World
The Great Game of Vaccination Diplomacy Targets Africa
By Kester Kenn Klomegah
Russia is committed to helping eradicate the rapidly increasing coronavirus infections in Africa amounting to approximately 3.8 million with its latest developed Sputnik V vaccine.
Such a step will enable Russia to reassert its geopolitical influence that involves a keen competition with other foreign players on the continent.
An official media release in mid-February said that the Africa Vaccine Acquisition Task Team — set up by the African Union to acquire additional vaccine doses so that Africa can attain a target immunization of 60% — has received an offer of 300 million Sputnik V vaccines from the Russian Federation.
This includes a financing package for any member states wishing to secure this vaccine. The Africa Vaccine Acquisition Task Team also informed that it had secured 270 million doses each from AstraZeneca, Pfizer and Johnson & Johnson.
Dr John Nkengasong, Director of the Africa Centers for Disease Control and Prevention (Africa CDC), explained: “Africa has to team up with development partners to achieve its 60% continent-wide vaccination in the next two years. I think that is why we should as a collective of the continent, and of course, in partnership with the developed world make sure that Africa has timely access to vaccines to meet our vaccination targets.”
Several countries around the world have ordered the Sputnik V, according to the Russian Direct Investment Fund (RDIF). This is a sovereign wealth fund established in 2011 to make equity co-investments, primarily in Russia, alongside reputable international financial and strategic investors.
The offer of 300 million doses to Africa, to be delivered in May, seems limited by Russia’s own production capability. Quoting Deputy Prime Minister Tatyana Golikova, TASS Information News Agency in February 2021 reported that Russia plans to produce 88 million double doses of coronavirus vaccines in the first six months of the year, not including the newly registered CoviVac vaccine.
“We expect that 88 million double doses of coronavirus vaccines will be produced by the end of the first half of the year, not including CoviVac,” she said, adding that 83 million double doses of the Sputnik V vaccine as well as 5.4 million double doses of EpiVacCorona would be manufactured.
According to Golikova, 30.5 million double doses of the vaccines will be produced this first quarter of the year. She also said that 11.1 million double doses of the vaccines have been manufactured in the country so far and 7.9 million doses have been released for civil distribution.
In his wide-ranging annual media conference held on December 17, 2020, Russian President Vladimir Putin explained that as the pandemic spreads, millions of coronavirus vaccine doses will have been produced in Russia at the beginning of the year. The primary objective is to vaccinate the Russian population. “Production of this vaccine requires relevant plants, enterprises, and hardware — all that will be scaled up. I expect all of these plans to be fulfilled and production of millions of vaccine doses at the beginning of the year,” he said.
Technological capabilities
With regard to cooperation with other countries, it will boost the technological capabilities of enterprises to produce the vaccine. Foreign countries will invest their own money into expanding their production capacities and purchasing the corresponding equipment.
“As for cooperation with foreign countries: nothing is stopping us from manufacturing vaccine components at facilities in other countries precisely because we need time to enhance the technological capacities of our vaccine manufacturing enterprises. This does not hinder vaccination in the Russian Federation,” he said.
Sputnik V is registered in Russia, Belarus, Argentina, Bolivia, Serbia, Algeria, Palestine, Venezuela, Paraguay, Turkmenistan, Hungary, UAE, Iran, Republic of Guinea, Tunisia, Armenia, Mexico, Nicaragua, Republika Srpska (an entity of Bosnia and Herzegovina), Lebanon, Myanmar, Pakistan, Mongolia, Bahrain, Montenegro, Saint Vincent and the Grenadines, Kazakhstan, Uzbekistan, Gabon, Ghana and San Marino.
On August 11, 2020, Russia became the first country to register a coronavirus vaccine named Sputnik V, developed by the Gamaleya Scientific Research Institute of Epidemiology and Microbiology.
According to the latest media reports, Moscow is not the only foreign player making inroads into Africa. French President Emmanuel Macron urged Europe and the United States to send, without much delay, enough Covid-19 vaccine doses to Africa to inoculate the continent’s healthcare workers or risk losing influence to Russia and China.
According to Macron, Europe and the United States could allocate up to 5% of their current vaccine supplies to developing countries in an effort to avoid an unprecedented acceleration of global inequality.
Addressing the Munich Security Conference in February after U.S. President Joe Biden and German Chancellor Angela Merkel, Macron pleaded for sending 13 million doses to Africa as a first step — enough to inoculate all its health workers, failure would mean Africa coming under justified pressure to buy doses from the Chinese and the Russians.
Ahead of the G7 meeting on February 19, Macron described the slow speed of Covid-19 vaccination campaigns in Africa as “intolerable” and blaming inequality between poor and rich countries for access to vaccines. “We must respond to this outrageous inequality,” Macron said, during a videoconference with Egypt’s President Abdul Fattah al-Sisi, Senegal’s President Macky Sall, South African President Cyril Ramaphosa, Congolese President Félix Tshisekedi and Comoros President Azali Assoumani.
The goal of the meeting was to identify “priority areas” and help bring African voices to talks planned between leaders of the G7 countries. “We are at a moment of truth if we want to act more effectively,” said Macron, adding that it was in the interest of the whole world to vaccinate people globally, otherwise the virus would continue to circulate, and different variants would emerge.
Increasing production capacities in Africa
He said production capacities in Africa needed to be increased, while transparency on vaccine pricing was needed, pointing to how some Western countries could buy vaccines more cheaply than African countries.
France is indeed part of the Covax facility, which acts as a global collective bargaining initiative to secure vaccine doses for countries who signed up, including those which are self-financing their purchases, as well as assistance from donors for poorer countries. The first vaccines purchased through Covax are destined to reach the African continent in February, with some 88.7 million doses of the AstraZeneca and Pfizer vaccines distributed to 47 countries by the first half of 2021.
Through bilateral relations, a number of African countries have had vaccine donations from the People’s Republic of China (PRC). China has already provided the Covid-19 vaccine, as donations, to Equatorial Guinea and Zimbabwe and will further help 19 African countries as part of its commitment to making vaccines global public goods, according to the Chinese Foreign Ministry.
Foreign Ministry spokesperson, Wang Wenbin, said on February 22 that China would also support enterprises to export Covid-19 vaccines to African nations that urgently need, recognize, and have authorized the emergency use of Chinese vaccines.
The aid is a clear manifestation of the China-Africa traditional friendship, he said, adding that China will continue to provide support and assistance within its capacity and in accordance with the needs of Africa. China welcomes and supports France and other European and American nations in providing vaccines to help Africa fight the pandemic.
African countries are ready to help each other fight the pandemic. Senegal is the first African country to donate vaccines to its neighbours as Dakar announced that it would give 10,000 doses each of its Chinese coronavirus vaccines to The Gambia and Guinea-Bissau. President Macky Sall confirmed the donation as a sign of solidarity.
Senegal received a vaccine consignment of 200,000 from China’s Sinopharm. The government said it paid a little over 2 billion CFA francs (US$3.74 million) for the doses to begin its campaign. Senegal says it is also in negotiations with Russia to purchase its Sputnik V vaccine. It aims to innoculate about 90% of a targeted 3.5 million people, including health workers and high-risk individuals between the ages of 19 and 60, by the end of 2021. The country’s population is about 16 million.
Senegal is eligible for the COVAX program, a WHO-backed program expected to deliver vaccines to those who need them most. During the virtual meeting of G7 leaders, the European Union announced it had donated a further 500 million euros to the COVAX program. According to the Senegalese Health Ministry, it expects 1.3 million doses by early March. It comes at no cost to the West African nation.
According to official reports, India is also joining the global players in Africa. India will make its first shipment of a locally made Covid-19 to the WHO-backed equitable vaccine distribution network COVAX. “In fulfilling our commitment to helping the world with Covid-19 vaccines, the supply of Made-in-India vaccine has commenced for Africa under COVAX facility,” Anurag Srivastava, spokesman for the Ministry of External Affairs, said on Twitter.
The World Health Organization this February paved the way for the Oxford University/AstraZeneca vaccine’s global rollout by approving emergency use of the product produced by the Serum Institute of India (SII), the world’s biggest vaccine maker, and SK Bioscience of South Korea. SII will also start producing the Novavax vaccine mainly for poor and middle-income countries.
India, the world’s biggest maker of vaccines, has shipped over 17 million vaccine doses to more than two dozen countries — including around 6 million as gifts to partners such as Bangladesh and Nepal. For its own campaign, New Delhi has so far only ordered 31 million doses.
The cost of vaccinating 60% of Africa’s 1.3 billion people would be between US$10 billion and US$15 billion, according to the Africa Centres for Disease Control. The continent has secured 36% of its vaccine needs, with 25% of the doses to come from the Covax initiative and 11% from a separate African Union program, Africa’s CDC said.
Africa really needs the developed world, as it has no vaccine of its own. It’s far behind the rest of the world in terms of acquisition and inoculations, with richer nations having secured the scarce shots early. Africa, however, remains resolute at ensuring the welfare of the entire population, while the African Union, regional blocs and individual governments make frantic efforts to acquire adequate vaccines through bilateral and multilateral agencies.
WHO has declared the coronavirus outbreak a pandemic since March 11, 2020. South Africa accounts for the biggest number of Africa’s coronavirus cases. Egypt and Morocco in the north have increasing rates of infection, and in countries such as Ethiopia, Nigeria and Kenya in Sub-Saharan Africa. The overall number of Covid-19 cases in Africa currently stands more than 3.8 million in late February, according to the World Health Organization’s (WHO) Regional Office for Africa.
This article first and originally published by InDepthNews.
World
Russian-Nigerian Economic Diplomacy: Ajeokuta Symbolises Russia’s Remarkable Achievement in 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:
- Structured financial support: Establishing state-backed credit lines, policy bank guarantees, and investment funds to reduce project risks.
- Incentive realignment: Identifying sectors where Russian expertise aligns with African needs, including energy, industrial technology, and infrastructure.
- 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.
World
Afreximbank Warns African Governments On Deep Split in Global Commodities
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.
World
Aduna, Comviva to Accelerate 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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