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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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Essent Slashes Contact Centre Technology Costs by 50%

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Essent Energy provider

By Modupe Gbadeyanka

The Netherlands’ largest energy provider, Essent, has cut the technology costs of its contact centre infrastructure by half.

The organisation, which serves 2.5 million customers, recorded zero critical incidents post-migration and improved agent workplace satisfaction by 36 per cent.

The migration was delivered in partnership with AI-first customer experience transformation specialists, Sabio Group, and was completed in under 12 weeks for an operation spanning over 1,000 agents across two locations.

Agents were forced to juggle multiple disconnected screens simultaneously — a workflow that was as inefficient as it was stressful.

“Our agents were constantly working with different screens — multiple chat instances open at once, multiple agent desktop instances. It was messy, and in some cases, quite stressful,” SAFe Product Manager for Customer Interaction, Omnichannel and Digital Transformation at Essent, Michiel Kouijzer, stated.

“A lot of colleagues were saying I was mad for even suggesting this approach. It kind of feels like a victory on a personal level that it did work out. You just have to be a little ambitious — and have the right expert partner who can make it work,” Kouijzer added.

With stable cloud infrastructure now firmly in place, Essent is turning its attention to the capabilities that were impossible in its legacy environment: AI-powered call summarisation, agentic customer self-service, and next-generation workforce optimisation.

Rather than a reckless ‘big bang’ cutover that could have affected service to millions of households, Sabio engineered a phased migration strategy — beginning with Essent’s SME segment to validate technical readiness before scaling to the full enterprise operation.

“This project showcases Sabio’s unique position in the contact centre technology landscape. We’re not just moving Essent to the cloud — we’re establishing a foundation for continuous improvement in their customer experience delivery,” the Country Manager for Sabio Group Benelux, Wouter Bakker, commented.

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Africa: A New Market for Russian Business

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New Market for Russian Business

By Kestér Kenn Klomegâh

On April 11, the presentation of the book “Africa: a new market for Russian business” took place, which aroused lively diverse interests among business representatives, entrepreneurs and employees of federal structures of Russia. The event was dedicated to discussing the prospects of Russian companies entering the African market and became a platform for the exchange of views and experiences.

Participating guests, packed in the small hall, included:

– representatives of business circles,

– entrepreneurs interested in new directions of development,

– employees of federal agencies curating foreign economic activity.

The presentation was held in a constructive and friendly atmosphere. The author of the book, Serge Fokas Odunlami, detailed the key ideas and conclusions presented in the publication. Particular attention was paid to the practical aspects of operating in the African market, as well as the analysis of opportunities and risks for Russian companies.

During the lively discussion, participants asked questions, shared their experiences and made suggestions for developing cooperation with African countries. This format allowed not only to get acquainted with the content of the book, but also to discuss topical issues of expanding business relations.

Meaning of the book: The publication, “Africa: a new market for Russian business” offers readers not only analytical, but also practical recommendations on investment and market trends, and how to enter the African market. The book will be a useful tool for those considering Africa as a promising destination for investment and business development.

The presentation of the book became a significant event for the Russian business community interested in expanding cooperation with Africa. Serge Fokas Odunlami introduced the participants to the new edition, which is a comprehensive business guide that gives an impetus for dialogue and implementation of joint entrepreneurial projects and corporate initiatives across Africa.

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Ryan Collyer Reveals Reasons Behind Africa’s Significant Energy Deficit

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Ryan Collyer Rosatom CEO

By Kestér Kenn Klomegâh

Perhaps Russia’s state nuclear corporation, Rosatom, is at the frontline, shaping Africa’s energy security. And African countries are also accelerating coordinated efforts to build nuclear power plants primarily to supply their energy, which will drive industrialisation and boost power capacity for domestic utilisation.

Energy experts say adopting nuclear can further support a diverse energy mix, reduce reliance on fossil fuels, and help across the continent. Over the past two decades, Russia has been collaborating with African countries, adopting energy initiatives to provide power to approximately half the continent’s population, and making it an important component of Africa’s future energy strategy and solutions. At this point, however, it is necessary to underline the irreversible fact that Russia’s ultimate goal is to ensure long-term African energy security.

In this interview, Rosatom’s Chief Executive Director for Central and Southern Africa, Ryan Collyer, reiterates the strategic importance of Russia-Africa’s energy cooperation through strengthening bilateral agreements on collaboration on the peaceful use of nuclear energy. Collyer explains that the Russian approach is its ability to offer an integrated solution, from technology and financing to training and localisation. According to him, partnerships must be built on mutual benefit and on the principle of transparency. Here follows the interview excerpts:

What are the expectations, specifically in the nuclear energy sphere, for Africa during the forthcoming Russia–Africa Summit scheduled for 2026?

The expectation is a clear shift from dialogue to delivery. Over the past few years, we have built a strong foundation through agreements, feasibility discussions and partnerships. The 2026 Russia–Africa Summit is an opportunity to demonstrate tangible progress.

In practical terms, I would expect greater focus on implementation readiness. That includes regulatory development, human capital, financing models and localisation strategies. We also expect to see more structured cooperation in areas like small modular reactors, which are particularly relevant for many African grids, as well as stronger emphasis on education and training partnerships. Ultimately, the success of the Summit will be measured by how many initiatives move from concept to execution.

Why, despite many bilateral agreements, is Africa still experiencing a significant energy deficit?

Africa’s energy deficit is not a result of a lack of ambition or agreements. It is primarily a question of scale, financing and infrastructure readiness. Energy projects, especially large-scale ones, require long-term investment, stable policy frameworks and strong institutional capacity. Many countries are working under fiscal constraints, and at the same time, demand is growing rapidly due to population growth and urbanisation. So, even when progress is made, it can be outpaced by rising demand.

It is also important to understand that many agreements are not meant to deliver immediate infrastructure. They are part of a longer preparation cycle, including feasibility studies, regulatory development and workforce training. Nuclear projects in particular are long-term by nature, and while this can be perceived as slow progress, it is actually a reflection of the level of diligence required.

How do you assess the contribution of nuclear energy to climate change mitigation and technological development in Africa?

Nuclear energy plays a dual role in Africa’s development, both as a clean energy source and as a driver of technological advancement. From a climate perspective, nuclear provides reliable, low-carbon electricity at scale. Africa needs a significant expansion of its energy capacity to support economic growth, and this growth must be both stable and sustainable.

Nuclear allows countries to increase power generation without increasing emissions, while ensuring a consistent baseload supply. At the same time, its impact goes beyond electricity. Nuclear technologies support medicine, agriculture, water management and industrial processes. Across Africa, they are already used in areas such as cancer treatment, food preservation and environmental monitoring, making nuclear a broader platform for sustainable development.

In this context, Rosatom offers integrated solutions across the full nuclear value chain. This includes large-scale and small modular reactors, as well as advanced non-power applications such as nuclear medicine and irradiation technologies. Our focus is on delivering practical, tailored solutions that support long-term development and local capacity building.

Is Africa unprepared to deal with nuclear waste, as some critics suggest?

I would say that preparedness varies across countries, but it would be inaccurate to suggest that the issue is being ignored. Responsible nuclear programmes require a comprehensive approach to waste management from the very beginning. This includes legal frameworks, regulatory oversight, storage solutions and long-term planning. These elements are part of international best practice and are supported by organisations such as the IAEA. What is true is that this topic is often undercommunicated in the public space. It should be discussed more openly, because transparency builds trust.

Countries that are serious about nuclear energy understand that waste management is not optional. It is a core component of the programme, and it is addressed in parallel with all other aspects of development. Rosatom offers comprehensive solutions for spent fuel and radioactive waste management. These include technologies for safe storage, transportation, reprocessing and recycling of nuclear materials. In fact, advanced reprocessing solutions allow for the reuse of valuable components of spent fuel, significantly reducing the volume of waste and improving the overall sustainability of the nuclear cycle.

Nuclear power remains controversial. Why do you believe it is important for Africa, and what role does it play in the energy mix?

Africa needs a balanced and pragmatic energy strategy. The conversation should not be about choosing one technology over another, but about building an energy mix that is reliable, affordable and sustainable. Renewables will play a critical role and are already expanding rapidly. However, they are variable by nature. For industrialisation, countries also need stable, continuous power that is baseload. This is where nuclear can make a meaningful contribution. A diversified energy mix that includes renewables, nuclear, hydropower and other sources allows countries to reduce risk, improve energy security and support long-term economic growth.

Nuclear is not the only solution, but it is an important part of a resilient system, especially for countries with growing industrial ambitions. In this context, Rosatom is able to support countries with integrated energy solutions that combine reliability, sustainability and long-term partnership models, tailored to national development priorities.

How can we shift public perception, given the legacy of Chornobyl and Fukushima?

We cannot rewrite history, and we should not try to. Events like Chornobyl and Fukushima shaped public perception for a reason. The starting point is respect for those concerns, not dismissal. At the same time, what is often missing in the conversation is what happened after those events. Chornobyl, in particular, fundamentally reshaped the entire philosophy of nuclear safety. It led to a complete rethinking of reactor design, emergency response, and regulatory oversight. Independent regulators were strengthened, safety responsibilities were clearly separated from operators, and safety culture became not just a principle but a legal requirement supported by continuous drills and probabilistic risk assessments.

Technologically, the industry also changed dramatically. Modern reactors are designed to withstand even worst-case scenarios, with multi-layered “defence-in-depth” systems, core melt traps, and passive safety mechanisms that rely on natural physical processes rather than human intervention. These are not incremental improvements. They are the direct result of lessons learned at a very high cost. But facts alone do not change perception. People do not build trust through reports. They build it through experience and transparency. That is why our approach in Africa is deliberately open.

We create opportunities for students, young professionals and journalists to visit nuclear facilities, research centres and training programmes. When people can see how systems operate, how safety is managed, and how seriously it is taken, the conversation becomes more grounded and less abstract. There is also an important human dimension that is often overlooked.

The history of Chornobyl is not only a story of tragedy. It is also a story of professionalism, responsibility and the people who managed the crisis and generated the knowledge that made today’s safety standards possible. Acknowledging that the full picture helps move the discussion away from fear alone toward understanding. At the same time, we need to broaden the narrative. Nuclear is not only about power generation. It is about cancer treatment, food security, water management and high-skilled employment. When communities begin to connect nuclear technology with real benefits in their own lives, it stops being an abstract risk and starts becoming a practical solution. Ultimately, perception does not change through persuasion. It changes through consistency. Through transparency, long-term engagement, and real-world impact.

What are your final thoughts on Russia’s preparedness to support Africa’s nuclear ambitions?

Russia has demonstrated that it is committed to long-term partnerships in Africa, particularly in the nuclear sector. We are already seeing concrete examples of cooperation in areas such as project development, education and skills transfer. The key strength of the Russian approach is its ability to offer an integrated solution, from technology and financing to training and localisation. Partnerships must be built on mutual benefit and transparency. Africa’s priorities are clear: energy security, economic development and local capacity building. Any partner that is ready to contribute to these goals consistently and practically will have a meaningful role to play. If we look country by country, the picture becomes even more interesting.

Take Ethiopia. This is a country thinking long-term about energy security and industrialisation. It has strong hydropower, but also understands the need to diversify. Ethiopia is prepared to take a big step towards nuclear energy. In Rwanda, the approach is different. It is focused on innovation and speed. There is a strong interest in small and flexible nuclear technologies, alongside active use of nuclear science in healthcare and agriculture. What stands out is the clarity of vision and pace of implementation.

Then, there is Namibia. As a major uranium producer, the question is how to move up the value chain. Partnerships can help connect resources to technology, skills and future energy applications. So, Russia’s role is not one-size-fits-all.

The real strength lies in adapting to each country’s strategy. If that continues, nuclear cooperation becomes not just about energy, but about shaping long-term technological development. Rosatom is one of the few global players capable of delivering the entire nuclear value chain. This includes reactor technologies, fuel supply, waste management solutions, including reprocessing, as well as long-term operational support and human capital development. This comprehensive capability is what allows us to move projects from concept to reality in a structured and sustainable way.

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