025, PhosAgro not only continues to strengthen its position as the leader in terms of total supply of all mineral fertilizers to the priority Russian market, but also remains a key supplier of phosphate-based fertilizers to the countries of the Global South, including African countries.
Over the past decade, PhosAgro’s exports have nearly doubled and achieved 8.6 million tonnes in 2024. Today, Africa is a key focus for the Company’s international growth strategy. PhosAgro supplies its products to 21 African countries. The top five African importers of the company’s agrochemical products include South Africa, Côte d’Ivoire, Ethiopia, Morocco, and Mozambique.
With its extensive product line, PhosAgro is well positioned to address the specific needs of African regions, offering customers the best solutions while also making a significant contribution to the continent’s food security.
Over the next five years, PhosAgro expects to double deliveries to the continent. There were some praises, but on other side also raised significant concerns over extremely high cost of logistics and the resultant effects on prices for importing African governments.
In addition, leading agronomy researchers and practitioners say Russian chemical fertilizers and its agrochemistry have had negative effects on crop production and livestock farming, simply not compactible with the local soil conditions.
Therefore, the practical solution would be to settle for suitable alternatives. It would be line to adopt import substitution, to largely cut importation cost and preserve the environment. Moreso, local production invariably creates some employment for the youth.
Speaking at the 32nd Afreximbank Annual Meeting, Entrepreneur Aliko Dangote, believes Africa could be a ‘Heaven’ within five years (until 2030)—if Africans think boldly and act with purpose. His position was that Africans can shape their own future, urging leaders to prioritize long-term development over reliance on foreign industrial sources.
Dangote has already exemplified this ‘local self-reliance’ through his $20 billion refinery in Lagos—the largest single-train facility in the world—which is already reshaping Africa’s energy landscape and challenging Europe’s $17 billion gasoline export market.
Furthermore, Dangote plans to generate $30 billion in revenue next year and become the top global urea exporter—bringing his vision of African industrial might closer to reality.
Reports indicated that Nigeria first-class entrepreneur, Aliko Dangote would establish under a major agreement to engage in large-scale production of fertilizer for the Eastern Africa. The estimated $3 billion aims at stabilizing supply and enhance agricultural productivity. Ethiopia and neighbouring countries have faced shortages and worse, spent much importing from abroad. The shortages have also worsened due to foreign currency constraints, logistical delays and geopolitical instability.
Located near the Ethiopia-Djibouti logistics corridor, the Dangote Fertilizer, the largest granulated urea fertilizer complex in Africa, has played a vital role in in reducing Nigeria’s reliance on imported fertilizers and supporting the country’s agricultural sector. The expansion in interpreted as part of measures to solidify Dangote Fertilizer’s presence in the African fertilizer market, ensuring regular supply, and support regional agricultural growth.
Several policy experts have, over the past few years, suggested to African leaders and their governments to drastically halt importation of agricultural items that can be produce locally, redirect funds in supporting local farmers. The most prominent reasons are obviously to increase local productivity, create employment while addressing multiple obstacles confronting African agricultural production.
Quite recently, the Board of Directors of the African Export-Import Bank (Afreximbank) and African Development Banks have also told African leaders to halt imports, and further announced financial allocation for the African agricultural sector. Shareholders in both banks have also advised to accelerate efforts in boosting intra-African agriculture.
Under an agreement, Afreximbank is financing the construction works related to the fertilizer plant based in Soyo, Angola. This transformative $2 billion fertilizer plant project reflects the commitment of OPAIA Group to the Southern African country’s industrial and agricultural development in partnership with globally renowned technical companies such as KBR, TOYO Engineering Corporation, WeDO, and Wuhan Engineering Company.
Speaking at the signing ceremony on behalf of the President of the Bank, Ms Oluranti Doherty, Managing Director, Export Development at Afreximbank said: “Afreximbank is pleased to lead the mobilization of capital for this project, recognizing the importance of Amufert SA’s ammonia and urea production plant to regional and national food sovereignty, via the localization of fertilizer production in Angola. When commissioned, the fertilizer plant will facilitate higher agriculture yields, higher production, and an increase in export volumes of agriculture products from Angola.”
Agostinho Kapaia, Chairman of OPAIA Group, said: “This project represents much more than the construction of a factory. It is a key element in the economic development of Angola and Africa, a driving force for the growth of industry and a concrete solution to the urgent need to increase agricultural production and guarantee food security for future generations.”
With a production capacity of 4,000 metric tons per day, the Amufert S.A. plant is expected to revolutionize Angola’s agricultural sector, significantly reducing the country’s reliance on imported fertilizers.
The project will generate significant benefits, including the creation of 4,700 jobs — 3,500 during the construction phase and 1,200 permanent positions once completed. It will also contribute to Angola’s economic diversification by leveraging natural gas resources, thereby reducing reliance on oil revenues.
Additionally, the initiative will support farmers by ensuring a consistent supply of affordable, high-quality fertilizers, boosting agricultural productivity and enhancing food security.
This will not only enhance Angola’s agricultural resilience but also position the country as a leader in fertilizer production across Africa. Surplus production will enable Angola to become a key fertilizer exporter within Africa, fostering regional economic integration and promoting intra-African trade.
In a short policy summary, the challenges of Russia’s increased agricultural exports instead of focusing on investment in local production in Africa may ultimately be reviewed taking into serious consideration import substitution measures being adopted by African States.
For championing environmental urgency and import substitution policy, Africa must lead a bold policy shift, not for geopolitical solidarity but for attaining an economic sovereignty.
World
From Conviction To Execution: LEAD Launches Its Second Cohort In Rabat
By Kestér Kenn Klomegâh
One year after launching a continental initiative designed to make excellence in public governance the foundation of a new drive to transform Africa, LEAD, the Africa CEO Forum’s pan-African leadership programme, takes stock of its first cohort and announces the launch of its second class. Built around a community of senior public decision-makers committed to modernising the state and to the continent’s digital transformation, this new cohort gathers for three days, from 28 to 30 August 2026, on the campus of Mohammed VI Polytechnic University (UM6P) in Rabat, Morocco.
A second cohort that confirms the programme’s durability
For its second class, LEAD brings together 50 fellows, senior public decision-makers engaged in the design and implementation of the continent’s economic and social policies. Over three days, participants take part in collective and collaborative working sessions, peer exchanges and meetings with figures from the public, business and academic spheres, in order to compare their practices and build shared responses to the major challenges of governance.
Speakers include Mehdi Jomaa, former Head of Government of Tunisia, Donald Kaberuka, Managing Partner & Founder, SouthBridge Group, and former President of the African Development Bank, Serge Ekue, President of the West African Development Bank (BOAD), Sanjay Jain, co-creator of India Stack and Director of Digital Public Infrastructure, Gates Foundation, and Mauricio Cardenas, Professor of Professional Practice in Global Leadership, Columbia SIPA, and former Finance Minister of Colombia (2012-2018).
They share their reform experience, their public policy trade-offs and their view of continental priorities. Throughout the programme, the cohort benefits from the dedicated support of Mohammed VI Polytechnic University, Asafo & Co, BOAD, BCG and the African Development Bank, LEAD partners that have chosen to invest in the transformation of African public action.
LEAD, a pan-African community serving public action
Created by the AFRICA CEO FORUM, LEAD is a leadership programme whose ambition is to reposition Africa’s administrative elite as a driver of reform, of performance and of dialogue with all the continent’s stakeholders.
Designed for senior African public decision-makers, LEAD sets out to build a lasting community of public officials able to share their experience, compare their practices and build common solutions to the major economic, technological and institutional transformations under way in Africa. That community is structured around three pillars: modernizing the state, improving public services, and strengthening cooperation between governments, development institutions and private-sector players.
From fellows to alumni: a long-term initiative
Made up of 36 fellows drawn from a range of administrations and institutions and representing 24 countries across the continent, LEAD’s first cohort demonstrated the quality and the potential of this community from its very first year. In less than twelve months, six of its members have taken a significant step forward: two have been appointed ministers, two have moved into strategic positions at the highest level of the state and two have been promoted to chief executive roles. These moves, which account for 16.7% of the first class, show the role LEAD plays as an accelerator of impact within African administrations.
By bringing together a new cohort of fellows every year, each of them joining the LEAD alumni community, the initiative follows a long-term trajectory: in time, to unite several hundred African public decision-makers around a shared culture of transparency, performance and regional cooperation.
A first year devoted to public service and digital public infrastructure
Throughout the year, the fellows devoted their work to strengthening African public action, to make excellence in public governance a central lever of transformation. An awareness campaign, run as part of Africa Public Service Day, brought to light those who, within the continent’s administrations and institutions, are concretely transforming public policy and improving the services offered to citizens.
Members of the cohort also took part in a special round table held in Kigali during the ACF 2026, in order to carry their thinking to a wider community of public and private leaders. That forum reinforced LEAD’s role as a platform for dialogue between the administrative elite and the continent’s economic players. Digital public infrastructure (DPI) formed the main thread of this first year of work.
Discussions covered issues at the heart of the digital sovereignty of African states: digital identity, payments, secure data exchange, interoperability, governance and the protection of citizens. This work examined the conditions under which African states are developing, in some cases, and can develop, in others, shared, open infrastructure robust enough to improve the quality of public services while supporting local innovation and preserving the capacity of public authorities to set the rules of the game.
A white paper to move from consuming technology to creating value
This year of work concludes with the publication, in collaboration with BCG, LEAD’s Knowledge Partner, of a white paper on Africa’s place in the digital economy and in artificial intelligence. With the digital economy still accounting for around 5% of African GDP, against close to 15% worldwide, the paper calls on the continent to shift from a logic of technology consumption to one of value creation.
The white paper identifies three structuring priorities for African public actors:
- Building shared digital infrastructure that serves as the backbone of public services and private innovation.
- Pooling investment in order to reach critical mass and avoid the fragmentation of efforts across the continent.
- Favouring open and interoperable architectures, with trust and governance built in by design, so as to protect citizens while stimulating the entrepreneurial ecosystem.
The white paper is available here to all public decision-makers, technical partners and institutions concerned.
“LEAD’s first cohort confirms a simple conviction: Africa already has the women and men capable of profoundly transforming public action. Our responsibility, either with our partners, is to give them, at pan-African level, a space in which to compare experience, build common solutions and bring forward a new generation of public policy. With this second cohort, we want to accelerate the move from ambition to execution, in particular on digital public infrastructure and artificial intelligence, two decisive issues for sovereignty, for the effectiveness of the state and for value creation across the continent,” says Amir Ben Yahmed, President of the Africa CEO Forum.
World
Global Leaders Head to Addis Ababa for First World Public Summit in Africa
By Kestér Kenn Klomegâh
Africa is set to make history as it hosts the World Public Summit for the first time, with Addis Ababa, Ethiopia, welcoming global leaders and changemakers from July 29–30, 2026, for the landmark gathering under the theme “New World: Africa in Shaping a Shared Future.”
The inaugural African edition of the World Public Summit marks a significant milestone in the continent’s growing role in shaping international dialogue on governance, sustainable development, human-centred leadership and global cooperation.
Hosted by the World Peoples Assembly in partnership with African and international organisations, the summit will convene government officials, diplomats, business leaders, academics, journalists, youth representatives, civil society organisations and cultural leaders from across Africa and around the world.
According to Andrey Belyaninov, General Secretary of the World Peoples Assembly, “the Summit is not just a meeting—it is a space for unity. A space where the ‘values that unite us’ come to life: respect for people, openness to the world, responsibility for the future, and a commitment to creation.
“Today, we understand more clearly than ever: the future cannot be built alone. It is born in dialogue, in trust, in the ability to listen to one another and to act together.”
The programme begins on July 29 with a series of high-level roundtables and expert discussions covering Pan-African economic integration, civil society, education, scientific cooperation, cultural diplomacy and humanitarian partnerships.
The opening plenary, “Values, Development and Partnership as the Basis of a Sustainable and Just World,” will explore how African values—including Ubuntu—can help shape a more inclusive and sustainable global future. Discussions will also focus on youth leadership, innovation, civil society, ethical AI, public initiatives and international partnerships.
The summit will also showcase Africa’s creativity and innovation through the “Innovations for the Future” exhibition, the contemporary African art exhibition “Unity,” and the international exhibition “The World Paints Happiness.”
Another featured initiative is “The Zambezi River: Economy, Society, Soul,” an international interdisciplinary project exploring the river’s socioeconomic importance across Angola, Botswana, Mozambique, Namibia, Zambia and Zimbabwe, highlighting the shared heritage and development potential of one of Africa’s most important waterways.
The event will conclude with the adoption of the African Communiqué, reflecting the summit’s shared vision for stronger international cooperation, sustainable development and people-centred leadership.
Tsegaye Chama, General Secretary of the Global Black Centre, promised that, “The Summit will be delivered with exceptional distinction, reflecting the magnitude and spirit of the World Peoples Assembly. It embodies a unity that is not transactional, but purposeful and conscious, a unity that shapes new contours for a world that works for all peoples of the World.”
As delegates prepare to arrive in Addis Ababa, anticipation continues to build for what promises to be one of Africa’s most significant international gatherings of 2026—one that will place the continent firmly at the centre of global conversations about the future.
World
Nigeria Leads Africa in Equity Funding as Startup Investment Hits $254m in H1 2026
By Adedapo Adesanya
Nigeria regained its position as Africa’s leading destination for equity startup investment in the first half of 2026, raising $214 million in equity financing and a total of $254 million across equity and debt, according to the latest Africa: The Big Deal report.
The report, titled H1 2026: Mapping the Money, showed that Nigeria ranked second on the continent in total funding, behind Egypt, which attracted $327 million, while Kenya and South Africa followed with $126 million and $83 million, respectively.
However, the report noted that Egypt’s top position was largely driven by a single fundraising by electric mobility company Spiro, which secured $327 million, including $270 million in equity and $57 million in debt. Excluding debt financing, Nigeria emerged as Africa’s largest equity funding market in the first six months of the year.
According to the breakdown by Africa: The Big Deal, Nigeria’s equity funding of $214 million was higher than Egypt’s $183 million, while South Africa and Kenya attracted $66 million and $46 million, respectively.
Beyond funding value, Nigeria also led the continent in the number of startups that raised at least $100,000 during the review period, reclaiming the top spot after what the report described as an “underwhelming” second half of 2025.
The publication observed that Nigeria’s fundraising performance has remained relatively stable over the past few years and exceeded the $250 million mark for the first time since 2022, pointing to renewed investor confidence in the country’s startup ecosystem.
It also found that while the Big Four startup markets—Nigeria, Egypt, Kenya and South Africa—continued to dominate Africa’s investment landscape, their combined share of total funding stood at 58 per cent in the first half of 2026.
“Zooming back on the Big Four (110 out of 190 $100k+ deals, i.e. 58%), Nigeria is head and shoulders above its peers, with Egypt and Kenya almost tying, and South Africa in fourth position again,” the report noted.
The report highlighted contrasting performances among the continent’s largest startup ecosystems. While Nigeria and Egypt maintained strong funding momentum, Kenya recorded its weakest funding performance since early 2021 after a strong second half of 2025, and South Africa failed to attract $100 million in funding during the period despite leading the continent a year earlier.
Africa: The Big Deal also noted a broader shift in investor behaviour, with funding increasingly concentrated in larger transactions while early-stage investments continued to decline. According to the publication, the drop in smaller funding rounds reflects growing concerns about limited capital available for early-stage startups across Africa.


