World
West Attempting to Maintain Neocolonial Empire in Africa—Russia
By Kestér Kenn Klomegâh
Mikhail Bogdanov, Deputy Minister of Foreign Affairs of the Russian Federation; Special Presidential Representative for the Middle East and Africa, has offered excellent directions into Russia’s policy implementation in Africa within the context of the emerging new world order.
The changing geopolitical situation is often discussed in relation to Africa, officials always attempt to point out what and how Africa should play its role, especially in dealing with external partners.
Russia and China are building a relationship of fair competition in Africa, Bogdanov said in an interview in late February with TASS, adding that Moscow and Beijing do not share the approaches of former Western colonial powers. That said, the Russian side has something to offer to African partners in the economic sense now.
“The policy of Russia, same as China, which is Africa’s time-tested partner, is pragmatic and naturally based on the balance of national interests. We are building an equitable relationship, being respectful of the sovereignty of foreign countries and their integral right to determine their domestic and international policy. Meanwhile, fair competition is always relevant. This is what makes Russia’s fundamental approaches different from those of former Western colonial powers,” he noted.
He says the issue is not about the West’s attention to the continent that has intensified recently but about desperate attempts by the collective West to maintain its neocolonial empire.
“Today, especially after Russia and the West came to a parting of the ways through no fault of ours, Western countries are facing an urgent necessity to replenish essential resources that have been lost, for supporting their industry and for economic development and, if possible, with minimum expenses.
“Their goal in Africa now is to solve existentialist issues, so to say. It can be seen in the tools they use, mostly ‘unsportsmanlike’, including ‘laws’ restricting Russia’s activities in Africa, sanctions, stop lists, threats, blackmail,” he said.
Writing under the title “Russia’s Policy Towards Africa” back in September 2019, Institute of African Studies researcher Olga Kulkova explicitly explained that Russia has greatly strengthened its presence in Africa over the past few years. It has signed new agreements with several countries there, including cooperation in the field of military technology, security and counterterrorism.
On the positive side, this has reinforced Russia’s traditionally friendly ties with its African partners, after its sudden withdrawal from Africa in the early 1990s, which was, indeed, a strategic blunder. But, Russian authorities have become fully aware of these primary policy mistakes. Now is the time to revitalize and rebuild the old ties, and also important to forge new ones. Russia’s policy towards Africa can be described as unique, but it has fewer financial and economic opportunities for implementing its policy on the continent compared to that of China.
Last February, writing under the title “What Africa Expects From Russia”, Valdai Club expert Nourhan ElSheikh clearly noted that the Russian-African partnership is the core of a new multipolar world order that would be more fair and just for all. Africa expects a lot from Russia. Historical cooperation between the two and the huge capabilities that Russia possesses confirm its ability to meet these expectations and move forward together in the future.
Africa is a promising continent with broad prospects for economic growth. It is very rich in both natural and human resources. Africa has 30% of the world’s total minerals, 10% of oil reserves, 8% of gas reserves, and nearly 60% of the world’s untapped agricultural area. By 2040, Africa will have the largest labour force, as a quarter of the world’s population will live there; with young people accounting for more than 60%.
Although Africa possesses all the requirements needed for development and economic breakthroughs, it still suffers from hunger, poverty, poor living standards, and political instability. Over long decades of colonialism, Western countries exploited Africa and drained its wealth without investing in any development. Africa needs fair and balanced partnerships in order to help it face its problems and move toward the future.
African countries deeply trust Russia as a reliable partner. This reliance is rooted in the Soviet era when Moscow was the only supporter of the African national liberation movements. Russia provided the newly independent African countries with economic, military and technical assistance.
Russia is also distinguished by its cooperative rather than competitive approach to the continent. Unlike Western countries, which view Africa as an arena for international competition, Moscow seeks development partnerships based on a win-win principle. It bases its cooperation on mutual respect of interests, non-interference in internal affairs, and consolidating peace and stability.
In this context, Africa looks forward to an active partnership with Russia in confronting its crises and launching economic and social development according to the following priorities. Chief among these is the food crisis, which is considered the most pressing in Africa. More than a third of people in the world who suffer from chronic hunger and undernourishment are in Africa. Cooperation with Russia is crucial in overcoming this existential crisis.
In the short term, this means providing African countries with Russian grain and fertilizers. In the long term, it entails helping Africans in developing their agricultural sector and providing them with the required technology. A number of African countries have fertile soil and sufficient water resources. But they are in dire need of investment in technology, not only to satisfy their nutritional needs but to become regional centres for Russian grain production.
Providing investment and technology for the energy sector is also an African priority. African countries need to exploit their natural resources in the field of energy. This includes oil, gas, new and renewable energy, and hydroelectric power, as many countries in the continent, especially Sub-Saharan ones, suffer from a severe deficit in electricity.
Likewise, cooperation is needed in mining and the extraction of Africa’s huge reserves of minerals. Linked to this is the development of industries that depend on the natural resources that Africa possesses. The same priority can be given to the development of both the education and healthcare sectors, as well as transport infrastructure, especially railways. Ignorance and disease are fundamental challenges to any development efforts in Africa.
In parallel with those development areas, it is necessary to work on ensuring peace and stability. Africa suffers greatly from political instability, as well as from internal and regional armed conflicts. There is no sustainable development without stability and peace.
Russia has played an important role in restoring stability and combating terrorism in a number of African countries, including Mali and the Central African Republic. Russia has actively participated in peacekeeping forces in Africa. It is important to enhance Russia’s role as a guarantor of peace and stability in Africa. African countries rely on Russia as an honest partner that sincerely supports peace and stability.
Many African experts, however, believe that Russia is doing little with investment in Africa. Unlike Western countries, European Union members and Asian countries, which focus particularly on what they want to achieve with Africa, Russia places anti-colonial fight at the core of its policy.
Long before it held its first summit, Russia had made several pledges and promises and held several meetings with several delegations. Records show that 92 bilateral agreements were signed at the end of the Russia-Africa summit in 2019 have not been implemented, and yet officials are still and passionately looking for more agreements with Africa.
Worthy of understanding is the fact that Africa has attained its political independence far back in the 60s, and many of them are striving to diversify their economies, build infrastructure, and modern agriculture to ensure food security and push for industrializing using vibrant human resources. These African countries are ready to cooperate with potential investors with funds for transforming the resources, especially with the evolving African Continental Free Trade Area (AfCFTA) initiated by the African Union.
South African Institute of International Affairs (SAIIA), a policy think tank, also suggested that Africa needs to forge a unified approach to Russia before the 2023 Russia-Africa Summit.
In its researched policy report, the think tank operators have argued that Russian Foreign Minister Sergey Lavrov’s visits to Africa, last year and early this year, highlighted the need for the development of a Russian continental strategy to avoid becoming a pawn in global power games.
Those trips have underscored the importance for African countries to develop well-crafted positions when engaging with external powers. Without this, Africa risks being caught up in geopolitical disputes, diminishing its global voice and agency. Lavrov reinforced the criticism of Western policies in Africa.
Russia has been ramping up its military relationships with several African countries for at least a decade. Its approach is often influenced by close ties between Russia’s arms industry and its infamous private security contractor, the Wagner Group. According to Sipri, a Swedish think tank, Russia was the largest arms supplier to Africa in 2021, accounting for 44% of continental imports of major arms. In total, Russia has signed military agreements with more than 20 African countries.
While Russia is not among Africa’s largest trading partners, its presence cannot be discounted. It is estimated that in 2020, Russia’s trade with African countries amounted to more than $14 billion, with Egypt accounting for about 30% of this total. But, while the Russian economy and the size of its military are much larger than that of any single African country, collectively, the continent can hold more sway. In 2021, Africa’s collective GDP was around $2.7 trillion, while Russia’s amounted to about $1.7 trillion.
It is not hard to see why taking sides is problematic for African states. Perhaps, the most important way forward is for African countries to work in cooperation with one another. Thus, developing relationships beyond short-term impact is critical to ensure the continent is not dominated by other global powers’ interests.
Overcoming passivity could involve the following steps: Africa urgently needs a Russia strategy. To that end, the AU can — and should — engage with its members in a more structured manner and help them put together joint positions on critical issues related to Russia and other partners, like the US, China, Europe and others.
The first step in this direction should be strengthening the AU’s Partnership Management and Coordination Division. The division can serve as a more appropriate place for reflection on how its member states can better advocate for the continent’s needs and ensure African voices are heard in discussions with countries like Russia.
Russia’s role in Africa is expected to remain controversial and contested. It is clear that Russia knows what it wants from the continent: access to markets, political support and general influence. Now it is time for the continent to clarify what it wants from Russia in return. In the lead-up to the 2023 Russia-Africa Summit, the AU and its member states should strengthen their positions regarding external partnerships. If not, the continent risks being left behind and used as a pawn in an increasingly divided global order.
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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