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Russian and African Legislators Meet, What Next?

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Parliamentary Conference Russia Africa

By Kestér Kenn Klomegâh

The Russian Foreign Ministry and the State Duma (the lower Chamber of Parliamentarians) have agreed to hold the next International Parliamentary Conference, “Russia – Africa”, in March. In several official reports, this International Parliamentary Conference was considered an important stage and integral part of the preparation for the Russia-Africa summit planned for late July.

Under the chairmanship of Boris Vyacheslavovich Gryzlov, the first Russia-Africa Inter-Parliamentary Conference and a special business forum with the theme “Russia – Africa: Horizons of Cooperation” was held on June 15 -17, 2010. The Federation Council and the State Duma still remember the final joint declaration made at the end of the gathering. Absolutely nothing was pursued, and nothing was achieved after that conference in 2010.

Significant change only appeared when Vyacheslav Volodin became the Chairman of the State Duma. The urgent revival of the idea to bring together African parliamentarians appeared on the political scene – a prelude to the first Russia-Africa summit in 2019.

The State Duma then, with the Ambassadors of African countries in the Russian Federation, held a preparatory meeting to brainstorm for views and opinions for consolidating the future of Russia-Africa relations. The meeting was also aimed at preparing for the proposed Inter-Parliamentary Conference Russia-Africa planned in 2019.

Vyacheslav Volodin, Chairman of the State Duma, stressed the importance of regular meetings to shape the future relations between Russia and Africa. “We have great expectations for the inter-parliamentary conference Russia-Africa which we are planning to hold in 2019. In our opinion, it will serve as a stimulus and initiate some processes aimed at the development of relations between our parliaments,” said the Chairman of the State Duma, opening that meeting in April 2019.

“We are going to provide support through the parliamentary dimension for the development of inter-parliamentary contacts in terms of the preparation of the Russia-Africa conference. It was initiated by President Vladimir Vladimirovich during the 10th Anniversary BRICS Summit in Johannesburg in July,” the Chairman of the State Duma emphasized.

During that time, it was believed that such a format would allow for productively discussing the agenda on intensifying relations, bringing together approaches on a number of issues and contributing to the preparation of the conference in the framework of agreements reached the level of heads of state. Still, various agreements are undelivered, as noted in the authoritative report titled ‘Situation Analytical Report’ complied by 25 policy experts headed by Professor Sergei Karaganov. That report was presented publicly in November 2021.

Leonid Slutskiy, Chairman of the State Duma Committee on International Affairs, expressed the hope that two-sided parliamentarians’ meetings would become regular and would be constantly held in Moscow. With the primary aim of creating the basis of long-term cooperation and the intention of supporting the steadily growing interest of Africans in geopolitical developments, Russia now plans to invite heads of African parliaments in March 2023 to Moscow.

The parliamentary platform could be used to exchange views on common problems and common issues for the African continent and the Russian Federation. In addition, as it is always noted and a standard approach, the line-up of speeches and presentations is full of anti-Western and anti-Europe confrontation instead of concentrating on development-oriented and business initiatives with African countries.

The State Duma, through constructive discussions with African parliamentarians, could possibly increase the efficiency of interaction on issues requiring joint decisions, including sustainable development, international security, environmental protection, fighting poverty and inequality and countering terrorism.

The State Duma has to outline Russia’s priorities for mutual cooperation and further offer useful comprehensive programmes, and proposals for cooperation with African countries, with the regional economic blocs and with the pan-African Union. The majority of African countries are currently looking to improve their economies and are consequently ready to welcome potential external investors with adequate investment funds, regards of political underpinnings. Understandably, geopolitical neutrality is a pragmatic approach for not dispelling potential genuine external players.

As Foreign Minister Sergey Lavrov noted in his speech delivered in July 2019 at a parliamentary forum held in the World Trade Center (WTC) overlooking the Krasnopresnenskaya Naberezhnaya in Moscow, the State Duma has to bring parliamentarians together for a common purpose of deliberating on the widest range of topical issues, such as global security, sustainable development, the fight against poverty and environmental problems.

Parliamentary diplomacy has to make significant and in-depth contributions to supporting trust and mutual understanding between countries in their search for compromises and balanced solutions to acute international problems, according to Foreign Minister Lavrov.

Interesting to note along these lines of our discussion that since that gathering in 2010, Russian and African parliamentarians have been interacting, mostly chatting over global and regional questions. Reports we have monitored show that many African legislators have visited Moscow. And in terms of reciprocity, Russian legislators have paid a number of working visits to Africa. That is highly commendable, but what African regions, what African countries and what were the results? What have been the achievements aside from raising collective voices against “neo-colonialism” and “hegemony”  and further making numerous pledges and promises?

Concretely aiming at strengthening further mutual bilateral parliamentary relations, Federation Council Speaker Valentina Matviyenko headed a group of Russian senators on a reciprocal visit from May 30 – June 01, 2022, to Maputo, Mozambique. The Chairperson of the Federation Council delivered speeches to the deputies of the Assembly of the Republic of Mozambique and had a separate meeting with the Russia-Mozambique Parliamentary Friendship League.

She expressed satisfaction with the dynamic development of inter-parliamentary relations, the legal basis of which was the protocol on the development of inter-parliamentary cooperation between the Federation Council and the Assembly of the Republic of Mozambique.

“Today, we will take a new important step towards strengthening the legal framework and sign a full-fledged agreement on inter-parliamentary cooperation between the Federation Council and the Assembly of the Republic of Mozambique that meets modern realities. This will allow us to bring our inter-parliamentary contacts to a higher level and open up broad prospects for the exchange of experience in legislative activity,” Matviyenko emphasized.

In this context of bilateral economic cooperation, the Mozambican Head of State, however, expressed satisfaction with the openness that Russia has been showing high interest in expanding bilateral cooperation with Mozambique, especially in the economic and social sectors. Reports monitored from local Mozambican media as well as from both Russian and Mozambican government websites, indicated that Russia has still been looking for feasible and viable economic sectors to strengthen and broaden cooperation with Mozambique.

Speaker Valentina Matviyenko, during discussions with the Mozambican leader Filipe Nyusi, referred to the need to increase trade between Russia and Mozambique, which amounted to approximately $109 million, and described trade figure as well below its potential. Senator Matvienko then invited the Mozambican government to identify more priority areas in which cooperation could be expanded if Mozambique so agrees on this significant assignment or policy task.

After the Soviet collapse and throughout these three decades (30 years) of Russia-Mozambique relations, Russia and Mozambique have been appropriately described as “reliable and time-tested” partners in Africa. Reviewing the evolutionary processes of bilateral relations, it is about time to highlight development projects undertaken or currently in progress. But for the Highly Respected Speaker Valentina Matviyenko, requesting the Mozambican government to identify priority areas for expansion of cooperation, especially at this time in their bilateral history, seems completely out of place. Completely out, especially during the meeting with the President of Mozambique, Filipe Nyusi.

Long before the Russian delegation’s visit to Maputo, Mozambican leader Filipe Nyusi was in Kremlin in August 2019, held business talks with President Vladimir Putin and then went on to deliver and answered several questions during a special business meeting with Russian entrepreneurs at the World Trade Center. According to several reports, there again bilateral agreements were signed between Moscow and Maputo.

Earlier during the month of February 2020, the Chairperson of the Federation Council (the Upper House or the Senate), Valentina Matviyenko, headed a delegation of legislators on a three-day working visit aimed at strengthening parliamentary diplomacy with Namibia and Zambia. This visit showed Russia’s overwhelming commitment to pursuing its strategic interests and supporting its African allies.

According to an official release from the Federation Council, the visit was within the broad framework mechanism of parliamentary consultations between Russia and African countries. The key focus was on political dialogue, economic partnership and humanitarian spheres with Namibia and Zambia. In Zambia, there was an in-depth discussion construction of a nuclear plant.

The Zambian Government hopes that upon commissioning of this project, excess power generated from this plant could be made available for export to neighbouring countries under the Southern African Development Community Power Pool framework arrangement.

Under the agreement that was concluded in December 2016 on the construction of the nuclear plant was estimated at $10 billion. The processes of design, feasibility study and approvals regarding the project concluded. Russia was unprepared to make financial commitments, and Zambia lacks adequate funds to finance the project.

Russia and Zambia would find options for financing nuclear science and technology in the African country, Chairperson of Federation Council Matvienko said at a meeting with Zambian President Edgar Chagwa Lungu. “Now the start of the construction of a centre for nuclear science and technology has been suspended due to financial issues. I would like to say that the request submitted to the Russian president is being carefully considered by the ministries and departments. I’m confident that we will jointly find options to promote funding to roll out the construction of a centre for nuclear science and technology,” she reassured.

While the significance cannot be underestimated, it is also not worrisome that the trip, full of symbolism and promises, concluded without any new major policy announcement. On the other hand, it signals another bid by Moscow to boost relations with the southern African region. Without a doubt, both Namibia and Zambia still have full-fledged commitments to scaling up traditional diplomatic ties with the Russian Federation.

Despite its highly praised global status, Russia has still lagged far and far behind, in practical terms, in economic engagement in Africa. Moscow should begin to count its achievements in Africa rather than so loud on confrontation. This confrontation approach negatively impacts Africa’s dream of continental unity. Reports show that Africa is noticeably divided, and its “unity” largely seems unrealizable. Chinese have also emphasized that Africa is a field for “cooperation” and not for “confrontation” – this position has been reported in media over the world. Waging war on “neo-colonialism” should rather be actively demonstrating investment capabilities, especially in economic sectors in Africa.

For these few years, in strengthening and expanding relations with African parliaments et cetera, African representatives have, oftentimes, reminded that the relations between Russia and Africa have a long time-tested history, all that concerning Soviet-era assistance to Africa and lined up on the principles of equality and mutual respect and that Moscow supports the principle formulated by the African countries – “African solutions to African problems” –  and yet Russia’s policy objectives seem far from the African Union Agenda 2063.

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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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