June 6, 2024

“It’s Africa That Will Make the World Go Round” – Head of the Pan-African Chamber of Commerce

“We can make Africa the new El Dorado for investors from all over the world,” the head of the Pan-African Chamber of Commerce and Industry told Sputnik Africa on the sidelines of SPIEF-2024. “Africa is bursting with enormous potential in agriculture, in livestock, in mining, in oil, and so Africa really is the continent of the future, it’s Africa that will make the world go round,” said Ali Adji Mahamat Seid, who is also the head of Chad’s Chamber of Commerce, Industry, Agriculture, Mines and Crafts. One of the key objectives of this pan-African institution is “to make Africa a major market that counts on the international market through a common market,” he added. To achieve this, it is necessary to “accompany the African Continental Free Trade Area within the framework of the Continental Free Trade Area” and consolidate the achievements of the various chambers. Domains to cooperate in In the midst of Lavrov’s visit to N’Djamena, Ali Adji Mahamat Seid discussed with Sputnik Africa the potential of relations with Moscow. “Chad has very particular needs in the field of infrastructure, agriculture, because Chad has an enormous potential in agriculture. And everyone knows that Russia is one of the biggest exporters of fertilizers in the world,” he said on the sidelines of SPIEF-2024. “The domains [of cooperation] are vast and why not the field of security too. We know that Russia has agreements with countries on our borders, such as Niger, the Central African Republic and Libya. So we can also consider working in this direction”, he added. According to the official, the planned meeting between the Chadian authorities and the head of Russian diplomacy “will mark the strengthening of our cooperation, especially in the economic field” between Moscow and N’Djamena. Lavrov’s trip follows the visit of Chad’s transitional President, Mahamat Idriss Déby, to Moscow in January at Vladimir Putin’s invitation.

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Russia, Sierra Leone Have Long History of Exchanging & Building Human Capital, Deputy Minister Says

Russian education “contributed immensely” to Sierra Leonean development, Haja Ramatulai Wurie, Minister of Technical and Higher Education of the Republic of Sierra Leone told Sputnik Africa last November. Russia and Sierra Leone have a long history of exchanging and building human capital, Sierra Leone’s Deputy Minister of Finance, Kadiatu Allie, told Sputnik Africa on the sidelines of the St. Petersburg International Economic Forum (SPIEF) 2024. This was also said by Sierra Leonean minister of technical and higher education, who noted last November that the Soviet Union and Russia have provided higher education for many Sierra Leonean students, who, then, have applied their knowledge to the development of the West African nation. She recalled that Sierra Leonean Minister of Mines and Mineral Resources, Julius Mattai, studied in Russia around 35 years ago. “So that has been the trend, and we hope to continue that so that especially in these areas where we’re lagging, where we need adequate help, knowledge to provide,” she told Sputnik Africa, adding that human capital development is one of the government’s top priorities. Allie expressed hope that the Russian government will partner with Sierra Leone to ensure that the African nation “has the technology, know-how, the human capital to be able to harness and resolve the water crisis” in the country. According to her, the SPIEF 2024 is other opportunity for Sierra Leone to build partnerships with Russia in knowledge sharing on ensuring water security in the African country. Allie highlighted that despite abundant rains for six months in the country, “only 1% of the population has access to pure drinking water.” She noted that Sierra Leone could acquire some of the Russian technologies, the ways in which the African nation can use surface water, the six months of abundance, and then by drilling or something, use underground water for the dry season. A similar idea was expressed by Mattai, who said earlier in the day at one of the SPIEF’s sessions that Sierra Leone “rely on” cuntries like Russia, in the field of water security.

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‘It’s Been Killing Us,’ Africa Needs to Stop Its Reliability on USD: Chairman of Nigerian Oil Firm

Thousands of representatives from governments, businesses, and professional societies gathered in the Russian city of Saint Petersburg for the 2024 International Economic Forum from June 5 to 8. “It’s been killing us,” Africa needs to stop its reliability on the US dollar as it has not added value or advantage to the continent’s economy, chairman of the Nigerian oil company, Iris Group, Jeremiah Oluwaseun, told Sputnik Africa. “One of the reasons why Africa has been underdeveloped till now is because we have allowed the West to maneuver us,” Oluwaseun said on the sidelines of the SPIEF 2024. Commenting on the fact that Russia, as chair of BRICS this year, has reaffirmed the goal of de-dollarization, Oluwaseun said that “this is the right time for [the African leaders] to grab this opportunity and stop being a slave under the dollar regime.” “We are tired of dollar. It is killing our economy. […] The world needs to be free from being tied to just one source of trading. It is wisdom,” he added. The head of the company also called on the Nigerian government to increase its efforts in this direction and to make sure that the country become a member of BRICS. Speaking about the blocking of Sputnik and other Russian media in the European Union after Moscow launched a special military operation in Ukraine, Oluwaseun noted that the EU is going “against what they preach.” “The world’s eyes are getting open each day and the reality is becoming so obvious on the world’s eyes that the world is at war. So it’s a very wrong step and I hope that they will find a way to retract their step, just do the needful and stop this act of sanctioning. […] If they preach about freedom of speech, they should also follow what they preach”, he stressed In early May, Dr Is’haq Modibbo Kawu, a renowned Nigerian broadcaster, political scientist, and former Director General of Nigeria’s National Broadcasting Commission noted that this move by the EU “narrows the space of objectivity in terms of media.”

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