World
Valdai Forum In Tanzania: African Expert On Dynamics And Perspectives Of Russian-African Relations
By Kestér Kenn Klomegâh
The second Russian-African conference of the Valdai Club Foundation was held on July 24 in Dar es Salaam, Tanzania in East Africa. Held under the theme: “Russia – Africa: Strategy for Cooperation in a Multipolar World,” the conference gathered more than 40 experts from Russia and Africa. Its primary aim was to identify new tasks for the research activities on African topics, the areas of substantive cooperation and aspects of new partnership.
The Valdai Club’s pre-conference report underscored the fact that already a year after the St. Petersburg summit, “a confidential and frank expert dialogue seems appropriate in promoting mutual cooperation and effectively implementing the tasks set at the summit.” Reminder: St. Petersburg summit declared ‘Action Plan 2023-2026’ within which to implement those several agreements signed.
In this insightful policy interview, Mikatekiso Kubayi, Researcher at the Institute for Global Dialogue associated with UNISA, Research Fellow: Institute for Pan African Thought and Conversation, Doctoral Candidate, Political Studies, University of Johannesburg, after the 2nd Russian-African conference in Tanzania, offers his expert thoughts and, further discusses the results, expectations and aspects of the challenges that starkly remain in the Russian-African relations. Here are the interview excerpts:
As one of the participating experts, what were some of the most significant questions raised during the July 24th roundtable discussions held in Dar es Salaam, on Russia and Africa?
There were many interesting and important questions. Chief among them were questions on the exact priority areas for African development, technical capacity and development, Financing, and Trade. The roundtable sought to find and even innovate opportunities for collaboration and how to improve mutual gain from each other’s competitive advantage. This was at both bilateral and multilateral levels.
Why Russia’s efforts to regain its economic influence have achieved little tangible (visible) success, why is soft power softer than in Soviet days?
The question is, ‘What would constitute visible success?’. The history of Russia’s engagement with Africa is well recorded. The development of global trade and the politics of global finance is also well-recorded. Africa’s challenges have been and continue to occupy high priority in the global discourse on global reforms, debt and its stifling servicing costs, and so on. Would a visible success constitute Africa’s overnight transformation into the Africa we want? Perhaps the focus should be on Africa’s interest in genuine development partnerships rather than be ‘influenced.’ That is what the relationship is about.
In your expert view, Russia’s economic power, its global status and its staunch membership of the ‘informal association’ – BRICS, how did the Dar es Salaam gathering assess its current investment and business engagement with Africa?Russia is keen to participate in areas that African partners identify as a priority. Technology, Agriculture, Energy, Education, and Health are priority areas. Opportunities for joint efforts, such as in R&D and other collaborative efforts, are explored.
What were some of the setbacks and obstacles identified? Did the gathering also map out strategic pathways to enhance engagement in the economic sectors in Africa?
I believe this was the first roundtable organized in Africa by Valdai in this format and on this issue. The first step has been to engage and explore what has not been done and what can be done. These are two economies with limited financial resources yet many human (intellectual) and natural resources endowments; notwithstanding sanctions and developmental challenges, there was a shortage of joint exploration of priority areas of cooperation, coupled with consistent effort.
We’ve been talking about economic diplomacy between Russia and Africa. And it’s also important to look at the relations as a two-way street. Could you please explain possible reasons why African economic presence is extremely low, compared to Asian countries, in the Russian Federation?
One could argue that its limited presence in the Russian Federation mirrors its development, levels of trade, and other areas that are accepted as needing improvement. The Asian continent has India, China, Singapore, Indonesia, Malaysia, and other economies that have gone through massive development spurts and can leverage particular competitive advantages gained. Africa will also get there.
How do you see the future pathways? What would you finally say about the results of the Valdai’s conference in Dar es Salaam, under the theme: Russia – Africa: Strategy for Cooperation in a Multipolar World?
A lot was identified as actionable areas. These areas will be carried forward as policy recommendations, material for track one diplomacy to take forward and for track two diplomacy to research and develop further in areas such as the application of technology in both regional and national value chains, investments in domestic production according to identified priority and strategic areas, joint efforts such as in research and development.
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.
-
Feature/OPED6 years agoDavos was Different this year
-
Travel/Tourism10 years ago
Lagos Seals Western Lodge Hotel In Ikorodu
-
Showbiz3 years agoEstranged Lover Releases Videos of Empress Njamah Bathing
-
Banking8 years agoSort Codes of GTBank Branches in Nigeria
-
Economy3 years agoSubsidy Removal: CNG at N130 Per Litre Cheaper Than Petrol—IPMAN
-
Banking3 years agoSort Codes of UBA Branches in Nigeria
-
Banking3 years agoFirst Bank Announces Planned Downtime
-
Sports3 years agoHighest Paid Nigerian Footballer – How Much Do Nigerian Footballers Earn