World
Sochi Summit Expected to Open Russia’s Door to Africa
By Kester Kenn Klomegah
As Sochi, a Russian city located on the Black Sea coast, prepares to host African leaders, experts have been discussing the possible outcome of this first high-level event in the history of Russian-African relations, with the heads of all states of the African continent invited, as well as leaders of major sub-regional associations and organisations attending. According to official sources here, the summit on October 24 will play special attention to the current state and prospects of Russia’s relations with African countries and to the expansion of the political, economic, technical and cultural cooperation.
The agenda includes a wide range of issues on the international agenda, including joint response to new challenges and threats, and strengthening of the regional stability. At the end of the meeting, the participants are scheduled to adopt a political declaration on the key areas of Russian-African cooperation.
Ahead of summit, to be co-chaired by President Vladimir Putin of Russia and Egyptian President Abdel Fattah el-Sisi, who also heads the African Union, IDN’s Kester Kenn Klomegah talked to Dr. Gideon Shoo, media consultant and business lobbyist based in Kilimanjaro Region in Tanzania. Dr. Shoo explained in this interview what Russian investors and other participants can expect from the African political leaders and corporate business heads from the public and private sectors in Africa. Following are excerpts from the interview:
Africa Beyond Aid! What should African leaders do in order to raise mutual cooperation with Russia? Let us look at this question on the reverse side, from the African side?
African leaders must strive to understand their counterparts in Russia. They need to understand the political system in Russia, and at least, the economic policies and interests. At the same time, they need to demonstrate what they can do in terms of helping Russia overcome some of the economic hitches as a result of sanctions imposed on her by the United States and the European Union. They should engage in “a scratch my back I scratch yours” relationship given the fact that Russia is advanced in technology which is badly needed in Africa.
Russia has a number of bilateral agreements, at least during the past decade, that were largely not implemented in many African countries. In your view, what mechanisms be fixed to deliver on pledges and promises?
This is quite an important aspect of Russia-African relationship. Bilateral agreements need to be revised and schedules of implementation be drawn wherever possible. Russia needs to go back to those years when it committed itself to help Africa get out of neocolonial cobweb by assisting in crucial and important areas such as education, public health and engineering. That was partly done through offering higher and specialized education as one way of development assistance to the continent.
Of course, priority spheres include energy, oil & gas, infrastructure etc., but what kinds of state support be offered Russian companies and enterprises to operate effectively in Africa?
Russian companies need to prove their superiority in the sector mentioned above. The companies should show how African countries are going to benefit. African governments must make it easier for Russian companies to set up and operate in their countries. Russian financial institutions can offer credit support that will allow them to localize their production in Africa’s industrial zones, especially southern and eastern African regions that show some stability and have good investment and business incentives. In order to operate more effectively, Russians have to risk by investing, recognize the importance of cooperation on key investment issues and to work closely on the challenges and opportunities on the continent.
Of course, Russians have been trying to return there over the past few years, which is a very commendable step forward. There are prospects for greater or broader foreign players. Until potential Russian investors make a decision to pay more high-level attention to Africa, it is difficult to see greater engagement at the economic or business level. In practical sense, it requires to move beyond mere expression of interests, it needs strategic focus and pragmatic approach from both Russians and African governments.
According to official figures, Russia-African trade currently stands at US$17.8 billion. Could trade preferences help potential African exporters (make it a two-way road) also to explore the Russian market?
Russia is, so far, a closed market to many African countries. It is difficult to access the Russian market. There are no direct flights to most African capitals, and it makes Russia not a common destination even to the Vasco da Gamas of Africa. While tropical fruits and vegetables are rotting in Africa, the Russian market is yawning because of sanctions. Why not work out a two-way traffic between Africa and Russia? African countries have to look to new emerging markets for export products, make efforts to negotiate for access to these markets. This can be another aspect of the economic cooperation and great business opportunity for both regions.
Talking about Russia’s presence in Africa and Africa’s presence in Russia. Understandably, much also depends on the interest of African businesspeople; but what should be done to stimulate or boost potential African exporters’ interest in Russia?
Visits. Visits. Visits. But, how can this be achieved if there are no direct affordable flights? Can Africa and Russia establish links through joint ventures including those in aviation? Yes, I think and believe it is possible. Can Africa, especially south of the Sahara be a tourist destination for Russians and vice versa? Yes, it is possible. For instance, tourism can primarily help to broaden cultural horizons, breaking stereotypes and attitudes.
Developing tourism is one way to promote business and raise knowledge of diverse culture in Africa. By looking at the rules and regulations, the situation about Russia’s presence in Africa and Africa’s presence in Russia can be changed. Russia and Africa have to make efforts for raising the level of trade and business in both regions.
Sochi summit holds the key to all these questions you have so far discussed above. Can these, among others and in reality, mark a definitive start of a new dawn in the Russia-African relations?
In the first place, Russians and Africans have to look at this positively. It will offer participants the opportunity to engage in dialogue, receive up-to-date information on the current trends, challenges and prospects of investment activities as well as networking for business contacts. It is also important that African leaders determine and set their development priorities.
I believe Sochi can turn out to be a new chapter in Russia-Africa cooperation, it all depends on how serious all participants are in seeing it happen. The gathering has to offer the expected fruits, leave a long-term and sustainable impact and memories among the participants. Sochi, indeed, should open the door to Africa.
By Kestér Kenn Klomegâh
For the first time in its history, the World Public Summit will be held on the African continent. On 29–30 July 2026, Addis Ababa, the capital of Ethiopia, will host the World Public Summit. Africa — “A New World: Africa in Shaping a Shared Future.”
The Summit is organised by the World Peoples Assembly in cooperation with African partner organisations. It will bring together leaders of public diplomacy, representatives of international intergovernmental and non-governmental organisations, academics, experts, representatives of the education and cultural sectors, youth leaders, socially responsible businesses, media professionals, and civil society institutions from across Africa and other regions of the world.
The World Public Summit. Africa continues the work initiated during the First World Public Assembly “A New World of Conscious Unity,” held in Moscow in September 2025, and serves as one of the key milestones in preparation for the Second World Public Assembly “A New World: Values That Unite,” which will take place in Moscow on 18–19 September 2026.
Today, Africa is emerging as one of the principal centres of global development. Rapid demographic growth, expanding entrepreneurship, strengthening regional integration, rich cultural heritage, and the growing role of civil society institutions make the continent an increasingly important contributor to the future architecture of international cooperation.
The Summit will focus on issues of genuine sovereignty and sustainable development, public diplomacy, preservation of cultural and historical heritage, international cooperation in education and science, youth engagement, innovation-driven development, creative industries, and the formation of new partnerships among countries and peoples.
The main business programme of the Summit will take place on 30 July 2026 at the headquarters of the United Nations Economic Commission for Africa (UNECA) in Addis Ababa. Holding the Summit at UNECA highlights its pan-African dimension and creates opportunities for broad international dialogue on humanitarian cooperation and public diplomacy.
The programme will include plenary sessions, strategic dialogues, and expert panels dedicated to values-based development, education, culture, youth leadership, innovation, and international cooperation.
Participation has already been confirmed by Professor Saidou Madougou, Director of the Department of Education, Science, Technology and Innovation of the African Union; Rita Bissoonauth, Director of the UNESCO Liaison Office to the African Union and UNECA in Addis Ababa; Zuzana Schwidrowski, Director of the Macroeconomics, Finance and Governance Division of UNECA, as well as ministers, leaders of public organisations, and representatives of the business community from a number of African countries.
On the same day, the ADWA Victory Memorial Museum—Ethiopia’s national memorial complex dedicated to the Victory of Adwa and an important centre for preserving the historical memory of the Ethiopian people—will host the award ceremony of the regional stage of the V International Competition “Leader of Public Diplomacy”, followed by a large-scale cultural programme.
One of the key outcomes of the Summit will be the adoption of the African Communiqué, reflecting proposals and recommendations aimed at strengthening humanitarian, educational, cultural, and public cooperation between African countries and other regions of the world.
The outcomes, initiatives, and recommendations were developed during the World Public Summit. Africa will be presented at the Second World Public Assembly “A New World: Values That Unite”, to be held in Moscow on 18–19 September 2026.
According to Andrey Belyaninov, General Secretary of the World Peoples Assembly, “the Addis Ababa Summit is an important step toward building a new world founded on mutual respect, cultural diversity, dialogue and sustainable development.”
By Adedapo Adesanya
The United Kingdom will get its seventh Prime Minister in 10 years as Mr Keir Starmer announced his resignation on Monday.
The Minister said he is stepping down as leader of the governing Labour Party and will leave office within weeks, scarcely two years after being elected in a landslide.
Mr Starmer says he will remain caretaker prime minister until a new Labour leader is chosen by the party.
Mr Starmer made the announcement after facing growing pressure to hand over to a new leader who can try to revive the government’s flagging fortunes.
He led Labour to a landslide election victory in July 2024, but since then, his popularity and that of the party have plummeted.
His departure was triggered by the victory of Mr Andy Burnham in a special election last week. The popular ex-mayor of Greater Manchester planned to challenge the existing PM for the Labour leadership.
Mr Starmer made the announcement outside the prime minister’s 10 Downing St. residence with a brief statement on Monday.
“The question my party is asking now is whether I am best placed to lead us into the next general election,” Mr Starmer said. “I have heard the answer of my parliamentary party to that question, and I accept that answer with good grace.
Mr Starmer is the sixth prime minister in a decade to stand outside 10 Downing Street and announce a premature departure.
It comes the day before Britain marks the 10th anniversary of its vote to leave the European Union, a decision that still affects the country’s economy and politics.
Over the past decade, 10 Downing Street has had six occupants, including Mr David Cameron, who left office in 2016 after the Brexit referendum and was succeeded by Ms Theresa May. She was followed by Mr Boris Johnson, whose tenure covered Brexit and the COVID-19 pandemic. After Mr Johnson came Ms Liz Truss, whose 49-day premiership was the shortest in British history. Mr Rishi Sunak then took office before being succeeded by Mr Starmer, the outgoing occupant of Number 10.
By Aduragbemi Omiyale
A financing facility of up to $60 million has been secured by AXIAN Energy, the energy division of the AXIAN Group.
The funding package was provided by MCB, one of the leading financial institutions in the Indian Ocean region.
It comprises a $40 million revolving credit facility with a three-year tenor and extension option, and $20 million in unfunded instruments, providing AXIAN Energy with enhanced financial flexibility, enabling the company to rapidly mobilise resources and seize development opportunities across its target markets.
The energy firm is expected to use the capital to deliver large-scale energy infrastructure projects across Africa.
Over the past two years, AXIAN Energy has significantly accelerated its growth by expanding its renewable energy project pipeline, with solar projects currently under development in Senegal, Benin, Zambia, Côte d’Ivoire, Madagascar, and Burkina Faso.
Building on this momentum, AXIAN Energy now operates a portfolio comprising 350 MW of installed renewable energy capacity, supported by 77 MWh of energy storage capacity, positioning the AXIAN Group as a major contributor to Africa’s energy transition.
The chief executive of AXIAN Energy, Mr Benjamin Memmi, said, “This transaction marks a key milestone in AXIAN Energy’s growth trajectory. It provides us with the financial capacity to sustain the momentum we have built over the past two years, further strengthening our renewable energy portfolio and expanding our presence across new African markets.”
Also commenting, the Global Head of Structured Finance at MCB, Mr Mathieu Delteil, said, “We are proud to support AXIAN Energy in structuring this facility, reaffirming our commitment to enabling transformative projects across Africa.
“By leveraging our sector expertise and deep understanding of regional markets, we have delivered a tailored financing solution that aligns with AXIAN’s long-term renewable energy ambitions.
“This partnership highlights our role as a strategic financial partner, mobilising capital towards investments that drive sustainable growth and accelerate the energy transition across the continent.”
The financing agreement between the two organisations strengthens their long-standing relationship because it is driven by a shared commitment to supporting infrastructure development and economic growth across Africa.
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