Kester Kenn Klomegah

Kester Kenn Klomegah

Kester Kenn Klomegah is an independent researcher and writer on African affairs in the EurAsian region and former Soviet republics. He wrote previously for African Press Agency, African Executive and Inter Press Service. Earlier, he had worked for The Moscow Times, a reputable English newspaper. Klomegah taught part-time at the Moscow Institute of Modern Journalism. He studied international journalism and mass communication, and later spent a year at the Moscow State Institute of International Relations. He co-authored a book “AIDS/HIV and Men: Taking Risk or Taking Responsibility” published by the London-based Panos Institute. In 2004 and again in 2009, he won the Golden Word Prize for a series of analytical articles on Russia's economic cooperation with African countries.

The Russian Chamber of Commerce and Industry hosted on May 26 the Russia-Ghana business forum which attracted representatives from Russian industrial and commercial sectors. The forum was also attended by a Ghanaian delegation.

After the collapse of the Soviet empire, Russia has steadily shown interest in many spheres, ranging from political consultations through business and economic cooperation to culture with African countries. Of a special focus, Russia attaches significance to deepening trade and investment cooperation with Africa.

Over the past few years, Russian authorities have been prioritizing media cooperation and the use of soft power to address the falling image of Russia among the political and business elites in Africa. The authorities have also made persistent efforts to inform the elites and business community about the positive developments and emerging economic opportunities in Russia, but Russian media and policy experts say there is still much room for improvement.

Over the years, Russia and Zimbabwe have maintained strong cordial relations in all significant spheres and the prospects of broadening cooperation are very bright. Right now, Russia is stepping up economic investment in Zimbabwe. Russia-Zimbabwe economic partnership will blossom in coming years as the groundwork for this new chapter in their economic diplomacy was laid when Zimbabwean President Robert Mugabe met President Vladimir Putin in Moscow in May 2015.

Nigeria is considered the economic powerhouse in the West Africa region. As it is popular known, Nigeria is one of Africa's fastest growing economies and boosts the largest population. After the change over of the presidency in May 2015, from Goodluck Jonathan to Muhammadu Buhari, the Nigerian diplomatic mission said it was ready to take practical steps to bolster economic and strategic ties with Russia.

Recognizing the huge untapped potential in their economic cooperation, Russia and Africa have taken steady efforts in raising the level of trade and business promotion over the past few years. Russia is now aiming to increase trade with Africa than before.

In its end-of-year official report, the Russian Foreign Ministry indicated that Russia, as a permanent member of the UN Security Council, has made a substantial contribution to resolving conflicts and crises in Mali, Somalia, Sudan and the Central African Republic and many other African countries.

President Vladimir Putin has said in a New Year's message to South African President Jacob Zuma that Moscow is looking for strengthening economic cooperation between the two countries as well cooperating within the format of BRICS in implementing the final decisions adopted at the BRICS summit in Ufa.

African leaders, export trade organizations and corporate businesses have an extraordinary opportunity to design a well-timed strategy to take advantage of the growing market and to boost trade as a way to reverse considerably trade imbalance that has existed from Soviet days between Russia and Africa, both foreign and local experts have suggested.

While Russia's interest in the sub-Saharan Africa is nothing new, Russian authorities have realized that it’s time to move back primarily to reclaim its economic footprints and to find old Soviet-era allies, but that step comes with new challenges especially from other foreign players and the changing internal political and economic conditions in Africa.

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