29 Nov 2024

African Think Tank

Association For Strategic Culture and Research Foundation

African Think Tank

Russia-Africa Summit: The Roadmap to Africa, Shift in Geopolitical Relations

Russian President Vladimir Putin has sent warm greetings to African leaders, business people and participants early October, signaling that everything is set for the first Russia-Africa Summit in Sochi, southern coastal city of Russia.

By Kester Kenn Klomegah

26 February, 2021

SADC: The Crisis of South Africa’s National Security Strategy Will Diminish What’s Left of BRIC“S” And Country’s Multipolar Dreams.

Without basic strategic planning document defining its National Interests and Strategic National Priorities, objectives, tasks, and measures in the sphere of national security, Republic of South Africa is unlikely to meet its stated goals in energy security, communications, finance, and state and public security.

By Lungile Cabangani II

21 May, 2021

SADC: Dr. Lawrence Stergomena Tax Says Goodbye, and Calls for Scaling Up Sustainable Development in Southern Africa.

Exclusive Interview by Kester Kenn Klomegah

By Kester Kenn Klomegah

2 August, 2021

Russia’s Association of Economic Cooperation with African States (AECAS) complements Forum on China-Africa Cooperation (FOCAC).

Financing projects in Africa is one of the important keys and, at the same time, the most difficult issue for major Russian companies attempting to expand to Africa, and the financial instruments at their disposal are insufficient according to Anna Belyaeva, Executive Director of the Association of Economic Cooperation with African States.

By Kester Kenn Klomegah

18 August, 2021

Egypt Hopes for Russia's Nuclear Plant Construction

It was highly unique step forward in October 2019, during the first Russia-Africa Summit, Russian President Vladimir Putin and Egyptian President Abdel Fattah el-Sisi reaffirmed commitment to scale-up cooperation in various economic sectors and particularly expedite work on the special industrial zone and the construction of proposed four nuclear power plants, raising hopes for an increased power supply in Egypt.

By Kester Kenn Klomegah

1 September, 2021

More African Countries Register Russia's Sputnik Vaccine. What Next After The Registration Campaign?

Russia's drive to share Sputnik V vaccine, of course, offers a chance to raise its image and strengthen alliances in Africa. Ministry of Foreign Affairs of the Russian Federation has made efforts promoting the vaccine using all its channels. But supply and delivery have largely lagged behind, the pledges have simply not been fulfilled. Russian authorities have oftentimes said that they would step up efforts for fruitful cooperation in combating coronavirus in Africa.

By Kester Kenn Klomegah

17 September, 2021

China’s Trade With Africa Reaches Record Highs

A recent report by Economist Corporate Network, supported by Baker McKenzie and Silk Road Associates, BRI Beyond 2020 (Economist report), showed how these strengthening trade links are, in part, a result of favourable financial incentives offered to African jurisdictions by China. According to the Economist report, 33 of the poorest jurisdictions in Africa export 97 per cent of their exports to China with no tariffs and no customs duties.

By Virusha Subban

24 September, 2021

The China Cold War Will Unstick America’s Glue

Can an America that off-shored much of its manufacturing capacity to China, for short-term profit, afford the de-coupling?

By Alastair Crooke

2 October, 2021

Chinese Investment In Africa Has Had ‘Significant And Persistently Positive’ Long-Term Effects Despite Controversy

Professor Crescenzi and Nicola Limodio, Assistant Professor of Finance at Bocconi University, Milan, conducted the research, using Ethiopia as a case study, by leveraging an innovative combination of data on firms, investments and local economic activity. They focussed on analysing medium and large manufacturing firms and Chinese FDI location choices.

By Riccardo Crescenzi, Nicola Limodia

11 October, 2021

New U.S. travel rules excludes foreigners vaccinated with Russia's Sputnik V

Associated Press news report headlined - Russians flock to Serbia for Western-made Covid-19 Vaccines – described families from Rostov-on-Don located in southern Russia, wanted to visit the West, looked for a vaccine that would allow them to travel freely - a quest that brought them to Serbia.

By Kester Kenn Klomegah

13 October, 2021

Q&A: African Development Bank Chief Says Continent Ripe for Investment

VOA’s Peter Clottey spoke with Akinwumi Adesina, Nigerian economist, to discuss why he thinks the continent is ripe for foreign investment – especially from the United States. This interview has been edited for brevity and clarity.

By Peter Clottey, Voice of America (VOA)

17 October, 2021

What Do Russia and Nigeria Share in Common?

After Soviet's collapse, Russia has been struggling to find ways of regaining part of its Soviet-era economic influence throughout Africa. Nigeria is high on Russia's agenda for reviving multifaceted business ties, at least to share the market and take up opportunities similar to external players such as the United States, Europe and China.

By Kester Kenn Klomegah

17 October, 2021

China Is the Biggest Winner From Africa’s New Free Trade Bloc

When the African Continental Free Trade Area (AfCFTA) was initially proposed at the African Union summit in 2012, it had two goals: First, build a pan-African agenda in trade and cooperation. Second, lift a large percentage of people out of poverty by instituting structural economic changes and cooperative legislation.

By Oluwatosin Adeshokan

9 November, 2021

Why Russians Are Complaining How to Engage with Africa

In order to raise the economic influence, Russians have been making efforts to identify a structured finance mechanism for mega infrastructure projects such as nuclear power and energy, natural resources exploration and to significantly increase trade with Africa

By Kester Kenn Klomegah

11 November, 2021

US-Africa Relations: An Opportunity Lost Or Found

As Africa’s economies and middle class continue to grow, there is a tremendous market for American consumer goods. Consumer and business spending in Africa is expected to top $6.6 trillion by 2030, up from $4 trillion in 2015. Again, not only China, but also nations in every other region of the world, are looking to fill the continent’s need for consumer goods.

By Ambassador Charles R. Stith

22 November, 2021

What Went Wrong With Russia’s Sputnik V Vaccine Rollout?

In August 2020, Russia was the first country to announce the development of a COVID-19 vaccine. Since then, a relentless publicity blitz has promoted the attributes of the Sputnik V vaccine. However, Sputnik V has struggled to gain mass acceptance inside Russia, let alone in other countries where it is marketed as an alternative to vaccines developed by Western and Chinese pharmaceutical firms.

By Paul Stronski

24 November, 2021

The United States and Africa: Building a 21st Century Partnership

We welcome the African Continental Free Trade Area, because we want to see Africa’s economic power in the world grow. More consumers should gain access to African goods and services. More jobs must be created for Africa’s young people – the global workforce of the future.

By Antony J. Blinken

25 November, 2021

China and Africa Move into New Era of Cooperation

Africa is experiencing a flowing tide of solidarity and self-strengthening, and the continent’s influence in international affairs continues to grow. It is now forging ahead with the development of free trade zones, accelerating industrialization and modernization, and heading towards the bright future envisioned in the AU’s Agenda 2063.

By Kester Kenn Klomegah

30 November, 2021

Africa-China Relations Could Serve as Bulwark against Imperialist Hegemony

Note: These remarks were prepared and delivered in part for a webinar held on Sunday December 12 entitled “China/Africa Relations: Challenges of Cooperation and Development.” The event was sponsored by the International Manifesto Group and the Group for Research and Initiative for the Liberation of Africa (GRILA).

By Abayomi Azikiwe

14 December, 2021

Europe Unveils U.S.$340bn Response to China's Belt and Road Initiative

The aim of the EU programme -- called Global Gateway -- is to help underpin the global recovery by mobilising investments in digital, clean energy and transport networks, as well as boosting health, education and research systems across the world. Low and middle-income countries were already facing a US$2.7 trillion infrastructure investment gap before the pandemic, according to World Bank estimates.

By Cable News Network

15 December, 2021

Financing Africa’s Post-Covid-19 Development

The financing needs to achieve the Sustainable Development Goals (SDGs) estimated at $2.5trillion for developing countries, was substantial even before the COVID-19 pandemic. The pandemic has exacerbated the financing challenges. According to the 2021 OECD Global Outlook, the annual SDG financing gap in developing countries is estimated to have increased by $1.7 trillion, or roughly 70%, in 2020

By Ms. Vera Songwe

27 December, 2021

Africa in Review 2021 (Part I): Continuing Pandemic Highlights Public Health Crisis

A gathering entitled “1st International Conference on Public Health in Africa (CPHIA)” took place during mid-December organized by the African Centers for Disease Control and Prevention (ACDC) based at the African Union (AU) headquarters located in Addis Ababa, Ethiopia.

By Abayomi Azikiwe

31 December, 2021

Africa’s Path To Recovery In An Uncertain World

Beyond the health crisis, securing the recovery will be a complex task, requiring policymakers to make difficult trade-offs to meet people’s immediate and long-run needs, while avoiding excessive debt. Achieving this balance is never easy, but it is more challenging than ever in today’s uncertain environment. Each country’s course will be guided by its own circumstances, including economic growth, inflation pressures, budget space, and its ability to attract public and private financing.

By Kristalina Georgieva, Macky Sall

13 January, 2022

EU-Africa Trade Relations

The potential to increase trade, economic growth, job creation and integration across the continent remains enormous, because today, only around 17% of African trade flows take place between African countries.

By Valdis Dombrovskis

27 January, 2022

The State and Future of Africa

The creation of $650 billion in new Special Drawing Rights last year was a step in the right direction but more needs to be done to enable African and other developing countries to access the SDRs that are not needed or being used by developed or emerging economies. It is also clear that public debt vulnerabilities will dominate macro-economic policy management in Africa over the next few years.

By His Excellency, Prof. Yemi Osinbajo

27 January, 2022

African Union Summit Addresses Continental and Global Issues

Perhaps the most controversial aspect of the AU Summit was the challenge by South Africa and Algeria to the unilateral decision made during 2021 by Commission Chair Mahamat to grant Israel observer status within the continental organization. Historically the progressive and anti-imperialist forces in Africa have demonstrated unconditional solidarity with Palestine along with other national liberation movements fighting colonialism.

By Abayomi Azikiwe

12 February, 2022

European Union targeting Comprehensive Partnership with Africa

Long before this summit, European Union members and business investors have been making consistent efforts at capitalizing on and exploring several emerging opportunities offered by the newly introduced African Continental Free Trade Area (AfCFTA), which provides a unique and valuable access to an integrated African market of 1.3 billion people. In practical reality, it aims at creating a continental market for goods and services, with free movement of business people and investments in Africa.

By Kester Kenn Klomegah

13 February, 2022

How Russia Will Counterpunch the U.S./EU Declaration of War

One of the key underlying themes of the Russia/Ukraine/NATO matrix is that the Empire of Lies (copyright Putin) has been rattled to the core by the combined ability of Russian hypersonic missiles and a defensive shield capable of blocking incoming nuclear missiles from the West, thereby ending Mutually Assured Destruction (M.A.D.)

By Pepe Escobar

6 March, 2022

Russian Hit-Back Against The Western Countries Is Yet To Begin

Let's analyze the counter-sanctions levers that Russia has at its disposal.

By Bhim Bhurtel

14 May, 2022

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