World
Sergey Lavrov’s Working Trip to Africa
By Kestér Kenn Klomegâh
On the eve of his four-nation African tour from July 24 to 28, Foreign Minister, Sergey Lavrov, shared reflections on the prospects for Russia-African relations within the context of the current geopolitical and economic changes.
He makes official working visits to Egypt, Ethiopia, Uganda and the Republic of the Congo. Before taking off from Moscow, he gave a joint interview to Russia Today television, Sputnik news agency and Rossiya Segodnya International Information Agency.
According to Lavrov, Russia has had long-standing good relations with Africa since the days of the Soviet Union which pioneered and led a movement that culminated in decolonization. Russia provided assistance to the national liberation movement and then to the restoration of independent states and the rise of their economies.
Hundreds of enterprises were built, which now form the basis of many African economies. At the United Nations, Russia led the movement to have decolonization formalized as an integral part of international law and everyday life.
“We have been rebuilding our positions for many years now. The Africans are reciprocating. They are interested in having us. We never engaged in teaching them anything, but helped them overcome their problems so that they could live in their country the way they wanted to,” he told the news agencies during the interview.
According to the transcript, Lavrov explained that his ministry has been trying to cover as many countries as possible. That his current visit includes Egypt, Ethiopia, Uganda and the Republic of the Congo. Before the first Russia-Africa Summit, he went to North Africa, and also in March 2018, he visited Angola, Namibia, Mozambique, Zimbabwe and Ethiopia.
Our monitoring and research show that Egypt is the number one trade and economic partner in Africa with a trade of just under $5 billion. The first nuclear power plant is being built. The construction of a Russian industrial area on the banks of the Suez Canal is nearing completion.
El-Dabaa will be the first nuclear power plant in Egypt and the first major project of Rosatom in Africa. El Dabaa NPP will comprise four units, with each of them having a capacity of 1200 MW, equipped with a Generation III+ VVER-1200 reactor, considered to be the latest technology for nuclear power plants, which has already been successfully implemented in other countries.
Russia and Egypt signed an intergovernmental agreement on the construction of the country’s first nuclear power plant in Cairo in November 2015. The total cost of construction is $30 billion. The parties also signed an agreement to provide Egypt with a state export loan of $25 billion for the construction of the nuclear power plant, which will cover 85% of the work.
The remaining expenses should be covered by the Egyptian side by attracting private investors. Under the agreement, Egypt is to start payments on the loan, which was provided at 3% per annum, in October 2029.
Lavrov expressed optimism that relations with Africa have brighter prospects now that the African Union decided last year to establish the African Continental Free Trade Area. Specific criteria and tariffs for this area are being agreed upon, which will take some time. This will benefit Russia as Africa’s rising partner in terms of boosting trade and investment which are quite modest compared to the United States, China and the European Union.
Records show that Africa has a population of over 1.3 billion people, which is comparable to China and India. This is a great portion of the modern world and probably the most promising market. That is why companies and external countries with good vision are building long-term strategies with regard to Africa, which is the continent of the future.
“We have an excellent political foundation underlying our relations and a good mutual understanding based on the fact that thousands of Africans who hold positions in their respective governments have studied in Russia and continue to do so. We need to use this human and political capital to achieve economic advancement,” Lavrov explained.
Russia will deliver the contractually promised food, fertilizer, energy and other commodities to its African friends, despite the difficulties created by Western sanctions, Lavrov assured the continent in an op-ed published across major African news outlets. Western and Ukrainian propaganda accusing Moscow of trying to starve Africa is unfounded and seeks to deflect their own blame, he said.
“We are well aware of the importance of Russian supplies of socially important commodities, including food, to many countries around the world. We are mindful that these supplies play an important role in preserving social stability,” Lavrov said.
“It is essential that all our African friends understand that Russia will continue to fulfil in good faith its obligations under international contracts with regard to exports of food, fertilizers, energy and other goods vital for Africa,” the Russian foreign minister wrote, adding that Moscow is “taking all measures to this end.”
Lavrov reminded Africans that Russia is not “stained with the bloody crimes of colonialism” on the continent, but has instead “sincerely supported Africans in their struggle for liberation from colonial oppression,” over the years, including economic, military and educational assistance.
“Russia does not impose anything on anyone or tell others how to live,” Lavrov argued. “We treat with great respect the sovereignty of the States of Africa, and their inalienable right to determine the path of their development for themselves.”
Moscow’s principle of “African solutions to African problems” is in stark contrast to the “master–slave” logic of the former colonial powers, the Russian diplomat noted. Relations between Russia and African nations are “of an intrinsic value and do not depend on fluctuations in the international environment,” Lavrov pointed out in closing: “It is good to see that our African friends have a similar understanding with Russia.”
It is, however, expected that a wide range of important international and regional issues will be discussed, with special emphasis on forming a new international and regional agenda and building a new polycentric architecture of interstate relations.
General expectations are that Lavrov’s meetings and talks in the African capitals will allow for a more detailed analysis of the current and future prospects of trade, economic, investment, scientific, technological and humanitarian ties. But one key aspect should be how to make strategic efforts more effective, considering the existing experience of constructive partnership and bilateral cooperation in Egypt, Uganda, Ethiopia, the Republic of the Congo, and, of course, the rest of Africa.
With the Russian government’s preparedness to provide adequate funding, President Vladimir Putin has appointed his aide Yury Ushakov as chairman of the organizing committee for the preparation and holding of the second Russia-Africa summit in Russia and now rescheduled for 2023, according to a presidential decree published on the government website.
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.
World
United States, Russia Resolving Trade Issues, Seeking New Business Opportunities
By Kestér Kenn Klomegâh
Despite the complexities posed by Russia-Ukraine crisis, United States has been taking conscious steps to improve commercial relations with Russia. Unsurprisingly, Russia, on the other hand, is also moving to restore and normalise its diplomacy, negotiating for direct connections of air-routes and passionate permission to return its diplomats back to Washington and New York.
In the latest developments, Kirill Dmitriev, Chief Executive Officer of the Russian Direct Investment Fund (RDIF), has been appointed as Russian President’s Special Envoy to United States. This marked an important milestone towards raising bilateral investment and economic cooperation. Russian President Vladimir Putin tasked him to exclusively promote business dialogue between the two countries, and further to negotiate for the return of U.S. business enterprises. According to authentic reports, United States businesses lost $300+ bn during this Russia-Ukraine crisis, while Russia’s estimated 1,500 diplomats were asked to return to Moscow.
Strategically in late November 2025, the American Chamber of Commerce in Russia (AmCham) has awarded Kirill Dmitriev, praised him for calculated efforts in promoting positive dialogue between the United States and Russia within the framework decreed by President Vladimir Putin. Chief Executive Officer of Russian Direct Investment Fund (RDIF) Kirill Dmitriev is the Special Representative of the Russian President for Economic Cooperation with Foreign Countries. Since his appointment, his primary focus has been on United States.
“Received an American Chamber of Commerce award ‘For leadership in fostering the US-Russia dialogue,’” Dmitriev wrote on his X page, in late November, 2025. According to Dmitriev, more than 150 US companies are currently operating in Russia, with more than 70% of them being present on the Russian market for over 25 years.
In addition, Chamber President Sergey Katyrin and American Chamber of Commerce in Russia (AmCham) President Robert Agee have also been discussing alternatives pathways to raise bilateral business cooperation. Both have held series of meetings throughout this year, indicating the the importance of sustaining relations as previously. Expectedly, the Roscongress Foundation has been offered its platforms during St. Petersburg International Economic (SPIEF) for the American Chamber of Commerce (AmCham).
On December 9, Sergey Katyrin and Robert Agee noted that, despite existing problems and non-economic obstacles, the business communities of Russia and the United States proceed from the necessity of maintaining professional dialogue. Despite the worsening geopolitical conditions, Sergey Katyrin and Robert Agee noted the importance of preserving stable channels of trade and pragmatic prospects for economic cooperation. These will further serve as a stabilizing factor and an instrument for building mutual trust at the level of business circles, industry associations, and the expert community.
The American Chamber of Commerce (AmCham) will be working in the system of the Chamber of Commerce and Industry (CCI) in the Russian Federation, which currently comprises 57,000 legal entities, 130 regional chambers and a combined network of representative offices covering more than 350 points of presence.
According to reports obtained by this article author from the AmCham, promising sectors for Russian-American economic cooperation include healthcare and the medical industry, civil aviation, communications/telecom, natural resource extraction, and energy/energy equipment. The United States and Russia have, more or less, agreed to continue coordinating their work to facilitate the formation of a more favorable environment for Russian and American businesses, reduce risks, and strengthen business ties. Following the American-Russian Dialogue, a joint statement and working documents were adopted.
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