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
United States Congress Pursuing AGOA Extension
By Kestér Kenn Klomegâh
After the expiration of bilateral agreement on trade, the US Congress as well as African leaders, highly recognizing its significance, has been pursuing the extension of the African Growth and Opportunity Act (AGOA). The agreement, which allows duty-free access to American markets for African exporters, expired on September 30, 2025.
The US Congress is advancing a bill to revive and extend AGOA, but South Africa’s continued inclusion remains uncertain. The trade pact still has strong bipartisan support, with the House Ways and Means Committee approving it 37-3. However, US Trade Representative, Jamieson Greer, raised concerns about South Africa, citing tariffs and non-tariff barriers, and said the administration could consider excluding the country.
This threat puts at risk the duty-free access that has significantly benefited South African automotive, agricultural, and wine exports. The debate highlights how trade policy is becoming entangled with broader diplomatic tensions, casting uncertainty over a key pillar of US-Africa economic relations.
Nevertheless, South Africa continues to lobby for inclusion. South Africa trade summary records show that the US goods and services trade with South Africa estimated at $26.2 billion in 2024. The US and South Africa signed a Trade and Investment Framework Agreement (TIFA) as far back as in 2012.
The duty-free access for nearly 40 African countries has boosted development and fostered more equitable and sustainable growth in Africa. By design AGOA is a useful mechanism for improving accessibility to trade competitiveness, connectivity, and productivity. During these past 25 years, AGOA has been the cornerstone of US economic engagement with the countries of sub-Saharan Africa.
Key features and benefits of AGOA:
It’s worth reiterating here that during these past several years, AGOA has been the cornerstone of US economic engagement with the countries of sub-Saharan Africa. In this case, as AGOA is closely working with the African Continental Free Trade Area (AfCFTA) Secretariat and with the African Union (AU), trade professionals could primarily leverage various economic sectors and unwaveringly act as bridges between the United States and Africa.
* Duty-free Access: AGOA allows eligible products from sub-Saharan African countries to enter the US market without paying tariffs.
* Promotion of Economic Growth: The program encourages economic growth by providing incentives for African countries to open their economies and build free markets.
* Encouraging Economic Reforms: AGOA encourages economic and political reforms in eligible countries, including the rule of law and market-oriented policies.
* Increased Trade and Investment: The program aims to strengthen trade and investment ties between the United States and sub-Saharan Africa.
With the changing times, Africa is also building its muscles towards a new direction since the introduction of the African Continental Free Trade Area (AfCFTA), which was officially launched in July 2019.
In practical terms, trading under the AfCFTA commenced in January 2021. And the United States has prioritized the AfCFTA as one mechanism through which to strengthen its long-term relations with the continent. In the context of the crucial geopolitical changes, African leaders, corporate executives, and the entire business community are optimistic over the extension of AGOA, for mutually beneficial trade partnerships with the United States.
Worthy to say that AGOA, to a considerable degree, as a significant trade policy has played a crucial role in promoting economic growth and development in sub-Saharan Africa.
World
Accelerating Intra-Africa Trade and Sustainable Development
By Kestér Kenn Klomegâh
Africa stands at the cusp of a transformative digital revolution. With the expansion of mobile connectivity, internet penetration, digital platforms, and financial technology, the continent’s digital economy is poised to become a significant driver of sustainable development, intra-Africa trade, job creation, and economic inclusion.
The African Union’s Agenda 2063, particularly Aspiration 1 (a prosperous Africa based on inclusive growth and sustainable development), highlights the importance of leveraging technology and innovation. The implementation of the African Continental Free Trade Area (AfCFTA) has opened a new chapter in market integration, creating opportunities to unlock the full potential of the digital economy across all sectors.
Despite remarkable progress, challenges persist. These include limited digital infrastructure, disparities in digital literacy, fragmented regulatory frameworks, inadequate access to financing for tech-based enterprises, and gender gaps in digital participation. Moreover, Africa must assert its digital sovereignty, build local data ecosystems, and secure cyber-infrastructure to thrive in a rapidly changing global digital landscape.
Against this backdrop, the 16th African Union Private Sector Forum provides a timely platform to explore and shape actionable strategies for harnessing Africa’s digital economy to accelerate intra-Africa trade and sustainable development.
The 16th High-Level AU Private Sector forum is set to take place in Djibouti, from the 14 to 16 December 2025, under the theme “Harnessing Africa’s Digital Economy and Innovation for Accelerating Intra-Africa Trade and Sustainable Development”
The three-day Forum will feature high-level plenaries, expert panels, breakout sessions, and networking opportunities. Each day will spotlight a core pillar of Africa’s digital transformation journey.
Day 1: Digital Economy and Trade Integration in Africa
Focus: Leveraging digital platforms and technologies to enhance trade integration and competitiveness under AfCFTA.
Day 2: Innovation, Fintech, and the Future of African Economies
Focus: Driving economic inclusion through fintech, innovation ecosystems, and youth entrepreneurship.
Day 3: Building Policy, Regulatory Frameworks, and Partnerships for Digital Growth
Focus: Creating an enabling environment for digital innovation and infrastructure through effective policy, governance, and partnerships.
To foster strategic dialogue and action-oriented collaboration among key stakeholders in Africa’s digital ecosystem, with the goal of leveraging digital economy and innovation to boost intra-Africa trade, accelerate economic transformation, and support inclusive, sustainable development.
* Promote Digital Trade: Identify mechanisms and policy actions to enable seamless cross-border digital commerce and integration under AfCFTA.
* Foster Innovation and Fintech: Advance inclusive fintech ecosystems and support innovation-driven entrepreneurship, especially among youth and women.
* Policy and Regulatory Harmonization: Build consensus on regional and continental digital regulatory frameworks to foster trust, security, and interoperability.
* Encourage Investment and Public-Private Partnerships: Strengthen collaboration between governments, private sector, and development partners to invest in digital infrastructure, R&D, and skills development.
* Advance Digital Inclusion and Sustainability: Ensure that digital transformation contributes to environmental sustainability and the empowerment of marginalized communities.
The AU Private Sector Forum has held several forums, with key recommendations. These recommendations provide valuable insights into the challenges and opportunities facing the African private sector and offer guidance for policymakers on how to support its growth and development.
World
Russia’s Lukoil Losses Strategic Influence Across Africa
By Kestér Kenn Klomegâh
Lukoil, Russia’s energy giant, has seriously lost its grounds across Africa, due to United States sanctions. Sanctions have complicated the company’s potential continuity in operating its largest oil field projects, grappling its investment particularly in Republic of Ghana, Democratic Republic of Congo, and Federal Republic of Nigeria.
Reports indicated the sanctions are further dismantling most of Lukoil’s operations, causing significant staff layoffs in its offices worldwide. For instance, Lukoil’s significant upstream operations in the Middle East include a 75% stake in Iraq’s West Qurna 2 oilfield and a 60% stake in Iraq’s Block 10 development. In Egypt, the company holds stakes in various oilfields alongside local partners.
Lukoil has until December 13, 2025, to negotiate the sale of most of its international assets, including those in Asia, Africa and Latin America. It has already terminated several important agreements that were signed with international partners due to difficulties in circumventing the sanctions.
Reports said calculated efforts to diversify exploration business relations is turning extremely complex, and current at the cross-roads, Lukoil will have to ultimately give up existing contracts and agreements it had signed with external countries.
Lukoil’s website reports also pointed to reasons for abandoning oil and gas exploration and drilling project that it began in Sierra Leone. According to those reports, Lukoil could withdraw from almost all of the projects in West Africa.
In addition to geopolitical sanctions, technical and geographical hitches, Lukoil noted on its website, an additional obstacles that “the African leadership and government policies always pose serious problems to operations in the region.” Similarly, the Kremlin-controlled Rosneft abandoned its interest in the southern Africa oil pipeline construction, negatively impacted on Angola, Mozambique, South Africa and Zimbabwe.
United States sanctions has hit Lukoil, one of the Russia’s biggest oil companies, like many other Russian companies, that has had a long history shuttling forth and back with declaration of business intentions or mere interests in tapping into oil and gas resources in Africa.
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