Africa’s Mining Industry: New Opportunities for Cooperation with Russia and China -By Kestér Kenn Klomegâh

As part of the second international forum “Russia-Africa Expo-2025”, a roundtable discussion titled “The Potential of Africa’s Mining Industry: New Opportunities for Cooperation with Russia and China” was held at the conference hall of the Financial and Business Association of Euro-Asian Cooperation (FBAEAC). The event served as an important platform for strengthening the trilateral Russia-China-Africa partnership in industrial and technological development.

The roundtable was organized by the FBA EAC, with co-organizers including the Russian Chamber of Commerce and Industry’s Council for Financial, Industrial, and Investment Policy, the Peace Foundation, the State Duma Committee on International Affairs, the Russian-African Club of Lomonosov Moscow State University, Patrice Lumumba Peoples’ Friendship University of Russia (RUDN University), and the company “Kapital-Info.”

The event brought together over 70 participants – diplomats, as well as representatives from business, academia, and international organizations. Among them were delegations from more than 15 African countries, as well as from Russia, China, and Iran.

The Chinese delegation played a significant role in the event. Participants included Sun Yongjun, First Secretary of the Embassy of the People’s Republic of China, and Liu Yan, Second Secretary, along with representatives from the “Chongqing Pump Plant” (joining online): Su Ao, Ji Xiaodong, Yang Jiaquan, Yang Yiguang, and Wang Renjie. The participation of the Chinese side confirmed the practical focus of the trilateral cooperation and the readiness for joint implementation of projects in the mining industry.

The African side was represented by a wide range of participants: Jean Rick Biyaya Kadievu (Minister Plenipotentiary of the Embassy of the Democratic Republic of the Congo in Russia), Sid’Ahmed Cheikh Ould Aichetou (Ambassador Extraordinary and Plenipotentiary of the Islamic Republic of Mauritania); Eric Rubayita (Counsellor of the Embassy of Rwanda); Diarra Hadja Niamé Mariam Fofana (President of the Program of Consultations and Actions for Women Leaders of Mali); Gerry Mane (Chairman of the National Regulatory Authority for Communications and IT, Guinea-Bissau); Pierre Bangourou (Africa International Trade Connection, Côte d’Ivoire); Yumssi Tichuè (Général Import Export SARL, Cameroon); Amadou Demba Sy (Demba Mining & Frères, Cameroon); Domou Nouble Bruno Alkis (GIES, Cameroon).

The presentations by the African speakers emphasized the continent’s readiness to attract investments, adopt new technologies, and build sustainable production chains. Particular attention was paid to logistics, personnel training, and environmental issues.

The roundtable was also attended by a representative of Iran — Mehdi Rezazadeh, Founder and General Director of ZedPay Financial System & Services P.J.S.C. His participation further underscored the cross-regional nature of the discussion and the interest in expanding financial and technological cooperation within the context of industry projects.

Li Shaobin, President of the FBA EAC, addressed the participants with a welcome speech, noting that the development of cooperation with Africa in the mining industry opens new horizons for the entire Eurasian business space.

Ivan Borisovich Arkhipov, Deputy Chairman of the Russian-Chinese Friendship Society, also delivered a welcoming address, emphasizing the importance of strengthening humanitarian and economic ties.

Sergey Korotkov, Advisor to the President of the FBA EAC, presented a message from Vitaly Vovk, Deputy Director of the Industrial Policy Department of the Eurasian Economic Commission (EAEC). In his address, Vovk noted that the constructive discussion provides a new impetus for the development of sectoral cooperation and expressed the EAEC’s readiness to assist in developing specific mechanisms for collaboration.

A presentation by Roman Isakov, a recognized expert in the mining industry, attracted particular attention from the roundtable participants. Roman Isaevich delivered a report on “Technologies and Standards of Russian Mining Companies.”

Anatoly Tkachuk, Board Member of the Russian Union of Industrialists and Entrepreneurs (RSPP) and Head of the Center for International Projects and Programs at the International Congress of Industrialists and Entrepreneurs (ICIE), spoke about the RSPP and ICIE mechanisms for developing joint projects in the mining sector.

Furthermore, the Russian side was represented by Daria Michurina (RSPP), Yury Malakhov (Association of Machinery Manufacturers of Kuzbass), Alexander Kotlyarsky (PROMTEK LLC, First Vice President of FBA EAC), Anton Vasilyev (SPARTA LLC, Member of FBA EAC), Alexandra Matveeva (IBEC), Viktor Lazutin (RF CCI), and Igor Khmelkov (NOBIS Company), among others.

The roundtable was moderated by Louis Gouend, Founder and President of the African Business Club, Chairman of the Organizing Committee for “Russia-Africa Expo-2025”, and President of the Cameroonian Diaspora in Russia, together with Anna Geroldovna Bezdudnaya, Doctor of Economics, Professor, Head of the Department of Management and Innovations at SPbSUE, Executive Director of the R&D Center for Arctic Environmental-Economic Research, and Editor-in-Chief of the “FBA EAC Herald” journal.

During the discussion, participants examined a wide range of issues: the formation of joint working groups and industrial clusters, the creation of joint ventures, specialist training, financial support mechanisms, the implementation of environmental standards, and the expansion of logistics chains.

Following the event, participants highlighted the need to coordinate efforts among business communities, research centers, and government structures to implement specific investment and educational projects in the mining industry.

Key conclusions and recommendations developed during the discussion included:
(i) The need to promptly establish expert working groups to prepare pilot project initiatives.
(ii) Intensifying the exchange of technologies and equipment with the direct involvement of industrial manufacturers and engineering companies.
(iii) Developing joint educational programs and academic exchanges for training qualified personnel.
(iv) Strengthening institutional project support through guarantee mechanisms and financial instruments.
(v) Implementing unified environmental standards and sustainable development practices.

Within the context of the changing global economic architecture, Russian enterprises are highly prioritizing investments in Africa, demonstrating readiness to invest, particularly in energy, industrial technology, and infrastructure; and compete with global players.

Undoubtedly, Africa is fast becoming one of the most significant centers of power, attracting external players. One lingering question is how promptly the recommended measures designed would address historical investment gaps and ensure that agreements reached at the ‘Russia-Africa Expo-2025’ would lead to tangible outcomes.