Browsing: Moscow

Namibia
  • The 12th edition of The Annual Investment Meeting (AIM), highlighted investment hotspots in various parts of the world.
  • The sessions focused on Namibia, ASEAN and the Russia region as well as new investment destinations such as Moscow and Armenia.
  • Experts highlighted how the increasing cooperation is leading to a favourable investment climate and opening up new opportunities for businesses.

The 12th edition of the the Annual Investment Meeting (AIM) has highlighted Namibia among other top investment hotspots internationally. AIM, which was hosted in Abu Dhabi, UAE, featured a series of regional and destination forums demonstrating available opportunities in various parts of the world.

In Africa, a special focus was given to Namibia. The session highlighted the southern African country’s potential as an investment hotspot, citing its $13 billion GDP reported in 2022. In addition, the country is rich in oil and gas reserves. Further, Namibia is deploying large-scale projects in

The EU insists that it has not put sanctions on Russia's food and fertilizer export, yet the global supply of much-needed fertilizer is extremely short, is Russia hoarding fertilizer supplies? Photo/Siasat
  • EU insists it has not put sanctions on food and fertilizers from Russia
  • Malawi receives the first consignment of 20,000 tonnes of Russian fertilizers
  • The EU, UN might consider releasing more fertilizers and food embargoed at European ports to Africa

The EU insists that food and fertilizer are not part of the sanctions it has imposed on Russia due to the ongoing conflict with Ukraine, yet the global supply of much-needed fertilizer is in short supply which begs the question; is Russia hoarding fertiliser supplies?

While the EU says it is not to blame, Russia says it is the Western sanctions that are causing the decrease in fertilizer exports. It only makes sense that Russia would hold back fertilizers to increase its own domestic food production in the face of future uncertainties in the still very volatile situation.

The sanctions on other sectors of Russia’s economy are spiralling to the …

Russia to save Africa from a strong dollar

Official data has shown that the cost of transacting in international currencies is often 2 or 3 per cent higher than dealing in local alternatives. The higher cost often creates significant international trade obstacles. Ultimately, the progressive decision-making of the Russian government could save Africa from the damaging effects of a strong dollar. Consequently, international trade will become accessible to businesses in Africa. This will boost economic growth in the respective partner countries.…

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Professor Mohamed Chtatou

While Russia’s preferred visions and modes of action in the Maghreb seem to be fairly well identified, the perceptions and expectations, but also the possible reservations on the Maghreb are more rarely expressed by the leaders of these countries and little-studied at the academic level.

Perhaps we should look at this, as far as the powers that be are concerned, a concern for discretion regarding the sensitive aspects of this foreign policy component – this is particularly true for Algeria – an area on which they generally communicate little and for the academic research community in North Africa, a lack of knowledge related to the history, geography and culture of contemporary Russia.

If there is undoubtedly, on the Maghreb side and with important nuances from one country to another, a manifest interest in a development or a deepening of the partnership with Moscow, questions may remain about Russia’s objectives, especially …

View on Moscow Kremlin Wall and Moscow River Embankment, Russia. The Russia-Africa Summit will be held in St. Petersburg in November. www.theexchange.africa

An additional advantage is that African government representatives and heads of many international organizations work in this city.

South Africa and Egypt, as possible alternatives, were thoroughly discussed as South Africa and Russia are members of BRICS, and Egypt has excellent post-Soviet relations.

Reminding that the first summit held in Sochi was co-chaired by President Vladimir Putin and Egyptian President Abdel Fattah el-Sisi, who also rotationally during that year headed the African Union.

The large-scale Russia-Africa summit, held in Sochi in October 2019, and described as the first of its kind in the history of Moscow’s relations with Africa, attracted more than 40 African presidents, as well as the heads of major regional associations and organizations. …