World
Russian and African Legislators Meet, What Next?
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.
World
Comviva Wins at IBSi Global FinTech Innovation Award
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.
World
Russia Renews Africa’s Strategic Action Plan
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.
World
TikTok Signs Deal to Avoid US Ban
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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