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Unlocking NIDO Africa’s Economic and Investment Potential for Nigeria’s Development

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Professor Jude Osakwe NIDO Africa

By Kestér Kenn Klomegâh

Over the past few years, Jude Osakwe, a Nigerian professor at the Namibian University of Science and Technology (NUST), Continental Chairman, Nigerians in Diaspora Organization (NIDO) Africa, has been working on various aspects of BRICS+ (Brazil, Russia, India, China and South Africa) collaborating with the Global South. Despite the huge noticeable differences in political systems, economic structures and cultural norms, Professor Osakwe unreservedly believes that this diversity can be a source of strength for aligning priorities and especially shaping economic interests for sustainable development. In 2024, for instance, Professor Osakwe presented papers at BRICS+ forums and conferences, organized in mid-March and in August, online BRICS+ discussions that highlighted Nigeria, together with African BRICS members (Ethiopia, Egypt and South Africa), their expected collective roles in the evolutionary development processes across Africa.

In addition, the members of BRICS+ are endowed with resources which, in terms of their level of geopolitical influence, have the potential capability and capacity to drive significant economic growth and development in the African region. However, the challenge is to get organized, hence the necessity to prioritizing dialogue among Nigerians in the Diaspora (NIDO) and its power dynamics, and build a stronger and more effective alliance that can positively impact the lives of millions of people in the Federal Republic of Nigeria, Africa and the Global South.

With the changing times, and shifting geopolitical situation, Professor Osakwe, in this insightful interview, argues that BRICS+ has the potential to drive significant economic growth and development across Africa. In this evolving process, he has further identified Nigeria in Diaspora throughout world, who can be uplifted to play an important role on the BRICS+ platform. The most essential factor here is the fact that Nigeria is currently in the “partner state” category awaiting to become a full-fledged member of BRICS+ in the near future. Here are the interview excerpts:

In practical terms, how would you characterize NIDO Africa in the context of the popular slogan “Africa We Want” as endorsed by the continental organization, the African Union (AU)?

In the context of the popular slogan “Africa We Want,” NIDO Africa can be characterized as a key organization working towards the vision of a united, integrated, and prosperous Africa. NIDO Africa brings together Nigerian professionals in the diaspora to contribute their skills, expertise, and resources to the development of Nigeria and Africa as a whole. This aligns with the African Union’s (AU) goal of fostering unity, solidarity, cohesion, and cooperation among African nations. NIDO Africa’s focus on promoting economic growth, trade, and investment across Africa reflects the AU’s commitment to creating a prosperous and self-reliant continent.

Does Nigeria, as a West African economic power, face similar challenges for integrating and uniting its nationals for development? How would you assess Nigeria’s economy today under President Bola Tinubu?

Nigeria, as a West African economic power, faces similar challenges to other African nations in terms of integrating and uniting its population for development. These challenges include political instability, corruption, inadequate infrastructure, and income inequality. Nigeria’s economy has been heavily reliant on oil exports, which has led to a lack of diversification and vulnerability to fluctuations in global oil prices. While there have been some efforts to diversify the economy and promote non-oil sectors, much work remains to be done to create sustainable and inclusive growth.

Judging from above, NIDO Africa is perhaps prioritizing economic sectors such as agriculture and industry, and increasing exports in the framework of AfCFTA. How and what approach do you envisage in creasing value-added exportable goods? Besides internal market, why external markets are important for NIDO Africa?

NIDO Africa’s focus on agriculture and industry, as well as increasing exports, aligns with the goals of the African Continental Free Trade Area (AfCFTA) to promote intra-African trade, industrialization, and economic diversification. To increase value-added exportable goods, NIDO Africa can prioritize the development of local industries and the promotion of innovation and technology. This can be achieved through partnerships with local and international organizations, the provision of training and capacity building, and the facilitation of access to finance and markets. External markets are important for NIDO Africa as they provide additional opportunities for trade and investment, as well as access to new technologies, knowledge, and expertise.

(A) To increase value-added exportable goods in the sectors of agriculture and industry, NIDO Africa could adopt the following approaches:

(i) Encourage innovation and research: NIDO Africa can invest in research and development to improve production processes, create new products, and enhance the quality of existing ones. This will not only increase the value of exportable goods but also make them more competitive in the global market.

(ii) Promote skills development and capacity building: NIDO Africa can collaborate with educational institutions and training centers to provide specialized training and skill development programs for workers in the agriculture and industry sectors. This will improve productivity, efficiency, and the overall quality of exportable goods.

(iii) Facilitate access to finance: NIDO Africa can work with financial institutions to create financing options for small and medium-sized enterprises (SMEs) in the agriculture and industry sectors. This will help them to scale up their operations, invest in new technologies, and expand their export capacity.

(iv) Foster partnerships and collaborations: NIDO Africa can encourage partnerships and collaborations between local businesses, international companies, and research institutions to share knowledge, resources, and expertise. This will create synergies that can lead to the development of innovative products and services that are competitive in the global market.

(v) Advocate for favourable policies and trade agreements: NIDO Africa can lobby for policies and trade agreements that support the growth and competitiveness of the agriculture and industry sectors. This includes advocating for the removal of trade barriers, the provision of tax incentives, and the establishment of special economic zones.

(B) External markets are important for NIDO Africa for several reasons:

(i) Diversification of markets: By expanding into external markets, NIDO Africa can reduce its dependence on a single market and minimize the risks associated with fluctuations in demand, supply, and prices.

(ii) Increased revenue: Exporting goods to external markets can generate additional revenue for businesses and contribute to the growth of the Nigerian economy.

(iii) Technological and knowledge transfer: Engaging in trade with other countries can facilitate the transfer of technology and knowledge, leading to the development of new products, processes, and services.

(iv) Enhanced competitiveness: Exporting to external markets can help businesses to improve their competitiveness by exposing them to new challenges and opportunities.

(v) Economic integration: Participating in the African Continental Free Trade Area (AfCFTA) can help to promote economic integration and cooperation among African countries, leading to the development of a more prosperous and stable continent.

Can you also discuss the economic advantages of Federal Republic of Nigeria, in the ‘partner state’ category of Brazil, Russia, India, China and South Africa (BRICS)?

Nigeria, as a member of the BRICS partner state category, can benefit from economic advantages such as access to a larger market, increased investment opportunities, and technology transfer. Nigeria can leverage its position to attract investment from BRICS countries in sectors such as infrastructure, energy, and agriculture. Additionally, Nigeria can benefit from the BRICS’ focus on promoting South-South cooperation and supporting the development of African countries.

NIDO Africa’s priority is to increase trade, most probably, to the United States. Does Nigeria support de-dollarizing U.S. currency? What is African Growth and Opportunity Act (AGOA) and its future prospects for NIDO Africa?

NIDO Africa’s priority to increase trade aligns with the goals of the African Growth and Opportunity Act (AGOA), which aims to promote economic growth and development in Africa by providing duty-free access to the US market for certain African exports. While Nigeria is a beneficiary of AGOA, there is potential for further expansion of trade relations between the two countries. De-dollarizing the US currency may not necessarily be a priority, as the US remains an important trading partner for Nigeria and Africa as a whole. However, diversifying trading partners and currencies can help to mitigate risks and promote economic resilience. The future prospects of AGOA for NIDO Africa will depend on the ability of both Nigeria and the US to maintain a strong and mutually beneficial trade relationship, as well as the continued commitment of the US to support African economic development.

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Online African Women Conference: From Adaptation in Russia to Issues of Health and Spirituality

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Online African Women Conference

By Kestér Kenn Klomegâh

Women, generally, are fighting for their own empowerment in society. Gender equality dominates their activities, flexing their feminine muscles for higher positions, with men, in diverse professional aspects, including politics and entrepreneurial spheres of activity.

Such consistent struggle was backed by a collective declaration, worldwide observing March 8 as International Women’s Day. Until today, March 8 commemorates women’s fight for equality and liberation along with the women’s rights movement. In addition, the March 8 celebration focuses on issues such as gender equality, reproductive rights, and violence and abuse against women.

On the eve of March 8, the Cameroonian Diaspora (Diaspocam) and the “African Business Club” together with Russian women’s organisations, held a special online conference under the theme: “How to Succeed as a Woman in Russia”, which brought together over a hundred participants from different regions, including Africa.

The discussion was dedicated to the challenges of adaptation, career prospects, health, and spiritual security of a fast-growing number of young African women living in the Russian Federation. The conference was moderated by Louis Gouend, a specialist in business communications between Russia and Africa, President of the African Business Club, and an expert of the Council of Russia-Africa Cooperation under the State Duma, lower chamber of Russian legislators.

Louis Gouend congratulated the women participants while extending to them good health, wisdom, and new achievements. The main goal of the conference was to create a space of trust and exchange views on the full spectrum of women’s multidisciplinary approach to questions.

On adaptation and legislation: Alina Andrukh, Director of the International Department, spoke on the topic “Global Adaptation of Foreign Citizens in Russia.” She thoroughly examined educational trajectories for women, employment opportunities, and new legislative realities that foreign women need to consider when building a career in the Russian Federation.

The speaker further placed special emphasis on how to avoid getting into trouble, complying with Russian laws, and protecting one’s rights.

Health Without Barriers and Support Centres: One of the most anticipated speeches was given by Ekaterina Glok, a midwife by profession. In her presentation on “The Health of an African Woman in Russia,” she touched upon the delicate topics of reproductive and sexual health. The expert gave practical advice on how to overcome the language barrier and shyness when visiting a gynaecologist, and explained the specifics of the Russian healthcare system for foreign patients.

Ekaterina, however, reminded the women of the importance of regular medical check-ups: visiting a doctor, at least, once a year is necessary even in the absence of complaints. She informed the participants about the existence of support centres for women and single mothers, where they can turn to in difficult life situations. Additionally, the speaker announced her upcoming working missions in the Republic of Cameroon, planned for May 2026, and gave many practical tips on maintaining women’s health.

Social and Cultural Challenges – Warning About Dangers: An important block of questions concerning safety and conscious motherhood was highlighted by Mme Zima épouse Ndong Toung Celestine Charlotte, Cultural Advisor at the Embassy of Cameroon. She had a frank conversation, warning the girls about scammers and dishonest individuals offering attractive working conditions, behind which often lie indecent earnings and dangerous situations.

The Advisor reminded that for those who came to Russia to study, education should remain their main priority. She urged lady students to be vigilant, not to give in to dubious offers, and to postpone questions of pregnancy and starting a family to a later period, after completing their studies. She touched upon the legal and moral aspects of unwanted pregnancy, calling on the girls to engage in conscious life planning.

Economic Independence and Earning Opportunities: Luciana Tchami, a member of the executive bureau of Diaspocam, a non-profit social organisation, presented a report on “Women’s Capabilities: Professions and Part-Time Jobs for Young Women in Russia.” She gave examples of successful strategies for earning money and building a career within the conditions of the Russian labour market that are accessible to foreign students and young professionals.

The speaker detailed specific areas of work: young women can take short-term training courses and work in beauty salons (manicure, pedicure); many cafes and restaurants offer convenient part-time jobs. Luciana also mentioned specialised websites with attractive conditions for job seekers and opportunities for remote work: becoming a freelancer and helping with tasks online, for online stores, and in other areas.

Spiritual Support: A Reminder of a Woman’s Value. The conference concluded with Pastor Gustave Mbeng, responsible for charity at Diaspocam. His prayer-speech was dedicated to women’s rights and spiritual awakening. As a pastor, Mbeng reminded the participants that woman is the last and most ideal creation of God, perfect in all parameters of the universe. He emphasised that women are more beautiful and harmonious than men, and urged the girls to take care of themselves and not to distance themselves from God, so that there would be fewer difficulties and questions in life.

Pastor Gustave further paid special attention to the theme of preserving life. He took a stand against abortion, reminding that every child is a creation of God, and in the eyes of the Almighty, there is no such concept as abortion. If pregnancy does occur, it is important to preserve the child’s life and trust in God’s providence.

Technical organisation, moderation, translation and coordination of the conference were provided by Iness Zengue Abeng, President of the Association of International Students “Russia-Africa,” and Belle-Grâce Euphrasie, Dean, who acted as interpreter during the online event.

Conclusion and Future Plans: At the end, Louis Gouend extended gratitude to all participants, speakers, and presenters for the warm and trusting atmosphere.

The conference was held in an open dialogue format on the”Yandex Telemost” platform, which allowed women from different parts of Russia to ask questions live and receive moral support. Following the meeting, the organisers decided to hold such an online gathering, including organising a series of meetings not only for women but also for foreigners living in Russia.

The topics of future conferences will aim at education, open discussions, and debate on issues important for Africans in the Russian Federation: knowing one’s rights, being able to avoid unpleasant situations, behaving correctly in difficult life circumstances, and preserving cultural and spiritual identity.

Until now, prejudice and reactionary attitudes have denied full-fledged civic rights to millions of women, who are considered as workers, mothers, family partners, and citizens worldwide. Nevertheless, International Women’s Day, with its chequered history, is a public holiday in several countries. The United Nations observes the holiday in connection with a particular issue, campaign, or theme in women’s rights across the world.

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Beijing Readies to Hand Over New ECOWAS Building Complex

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China-financed ECOWAS Building Complex Abuja

By Kestér Kenn Klomegâh

Beijing’s decades-long policy decision to expand Chinese presence in Africa has, largely, transcended into gifting buildings. The African Union and Africa’s CDC to Zimbabwe’s parliamentary village, Ghana’s Foreign Ministry headquarters, and Egypt’s sports stadium, among many others, are classic examples. Following all these, China will hand over the new headquarters of the Economic Community of West African States (ECOWAS) in mid-March 2026.

Since the turn of the 21st century, China has risen to become Africa’s geopolitical partner, addressing concrete infrastructural projects across the continent. As is well-known, Beijing does so, with the sole aim of spending thousands of dollars to gain strategic control of the continent’s critical resources.

In an official news release, the regional bloc’s president, Dr Omar Alieu Touray, said that the new headquarters complex in Abuja, Nigeria, which will house the Commission, Parliament, and Court of Justice of the Economic Community of West African States (ECOWAS), will be operational in March 2026.

Built on a 7-hectare site along the road to Abuja airport, the building is currently completed. Known as the ‘Eye of West Africa,’ the new ECOWAS headquarters complex is entirely funded and built by the People’s Republic of China through the China International Development Cooperation Agency (China Aid).

It is a modern and functional administrative building, designed to meet the needs of the West African organisation. It will provide services to create a favourable working environment for the community’s staff members. The new complex comprises a main administrative building with three restaurants/cafeterias, banking rooms, a crèche, a gym, and three blocks containing 899 workstations: block A (central) has 11 floors, and blocks B and C have eight floors each.

It also includes a multipurpose building with security facilities, shops, a water tank, and archive rooms, as well as car parks with a total capacity of 702 parking spaces, a 720-seat auditorium, two committee rooms, a conference room, an equipment room, guard posts, and a helipad.

The new ECOWAS headquarters complex is seen as a symbol of the strengthening cooperation between China and the regional organisation. It is part of a technical and institutional partnership aimed at further supporting ECOWAS’ operational capacities, as well as part of ongoing cooperation between the two parties.

Accordingly, the headquarters complex will enable greater operational efficiency, reduced costs, and increased staff productivity. ECOWAS has expressed deep gratitude and sincere appreciation to China for its commitment and support to the regional organisation through the construction, seen as a ‘symbol of Beijing’s steadfast commitment to West African integration.’

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Iranian Supreme Leader Ali Khamenei Dies After Air Strikes

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Ayatollah Ali Khamenei

By Dipo Olowookere

Iranian Supreme Leader, Mr Ayatollah Ali Khamenei, has died after coordinated airstrikes carried out by the United States and Israel on Tehran on Saturday morning.

His death was confirmed on Sunday morning by Iranian state media, which also disclosed that his daughter and grandchild were among those killed in the bombardment, which destroyed his compound.

Mr Khamenei was killed during a meeting with top leaders of the Middle East country yesterday, including the Defence Minister Amir Nasirzadeh and Revolutionary Guard commander Mohammad Pakpour, who reportedly died too.

His elimination has sparked mixed reactions, with some Iranians on the streets celebrating his demise, and others condemning the joint air strikes.

The President of the United States, Mr Donald Trump, described the late Iranian leader as “one of the most evil people in history,” expressing satisfaction at the action, which he said was “successful,” as it represented justice for both Iranians and Americans.

Meanwhile, Tehran has vowed to further respond to the attacks after initially firing missiles at six neighbours, including Qatar, Saudi Arabia, Kuwait, UAE, Bahrain, and Jordan.

Flight operations in the region have been disrupted because of the retaliatory action of Iran over the weekend, though most of the missiles were intercepted.

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