World
Ukraine, Africa to Bolster Economic Cooperation
By Kestér Kenn Klomegâh
Despite the former Soviet republic of Ukraine, for almost a year, is experiencing the worst times due to an extensive special military operation from its neighbour Russia, it has simultaneously been stepping up efforts to support Africa. During the past year, it despatched tonnes of fertilizers, wheat, grains and other agricultural products to a number of African countries, most of them located in the Horn and East Africa.
In order to boost its efforts in establishing cordial working relations, especially in the area of economic cooperation, Ukrainian Foreign Ministry Dmitry Kuleba last year visited a number of African countries, held useful conversations with high-powered government officials, and plans to open diplomatic representative offices this year inside Africa. It also plans to boost exports and participate in taking up opportunities for manufacturing offered by the single continental market.
The overarching message in all these is to focus on engaging and expanding the expected long-term partnership and collaboratively establishing trade links. For connecting business interests between Ukraine and Africa, Ukrainians are rapidly studying more possibilities for participating in the African Continental Free Trade Area, which was already agreed on, in the process, with a number of African leaders and the African Union.
In early January, Ukrainian Agrarian Policy and Food Minister Nikolai Solsky visited Senegal, where he signed a memorandum of understanding between the Ukrainian ministry and the relevant Senegalese agency on January 9, the Agrarian Policy and Food Ministry website.
The document envisions the development of bilateral trade in agricultural produce and cooperation on scientific studies, investments, and interrelations between Ukrainian and Senegalese government agencies and private companies. It provides for the possible storage of Ukrainian grain at so-called grain hubs. Ukraine is willing to export not only foodstuffs but also other goods to African countries, which requires the development of logistical infrastructure.
The official document points out that Ukraine is considering the implementation of new logistical projects in Senegal to step up exports of its agricultural produce via the Port of Dakar. The west African republic of Ghana plans to implement new logistics projects, which will help increase agricultural exports from Ukraine. Ukrainian Agrarian Policy and Food Minister Nikolai Solsky and Ghana’s Minister of Food and Agriculture, Owusu Afriyie Akot, have thoroughly discussed steps to broaden agricultural cooperation and trade relations.
The parties discussed a potential joint project, a logistics hub that will be able to store food products, including grain, and will help stabilize food prices in the region. Besides Ghana and Senegal, Nigeria has also expressed high interest in setting up such hubs in its territory. The current geopolitical situation should rather have a reliable and diversified transit and transport infrastructure to destinations where it is badly needed, especially naturally disaster-affected regions in Africa.
“There have been meetings in Ghana, Senegal, and Nigeria. These countries regularly take a lot of food products, especially wheat. These are major markets from the standpoint of their populations compared to the European market or many other countries. It doesn’t have much purchasing power, but it is big and is developing, and therefore, it needs to be monitored,” Ukrainian media quoted Solsky as saying.
Solsky said each country he had visited was interested in developing cooperation with Ukraine and ready to expand the capacity of their ports to increase the volume of Ukrainian grain unloaded and stored there. But, before launching the construction of hubs in Africa to transship Ukrainian grain, Ukraine needs to receive guarantees from the countries concerned, including documenting the guarantees and the principles of operating them either by Ukraine, or whether it will be a state company, and how private traders will be involved in this cooperation.
Solsky said that his ministry would provide more information about infrastructure projects in mid-spring 2023, as in the coming months, it would have to hold additional consultations with the authorities of African countries and businesses interested in Ukrainian grain exports to Africa.
Within the framework of the roadmap, it has launched its development projects, including constructing facilities for the storage of agricultural foodstuffs and for onward distribution throughout some regional markets to offset food shortages in Africa. Ukraine, however, insists that the food and fertilizer trade should not be subjected to sanctions or any restrictions.
According to several reports carefully monitored by this author, President Volodymyr Zelensky held 18 conversations with African leaders in 2022, nine of which were the first instances of bilateral communication between Ukraine and these African countries. Ukrainian Foreign Ministry listed some of them, such as Ghana, Guinea-Bissau, Democratic Republic of Congo, Zambia, Ivory Coast, Malawi, Mozambique, Niger, and Botswana.
President of Guinea-Bissau and Chairperson-in-Office of the Economic Community of West Africa Umaro Embalo visited Ukraine in October 2022. It was the first official visit by a leader of a sub-Saharan African state since 2004, according to the Ukrainian Foreign Ministry.
Ukrainian Foreign Ministry Dmitry Kuleba, for his part, held 35 phone calls and meetings with his counterparts from African countries in 2022, the ministry said. The first-ever African tour by a Ukrainian foreign minister took place in October 2022. The report indicated that Minister Kuleba visited Senegal, Ivory Coast, Ghana, and Kenya.
Ukraine’s Special Representative for the Middle East and Africa, Maxim Subkh, appointed in July 2022, also visited five African countries. Within this emerging multipolar world, Ukraine is broadening its geopolitical influence, and of course, it is important for Ukraine to fix its diplomatic presence on the continent to an appreciable level necessary for active interaction, in a continuous and efficient manner, with Africa. It has official representation, an observer status, at the African Union.
Arriving back in Kyiv after his visit to Washington in December, President Volodymyr Zelensky, in a video address, announced that Ukraine would open 10 new embassies in African countries.
“We are rebooting relationships with dozens of countries in Africa. We must strengthen this as we have already determined ten countries where new Ukrainian embassies in Africa will be opened. We have also developed a concept of the Ukraine-Africa Trade House. Its offices will open in the capitals of the most promising countries of the continent,” he said.
President Zelenskiy considers Africa as a unique and dynamically developing continent with whom to have relations. In addition, these countries are steadily gaining political weight and achieving significant economic successes, it, therefore, becomes necessary to look for more new partners, eventually targeting African countries.
The Chairman of the African Union and President of Senegal, Macky Sall, together with the Chairperson of the African Union Commission, Moussa Faki Mahamat, visited Moscow and Kyiv in an attempt to mediate the conflict, but without any result in sight.
“We do not want to be aligned on this conflict, very clearly, we want peace. Even though we condemn the invasion, we’re working for a de-escalation, we’re working for a ceasefire, for dialogue … that is the African position,” Senegalese Macky Sall said back in May 2022.
Meanwhile, Africa is still divided over the crisis between Russia and Ukraine, the crisis that has caused global economic instability since February 24, 2022. The African Union (AU) and African leaders understand aspects of the geopolitical complexities, implications and possible solutions to the existing conflict between Russia and Ukraine.
By Kestér Kenn Klomegâh
Today, boosted by the Kremlin’s diplomatic push and support from the Ministry of Foreign Affairs’ Department of Partnership, Russian companies are moving with multitude of development projects and corporate entrepreneurial investments into Africa. St. Petersburg summit has also charted the roadmap cum well-designed strategies for boosting the entire bilateral economic cooperation with the continent whose endowed resources include the huge human capital.
The geography of Russia-African economic cooperation is steadily expanding. As previously reported, the Russian Industry and Trade Ministry, since the beginning of 2025, approximately 150 Russian companies have moved into Africa. And with Africa, ready to engage in priority partnerships, the Russian registered company called A7 African Cargo Lines LLC (A7 ACL, Moscow) has started its logistics and shipping services to West Africa. According to the Unified State Register of Legal Entities, A7 African Cargo Lines LLC (A7 ACL, Moscow), was registered on April 17, and has its primary activity listed as railway freight transportation.
“We intend to operate in West Africa,” the Board Chairman Andrei Severilov, told Interfax regarding the company’s establishment. “At the first stage, with the assistance of the Russian trade mission in Nigeria, we are implementing a project to establish a direct shipping line,” Severilov said. According to the news report, the launch of a maritime route between Novorossiysk and Nigeria’s port of Lagos is planned for mid-June, with two container ships chartered for the line’s inauguration, each with a capacity of 700 twenty-foot equivalent units (TEU). Future plans also include establishing maritime connections with Senegal (Dakar port).
Severilov previously owned a 23.8% stake in PJSC Far Eastern Shipping Company (FESCO, the parent company of FESCO Transportation Group). In September 2024, Severilov announced his intention to re-enter the transportation business and established the asset management company A7 African Cargo Lines LLC (A7 ACL, Moscow), with a focus on Africa and primarily targeting to get substantive returns, in terms of, profits. It’s unique decision to take up logistics connecting Africa’s transport market is poised for significant trade growth, by transporting goods across the region and for exports to Europe.
By building a new shipping line that would connect the West Africa, first through Nigeria promises raising trade. Nigeria is Africa’s most populous nation and its largest economy. Nigeria is a key member of the African Continental Free Trade Area (AfCFTA), which is fostering intra-African trade and economic integration. In addition to above factors, Russian companies are showing increased interest in Nigeria, for example in reviving the countries largest steel plant. There is also interest in investing in Nigeria’s energy sector.
Undoubtedly, establishing A7 African Cargo Lines LLC (A7 ACL, Moscow) could be an explicit opportunity for promoting trade by its logistics infrastructure. Reports indicate that Russia’s exports to Nigeria currently amount to about $1.51 billion, mainly consisting of refined petroleum, wheat, and malt, while Nigeria exports a small amount to Russia, primarily cut flowers, other oily seeds, and nuts.
Further to that, the overall Africa’s trade statistics at the end 2024, soared to a record of $24.5 billion from the previous figure, approximate $20 billion that came up during the special panel discussions in 2023 when the second Russia-Africa summit was held in St. Petersburg, the second largest city in the Russian Federation.
By the next Russia-Africa summit slated for 2026, with high anticipation of more Russian enterprises dominating the African landscape, in spite of the existing complexities and challenges would extend or broaden the sphere of economic influence in the context of geopolitical power shifts being capitulated by the Western powers and President Donald Trump of the United States.
By Adedapo Adesanya
The leadership of the Catholic church should announce a successor to the late Pope Francis on May 7.
A new Pope will be elected via a conclave, which involves a secret voting system.
This was initially supposed to hold on May 5 but was delayed for two days to help the cardinal electors get to know one another better and find consensus on a candidate before they are sequestered in the Sistine Chapel.
The cardinals set the date after arriving for the first day of informal meetings following Pope Francis’ funeral on Saturday.
The College of Cardinals that will elect a new pope includes members from far-flung corners of the globe whom Pope Francis named over his 12-year papacy to bring in new points of views of the Catholic Church hierarchy.
According to reports, 135 cardinal electors — 108 of whom were appointed by the late Pope Francis — don’t know each other very well.
The last 20 were appointed in early December.
Only cardinals under 80 are eligible to vote, and it is not clear how many of the 135 will participate.
Who Could Be The Next Pope?
Some candidates have emerged and Business Post has gathered from several sources of the possible candidates that could emerge as the new Pope.
Italian Cardinal Pietro Parolin, the Vatican’s Secretary of State, is recognized for his diplomatic skills and is viewed as a moderate who could continue Pope Francis’ policies, although his involvement in a €200 million investment scandal may affect his candidacy.
Cardinal Matteo Zuppi, also from Italy, serves as the Archbishop of Bologna and is known for his focus on inclusivity and social justice, aligning closely with Francis’ pastoral approach.
Cardinal Pierbattista Pizzaballa, the Latin Patriarch of Jerusalem, has demonstrated a commitment to interfaith dialogue and peace efforts in the Middle East, and his selection would make him the youngest pope since John Paul II.
From the Philippines, Cardinal Luis Antonio Tagle is considered a rising star within the Church, known for his humility and compassionate outreach, particularly towards marginalized communities.
Cardinal Robert Sarah of Guinea is a prominent conservative voice, advocating for traditional Catholic teachings and liturgical practices, appealing to those seeking a return to doctrinal orthodoxy.
Hungarian Cardinal Péter Erdő is another leading conservative candidate, noted for his strong doctrinal stance and experience within the Church’s hierarchy.
Swedish Cardinal Anders Arborelius, the Bishop of Stockholm, is the first cardinal from Scandinavia and is known for his ecumenical efforts and commitment to dialogue within the Church.
Cardinal Fridolin Ambongo Besungu of the Democratic Republic of the Congo is an outspoken critic of liberal teachings within the Church, representing a conservative perspective from the Global South.
Dutch Cardinal Wim Eijk, a former medical doctor, is known for his conservative views, particularly on issues related to marriage and family, and his opposition to Pope Francis’ liberal approach.
By Adedapo Adesanya
Pope Francis has died at the age of 88 after battling illness in the last couple of months.
The Vatican announced his demise on Monday morning, a day after Easter.
The pontiff, who was Bishop of Rome and head of the Catholic Church, became pope in 2013 after his predecessor, Benedict XVI resigned.
His death was announced by Cardinal Kevin Farrell in a statement released by the Vatican.
He said: “Dearest brothers and sisters, with deep sorrow I must announce the death of our Holy Father Francis.
“At 7.35am this morning, the Bishop of Rome, Francis, returned to the house of the Father. His entire life was dedicated to the service of the Lord and His Church.
“He taught us to live the values of the Gospel with fidelity, courage and universal love, especially in favour of the poorest and most marginalised.
“With immense gratitude for his example as a true disciple of the Lord Jesus, we commend the soul of Pope Francis to the infinite merciful love of the One and Triune God.”
The process for choosing a new pope – conclave – generally takes place between 15 and 20 days after the death of a pontiff.
Cardinals from around the world will gather in the Vatican and choose the new leader of the Catholic church.
-
Feature/OPED5 years agoDavos was Different this year
-
Travel/Tourism9 years ago
Lagos Seals Western Lodge Hotel In Ikorodu
-
Showbiz2 years agoEstranged Lover Releases Videos of Empress Njamah Bathing
-
Banking7 years agoSort Codes of GTBank Branches in Nigeria
-
Economy2 years agoSubsidy Removal: CNG at N130 Per Litre Cheaper Than Petrol—IPMAN
-
Banking2 years agoFirst Bank Announces Planned Downtime
-
Sports2 years agoHighest Paid Nigerian Footballer – How Much Do Nigerian Footballers Earn
-
Technology4 years agoHow To Link Your MTN, Airtel, Glo, 9mobile Lines to NIN