World
Russian, African Parliamentarians Stand Against United States in Africa
By Kestér Kenn Klomegâh
Russia and African parliamentarians continue forging solidarity against growing neo-colonial tendencies in Africa. The parliamentarians, far ahead of their symbolic gathering, have intensified political dialogue and support for Russia’s war on neighbouring Ukraine and further expressed readiness to support Africa’s economic development.
Russia has come under stringent economic sanctions from the United States and Europe due to the ‘special military operation’ that it began in February 2022, more than a year that has adversely affected Africa. It has also divided Africa’s voting at the United Nations, with some experts arguing that such sharp divisions, in terms of voting either for or against, abstaining or keeping neutral, could influence Africa’s unity in the continent.
Some policy experts still expect high symbolism at the 2023 Russia-Africa summit as official working visits have become more frequent and Africa receives greater coverage in Russian media. The experts say instead of measuring the success of the summit by African leaders’ attendance, as happened in 2019, the parties give greater attention to the substance of the agenda, which is under development. Russia should try to increase its presence in Africa while avoiding direct confrontation with other non-regional and foreign players.
According to the experts, Russia’s efforts, for now, are not practically showing tangible results. Russia has to open its doors more to African visitors and tourists; these could bring together anyone interested in expanding all-inclusive dialogue and anyone who is ready to help promote initiatives possibly for increasing socio-economic development between Russia and the African states and raising the well-being of their citizens.
That however, undeterred by the pressure from the United States ‘to cancel Russia’ in their relationship, African parliamentarians have arrived in Moscow for a two-day working gathering to methodically develop Russian-African relations in various fields. In addition, to the political dialogue, they are also focusing on economic, cultural, humanitarian and scientific cooperation.
According to the plan, Russian parliamentarians and African colleagues fixed topical issues of the international parliamentary agenda for discussions: parliamentary support of scientific and educational cooperation, a legislative response to economic challenges, indivisible security: capabilities and contributions of parliaments, and neocolonialism of the West: how to prevent the repetition of history.
On March 20, the main conference entitled “Russia-Africa in the multipolar world” at the State Duma (the Pillar Hall of the House of the Unions). More than 40 official parliamentary delegations from almost all African countries have already arrived for the conference. Representatives of the scientific, educational and expert communities from Russia and African countries, members of the State Duma, federal executive authorities, senators of the Federation Council, and chairmen of the legislative bodies of the constituent entities of the Russian Federation.
There was a bilateral meeting of the Chairman of the State Duma, Vyacheslav Volodin and the Speaker of the National Assembly of the Parliament of South Africa, Nosiviwe Mapisa-Nqakula, at the State Duma. The Speaker stressed that the Republic highly appreciated the dialogue with Russia.
Speaker Volodin noted that attempts by Washington and Brussels to isolate Africa and Russia have failed. He is convinced that the parliaments could do a lot for further development of relations on the principles of respect, non-interference in the internal affairs of other states and mutually beneficial cooperation.
He stressed that relations between Russia and the Republic of South Africa were developing with the help of cooperation between the presidents of the two states. “We have great capabilities, and we should use the parliamentary dimension to do everything to enhance our cooperation in various areas,” added Volodin. He suggested preparing and signing a relevant agreement between the State Duma and the National Assembly of the Parliament of South Africa, as well as creating a high-level commission. Nosiviwe Mapisa-Nqakula supported his suggestion.
Mapisa-Nqakula thanked Vyacheslav Volodin for sending the invitation to take part in the Parliamentary Conference before adding “It is very important for us that Russia gives priority to the African continent. Many countries consider Africa as a great possibility to get African resources. But taking into account the history of our cooperation, we, like many other African countries, believe that Russia has other, more genuine interests in Africa.”
“Our cooperation started decades ago. And we felt your support in the worst times for us, during apartheid. We understand that now it is a difficult time for Russia as a country. But I would like to assure you that South Africa will continue cooperation and discuss areas of cooperation that are important for us. We look forward to its start,” said Nosiviwe Mapisa-Nqakula.
The speakers also discussed issues of cooperation within the framework of the BRICS, as it is South Africa’s chairmanship. “For us, the cooperation between the parliaments within the BRICS framework is very important, as we can discuss issues of common interest,” emphasized the Speaker of the National Assembly of the Parliament of South Africa.
“Our Conference will be an important stage in the process of preparing for the second Russia-Africa summit, which is planned to be held in Saint Petersburg this summer with the participation of the heads of state,” concluded the Chairman of the State Duma.
According to reports monitored by this author, there are 17 specialized working groups that focus on various areas of cooperation between Russia and Africa. The expectation is that these working would come up with useful initiatives to be incorporated into an action plan for 2023-2026 and further cement the entire complex of relations between Russia and the African countries.
Russian President Vladimir Putin will speak at the Russia-Africa parliamentary conference on Monday, Kremlin aide Yury Ushakov told reporters. “On March 20, when the president receives the Chinese leader, he will address the 2nd parliamentary conference Russia-Africa,” Ushakov, who heads the organizing committee of the summit, said, adding that the event would pave the way for the 2nd Russia-Africa summit, scheduled to take place from July 27-28 in St. Petersburg, second largest city of Russia.
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.
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.
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.
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