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Zuma For State Visit To Kenya

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By Dipo Olowookere

President Jacob Zuma will undertake a State Visit to Kenya from October 10-12, the first by a South African head of state since the dawn of freedom and democracy in South Africa.

The visit will enable South Africa to deepen economic, political, cultural and social relations with Kenya, the leading economy in the East African region.

The visit will further provide a platform for both countries to review progress on key areas of bilateral cooperation, which include amongst others: trade and investment; agriculture; tourism and infrastructure development.

The two Heads of State will exchange views on important regional, continental and global issues of mutual concern.

Kenya is an important partner for South Africa in the advancement of inter- and intra-African trade and investment. South Africa is Kenya’s fourth source of imports, with South African exports amounting to R 8.3 billion and imports to R366 million in 2015.

Currently, over 60 South African companies are operating in Kenya and South Africa is the 6th largest investor in Kenya after China, United Kingdom, United States of America, India and Nigeria; and the largest trading partner on the continent outside the SADC region. Further opportunities exist for strengthening the economic ties through optimising investment opportunities in the mutually identified areas of energy, infrastructure development, blue economy and retail.

The two countries are scheduled to sign Agreements and Memoranda of Understanding in the fields of Defence, Police, Home Affairs, Environment; Revenue Services; and infrastructure development under the Lamu-South Sudan-Ethiopia Transport Corridor (LAPSSET). The signing of these instruments are an indication of South Africa’s determination to enhance the bilateral relations and serves as confirmation of its desire to forge a strategic partnership with Kenya.

During the visit President Zuma will also address South Africa-Kenya Business Forum, on 11th October 2016, which will provide a platform to further explore investment and trade opportunities between the two countries and support the interaction between the public and private sectors of South Africa and Kenya.

President Zuma will be accompanied by Ms Maite Nkoana-Mashabane, Minister of International Relations and Cooperation; Ms Lynne Brown, Minister of Public Enterprise; Mr Malusi Gigaba, Minister of Home Affairs; Mr Nathi Nhleko, Minister of Police; Ms Edna Molewa, Minister of Environmental Affairs; and Ms Nosiviwe Mapisa-Nqakula, Minister of Defence and Military Veterans.

Dipo Olowookere is a journalist based in Nigeria that has passion for reporting business news stories. At his leisure time, he watches football and supports 3SC of Ibadan. Mr Olowookere can be reached via [email protected]

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Putin Launches RT India Broadcasting

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RT India Broadcasting

By Kestér Kenn Klomegâh

In New Delhi, President Vladimir Putin, alongside Editor-in-Chief of Russia Today, Margarita Simonyan, took part in the launch ceremony of the RT India TV channel. The TV channel will operate from a new studio complex in New Delhi, marking a new dimension in the bilateral media sphere.

Editor-in-Chief of Russia Today, Margarita Simonyan, indicated that the collaboration, naturally, points to India’s hospitality, affirming that this endeavour was not only worthwhile but long overdue.

Vladimir Putin, officially, launching the TV studio, also emphasized that the Russia Today channel in India, RT India, grants millions of Indian citizens clearer, more direct access into insights about contemporary Russia – the realities, aspirations, and perspectives. He reiterated the existing traditional friendship, and the ties between the Indian and Russian peoples go much deeper into the past; which rests on a solid historical foundation. And at the core of relationship lies mutual interest.

Russia Today is a source of truthful and reliable information, focused on serving the interests of its viewers and listeners. Its main mission is merely to promote Russia, its culture, and its positions on domestic and international issues. Above all, Russia Today strives to convey truthful information about the country and about what is happening in the world. This is the absolute value of Russia Today.

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Ease in Benin Republic as Attempt to Oust President Talon Fails

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By Adedapo Adesanya

The government of Benin Republic says its armed forces has foiled a coup attempt on President Patrice Talon by a group of soldiers , who claimed on national television to have seized power on Sunday.

At least eight soldiers, holding weapons, went on state television on Sunday morning to announce that a military committee led by Colonel Tigri Pascal had taken over and was dissolving national institutions, suspending the constitution and closing air, land and maritime borders.

According to their statement, Lieutenant-Colonel Tigri Pascal will be leading a military transition council.

Some hours after, the Interior Minister, Mr Alassane Seidou, said the country’s armed forces had thwarted the attempted coup and called for calm.

“Therefore, the government urges the population to go about their business as usual,” he said.

According to reports, 14 people had been arrested in connection with the foiled attempt to stop democracy in the country.

Foreign Minister, Mr Olushegun Adjadi Bakari, had earlier told Reuters that “a small group” of soldiers had attempted to overthrow the government but that forces loyal to President Talon were working to restore order.

He said the coup plotters had only managed to take control of state television, which was cut after the soldiers read out their statement. It resumed broadcasting shortly afterwards, allowing the interior minister to read his statement saying the coup bid had been foiled.

The Economic Commission of West African States (ECOWAS) and the African Union (AU) condemned the coup attempt.

Benin experienced several military coups and coup attempts in the first decades of independence from France in 1960. But there has not been a power grab by force in the country since it held multi-party elections in 1991.

Coups have become common place in Africa since 2020: Mali, Guinea, Sudan, Burkina Faso, Niger, Gabon, Madagascar, and recently Guinea-Bissau have seen military takeover in the recent times. This has raised alarms about possibilities in other African states.

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Russian-Nigerian Economic Diplomacy: Ajeokuta Symbolises Russia’s Remarkable Achievement in Nigeria

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Ajaokuta Steel Plant, 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:

  1. Structured financial support: Establishing state-backed credit lines, policy bank guarantees, and investment funds to reduce project risks.
  2. Incentive realignment: Identifying sectors where Russian expertise aligns with African needs, including energy, industrial technology, and infrastructure.
  3. 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.

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