The Impact of Russian African Alliance on World Economy

[alastantiger]

This topic is similar to the one gantez by titled, The impact of Russian and Ukraine war on world economy. The world watched Putin gather some African leaders for the Russia-Africa Summit at St. Petersburg in July. This was the first of its kind. According to them the aim was to strengthen the economic ties between Russia and Africa. During the meeting they discussed sustainable diamond mining, SME partnerships, agribusiness, energy cooperation, logistics routes, and financial security. What the whole world is observing now is detachment of some of these African countries, Mali, Burkina Faso, Niger, from the West and they are forming a strong alliance backed by Russia and a some other countries. We already know about the BRICS which include countries like Brazil, Russia, India, China and South Africa. Their aim at developing trade and economic cooperation among its member nations. Seeing all of these, what do you guys think will be the impact of the Russian African alliance on the world economy. We know there is no war right now but the rhetoric and tensions all over is being felt worldwide. Would the world economy suffer or would we be fine?

[1714919955]

1714919955

[1714919955]

1714919955

[Faisal2202]

This topic is similar to the one gantez by titled, The impact of Russian and Ukraine war on world economy. The world watched Putin gather some African leaders for the Russia-Africa Summit at St. Petersburg in July. This was the first of its kind. According to them the aim was to strengthen the economic ties between Russia and Africa. During the meeting they discussed sustainable diamond mining, SME partnerships, agribusiness, energy cooperation, logistics routes, and financial security. What the whole world is observing now is detachment of some of these African countries, Mali, Burkina Faso, Niger, from the West and they are forming a strong alliance backed by Russia and a some other countries. We already know about the BRICS which include countries like Brazil, Russia, India, China and South Africa. Their aim at developing trade and economic cooperation among its member nations. Seeing all of these, what do you guys think will be the impact of the Russian African alliance on the world economy. We know there is no war right now but the rhetoric and tensions all over is being felt worldwide. Would the world economy suffer or would we be fine?

If you are referring to the impact of BRICS toward world economy then that's bad for whole world because most of the countries in the world are using US dollar as there national reserves and if you are asking what impact does this alliances will make for the whole world then that's will be a productive one too. Because if they do what they really say then there will be more goods in the market more diamonds, more agriculture business, more energy production units, more foreign business will tend to join.

And if they do it rightly, then along with Africa those who are from Africa spread in worldwide countries will get some relief and could do some more productive works. Overall, the countries are connected sorry not countries the impact of such decisions are connected between citizens of one country spread all along the world. One who is in Spain, US, in any other country doing something productive then the rate will increase.

No to mentioned the import and export will also increase of your country with other countries and also other countries will also make money so one country is making profit out of another.

[cabron]

We know there is no war right now but the rhetoric and tensions all over is being felt worldwide. Would the world economy suffer or would we be fine?

Nope. There could be a war that will spill over there since the Wagner group is already there supporting the Niger coup leaders. The African leaders are pushing away the French bases in those countries you mention. Wherever the Wagner Army goes, there is always going to be a purpose and because they are on the side of African leaders, it seems like the West will have no power over them unless they fight over for the resources they wanna plunder.

All economies are already suffering though. I bet they all are just planning for economies to fall so they all could launch their digital currencies, the idea was been fed to many influencers.

[Aanuoluwatofunmi]

Seeing all of these, what do you guys think will be the impact of the Russian African alliance on the world economy. We know there is no war right now but the rhetoric and tensions all over is being felt worldwide. Would the world economy suffer or would we be fine?

Everyone should learn to have independency of their own, if we look at the aftermath of the courtesy visit from the African countries over the war to end the whole crisis, have we gotten anything new seing as change ever since, Africa is too small to make a delicable impact towards this if the US and NATO couldn't effect any change towards ending the war despite all their efforts, everyone should be on their own for now, if partnership and relationship mean harm then it's as nothing being done at all.

[Wimex]

It is ironic.... how the political and economic systems of the countries work, alliances are essential for them because it allows them to have more resistance and new benefits for each nation. Now this alliance will probably have an impact on the economy perhaps not as noticeable to the rest of the world, but it could specifically bring good things to Russia, since if we think about it, this territory is going through a conflict that, although it caused it, has severely harmed it, trying to generate agreements with other countries can help it remain stable and not collapse due to the sanctions that have been implemented, one of the reasons why I consider that it has been The war against Ukraine has spread so much, since the countries that are against Russia have not managed to weaken it to such an extent that they have forced it to give in, due to this type of event, what i Wonder now is...for how long will it continue the war if it continues to be fed from outside?

[Kakmakr]

I think Russia are strengthening alternative markets in Africa to reduce the impact of the boycotts that are placed on them by the "West". They also have surplus grain that can be used to garner support for their trading relationships. (Grain is one of the staple foods in Africa and Russia can exploit that by giving out FREE grain donations to garner their support)

There has always been a strong political tie between Russia and the African nations, because a lot of the African countries have communist roots. (They were colonized by the West and they were helped by Russia to gain back the control over their countries)  

[khiholangkang]

I think Russia are strengthening alternative markets in Africa to reduce the impact of the boycotts that are placed on them by the "West". They also have surplus grain that can be used to garner support for their trading relationships. (Grain is one of the staple foods in Africa and Russia can exploit that by giving out FREE grain donations to garner their support)

There has always been a strong political tie between Russia and the African nations, because a lot of the African countries have communist roots. (They were colonized by the West and they were helped by Russia to gain back the control over their countries)  

There is always a shrimp behind a rock in anything including what Russia is doing this time, it is true what you say that he aims to make Africa an alternative market for them and avoid boycotts of western countries which make it difficult to trade and make profits, the alternative is create their own markets, this partnership will certainly help African countries and Russia to avoid everything that is being done by western countries that torture them.
Political ties cannot be released, this is the main way to make them connected to each other.
But what effect will it have on the world economy?, I think it is quite difficult to predict if it will be negative for the global economy, because this is only trade and political relations, unless Russia forces Africa to limit activities with countries affiliated with western countries, such as limiting the use of the dollar and whatever is done by western countries on African soil, the economic polarization will change. IMO

[Spaceman1000$]

This topic is similar to the one gantez by titled, The impact of Russian and Ukraine war on world economy. The world watched Putin gather some African leaders for the Russia-Africa Summit at St. Petersburg in July. This was the first of its kind. According to them the aim was to strengthen the economic ties between Russia and Africa. During the meeting they discussed sustainable diamond mining, SME partnerships, agribusiness, energy cooperation, logistics routes, and financial security. What the whole world is observing now is detachment of some of these African countries, Mali, Burkina Faso, Niger, from the West and they are forming a strong alliance backed by Russia and a some other countries. We already know about the BRICS which include countries like Brazil, Russia, India, China and South Africa. Their aim at developing trade and economic cooperation among its member nations. Seeing all of these, what do you guys think will be the impact of the Russian African alliance on the world economy. We know there is no war right now but the rhetoric and tensions all over is being felt worldwide. Would the world economy suffer or would we be fine?

Just like your rightly put, Russia and African summit.
I believe is to majorly strengthen their economic ties, Russia too want to explore the African continent just the way the western countries are doing. Everything boils down to development of the African continent and what Russia stands to benefits in doing so, the African continent has suffered decades of underdevelopment and poor economy strength to strive. So having discussion's like this is a welcome development. But However, I don't see any war happening, whatever alliance the counties you mentioned are forming, is basically for business and economics strengthening because I believe they cannot be gathering for war purposes but for the good of their people. just as, Winston Churchill will say, "it is better to jaw-jaw than to war-war".

[Majestic-milf]

We know there is no war right now but the rhetoric and tensions all over is being felt worldwide. Would the world economy suffer or would we be fine?

For now, we'd just have to look on and pretend the intentions of Putin are genuine. I mean, we all know that he doesn't try to hide his detestation of the West and anything that can affect them sorely, he's game.
I wouldn't call this an alliance but a subtle method for him to gain control of Africa because in truth, there's not much Africa countries are benefiting economically from them as he's not looking to invest but these African countries see no problem with that. For them, just having Russia with them gives them some validation of power.
 So far, it's just four African countries that Russia trades with; Egypt, Morocco, Algeria and South Africa and since Africa contributes for about 2.4% of the world's GDP, I doubt it would affect. All Putin is concerned about from this so called alliance is to slowly dominate and since they are gullible it would allign with his vision of a multipolar international system

[pooya87]

With the establishment of New World Order we entered a new transitional phase where the world experiences significant changes all over. One of these major changes is happening in Africa as many of the African countries are currently kicking the colonizers (ie the Western Bloc) out and are trying to regain their independence.
This means when the Eastern Bloc including Russia is currently at war with the Western Bloc, there will be a lot of such alliances between the East and Africa that is kicking West out. In other words it can not be analyzed as an isolated event, it has to be analyzed in the stream of events taking place around the world.

As for the effects on world economy, it is another step in the transitional phase during which we will experience periods of high volatility. For example France that was stealing a ton of resources from many African countries that have kicked them out is going to experience a lot of resource "supply" problems in the near future which will in turn have a considerable impact on the French economy. Meanwhile as those countries take over their own resources and money they will start seeing economic growth during that time.

[Gyfts]

Africa is essentially free domain. They're malleable to whatever geopolitical forces enter the region and the government is receptive to such forces. I've always believed its within African countries interest to distance themselves from foreign influence in order to rid themselves of dependency. The politicians benefit from these partnerships, never the constituency.

The immediate impact on the global economy is nonexistent because Africa as a whole has a small GDP. Shipping routes and logistics aren't a concern as of yet either, so there would be virtually zero impact in that regard. Private companies who have interest in African minerals/resources are probably paying close attention, though.

[DrBeer]

I think Russia are strengthening alternative markets in Africa to reduce the impact of the boycotts that are placed on them by the "West". They also have surplus grain that can be used to garner support for their trading relationships. (Grain is one of the staple foods in Africa and Russia can exploit that by giving out FREE grain donations to garner their support)

There has always been a strong political tie between Russia and the African nations, because a lot of the African countries have communist roots. (They were colonized by the West and they were helped by Russia to gain back the control over their countries)  

There is always a shrimp behind a rock in anything including what Russia is doing this time, it is true what you say that he aims to make Africa an alternative market for them and avoid boycotts of western countries which make it difficult to trade and make profits, the alternative is create their own markets, this partnership will certainly help African countries and Russia to avoid everything that is being done by western countries that torture them.
Political ties cannot be released, this is the main way to make them connected to each other.
But what effect will it have on the world economy?, I think it is quite difficult to predict if it will be negative for the global economy, because this is only trade and political relations, unless Russia forces Africa to limit activities with countries affiliated with western countries, such as limiting the use of the dollar and whatever is done by western countries on African soil, the economic polarization will change. IMO

A good example of "the economic impact of the union of Russia and African countries
King Mswati III of Swaziland, after Putin, after the summit, canceled his debts (by the way debts of the USSR, not Russia), Mswati bought 19 Rolls Royce Cullian cars. For his 15 wives and himself. The people of Swaziland got... You know what....
And all this alliance - it is not for the sake of creation, but for the sake of creating a semblance of importance of Russia on the African continent. By the way, you remember that only 1/3 of those invited to the summit "Africa-Russia" came to the summit. And now evaluate the economies of the countries present. Most of them are depressed economies. How can they do anything? The only potential "benefit" is the minerals that Russia will try to monopolize in order to sell through African countries and get foreign exchange income.

And a few words about the "amazing coincidences" before the summit: how fortunate everything happened in Niger. It looks like the Transahara gas pipeline project from Nigeria to Europe via Niger and Algeria will never materialize. Europe was planning to receive 30 billion cubic meters of Nigerian gas through it. Guess what is the purpose of NOT selling gas to the EU? And who benefits?

[Hydrogen]

Seeing all of these, what do you guys think will be the impact of the Russian African alliance on the world economy. We know there is no war right now but the rhetoric and tensions all over is being felt worldwide. Would the world economy suffer or would we be fine?

While residents in places which do significant export - import trade with africa might be affected.

The rest of the world probably won't notice repurcussions.

[Fiatless]

With the establishment of New World Order we entered a new transitional phase where the world experiences significant changes all over. One of these major changes is happening in Africa as many of the African countries are currently kicking the colonizers (ie the Western Bloc) out and are trying to regain their independence.
This means when the Eastern Bloc including Russia is currently at war with the Western Bloc, there will be a lot of such alliances between the East and Africa that is kicking West out. In other words it can not be analyzed as an isolated event, it has to be analyzed in the stream of events taking place around the world.

As for the effects on world economy, it is another step in the transitional phase during which we will experience periods of high volatility. For example France that was stealing a ton of resources from many African countries that have kicked them out is going to experience a lot of resource "supply" problems in the near future which will in turn have a considerable impact on the French economy. Meanwhile as those countries take over their own resources and money they will start seeing economic growth during that time.

Thank you @pooya87 for speaking the truth. Most nations pretend that Africa is insignificant to the global economy. Yet they are scrambling to establish their influence on the continent. The Western powers are pushing West African nations to go to war against Niger because they want to reinstall democracy. But this country has been under French economic exploitation and oppression. Their central bank is integrated with the French Central Bank yet the country is one of the poorest in the world. France is not concerned about the growth of the economy, neither are they concerned about good governance of Niger but their main concern is to exploit raw materials.

African nations should seize this opportunity to make hard choices. They should strive towards economic independence and not rely on either the Eastern or Western bloc. Their focus should be on how to make favorable bilateral deals with any bloc that will promote the development of the continent.

The immediate impact on the global economy is nonexistent because Africa as a whole has a small GDP. Shipping routes and logistics aren't a concern as of yet either, so there would be virtually zero impact in that regard. Private companies who have interest in African minerals/resources are probably paying close attention, though.

If Africa is insignificant in the global economy, why are Russia and the West scrambling to control the economy of the continent? Without African resources many industries in Europe will lack major resources and the impact will be felt globally.

[kryptqnick]

I do believe in Africa's eventual prosperity, and that it's an underestimated continent. But it's still struggling a lot, following a long colonial history that made sure that what Africa can give to the world would be systemically undervalued, and that regions would simply be exploited by the richer nations. So for now, it's not looking good overall, with high rates of violence and poverty, very high rate of corruption and low GDP, a lot of dictatorships, etc.
Russia plays their card of opposing Western imperialism really well with Africa, making sure it is seen as the strongest force actively opposing the countries that made things so hard for Africa. Too bad that many countries don't care to see that Russia still follows a strong imperialist mindset, and it led to lots of colonization and suffering of other nations as well.
But whatever's going on there, it's small in comparison with Western economies and solidarity, so I don't think there will be any measurable impact of this alliance on the World Economy. Russia is slowly drowning because of the war it's waging against Ukraine, and it's going to drag other countries along with it.

[pooya87]

The Western powers are pushing West African nations to go to war against Niger because they want to reinstall democracy.

Armed conflict is going to be the biggest challenge in front of Africa in the coming year or two. And considering how multiple African nations have expressed their support for Niger, there will either be no war or a much bigger war between multiple nations.
After that if Africa succeeds in kicking the colonizes out, that won't be the end. They should expect Cold War which will be in many forms from subsequent coups to sanctions and foreign made crises trying to destabilize and weaken the newly formed independence.

After all this has always been the strategy of the Western Colonizers! We've experienced our fair share of it over the past century or two in Iran. In fact these days are the anniversary of the 1953 US/UK orchestrated coup to remove the democratically elected prime minister of Iran to give the power back to the dictator of the time!

The good news is that the West is not the same power it once was and the Eastern powers are now revived and some are supporting that independence. On top of that new non-Western international organizations such as BRICS are going to provide the economical strength needed for Africa's independence.
The other good news is that Africa can also use the experience of others that have walked in that path before them and learn from their mistakes.

[DrBeer]

Another bad news for "African friends of Russia" is Russia's attempt to make these African countries its raw material appendages and kill their economies by switching to ruble payments. This project is a pathetic parody of China's project "BRICS dedolarization = BRICS Yuanization".

But if in yuanization they just involve not very smart rulers of some countries, then "rubleization" is built on lies, corruption and theft. I know that corruption in some African countries is on a gigantic scale. After the arrival of "Russian friends" the level of corruption will increase by orders of magnitude, and accordingly the lives of ordinary people in these countries will go down, although you probably thought that it could not be worse. In addition to the fall in living standards, these countries will also face wild destabilization, civil wars, and deaths. Why? Because this is Russia's favorite method of "solving" its problems in the region. I will remind you - terrorism/destabilization/civil conflicts "staged" and "conducted" by Russia - Armenia/Azerbaijan, Moldova, Georgia, Ukraine, now Niger and other African countries where military coups are being organized/prepared.
In a word - if you are preparing to be friends with Russia - prepare for huge problems and troubles that the Kremlin ghouls will bring to your countries....
 

[Mauser]

Seeing all of these, what do you guys think will be the impact of the Russian African alliance on the world economy. We know there is no war right now but the rhetoric and tensions all over is being felt worldwide. Would the world economy suffer or would we be fine?

Russian is a big partner for Africa, they not only provide arms exports, but also security with their mercenary groups like Wagner. Right now, there are a lot of conflicts in Africa and the West is struggling to support countries in central Africa. Niger for example had a military coup and the world is not working together to resolve the issue. There are countries now supporting Niger, then there are neighbour countries that want to attack it and restore the previous president and there is the former colonial power France that tries to intervene as well. What surprises me the most was a survey in the countries that asked the people who they would prefer to see and intervene in the conflicts, the majority voted not for USA or Europe, but rather for Russia. Russia seems to be more open towards the military needs of those countries and has no restriction on arms exports, compared to the West that focuses more on humanitarian missions. For the world this is a problem, because countries are not working together anymore and there is a lot of rivalry.

[Ozero]

I think Russia are strengthening alternative markets in Africa to reduce the impact of the boycotts that are placed on them by the "West". They also have surplus grain that can be used to garner support for their trading relationships. (Grain is one of the staple foods in Africa and Russia can exploit that by giving out FREE grain donations to garner their support)

There has always been a strong political tie between Russia and the African nations, because a lot of the African countries have communist roots. (They were colonized by the West and they were helped by Russia to gain back the control over their countries)  

All peoples and states need to clearly understand that Russia never does anything for free. If they talk about it, then we should expect trouble and future military conflicts, hybrid wars with the help of private military companies financed from the Russian budget, devastation and poverty. Russia's neighbors have long understood this clearly. A significant part of African states already know this as well, which is why Putin did not achieve his goal at the African summit in St. Petersburg.

But before talking about the impact of the alliance between Russia and African countries, it is necessary to see what will happen to Russia itself in a few years and how the war unleashed by it in Ukraine will end. It is quite possible that African countries will have to deal with many individual republics in the place of today's Russia.

[Fiatless]

The Western powers are pushing West African nations to go to war against Niger because they want to reinstall democracy.

Armed conflict is going to be the biggest challenge in front of Africa in the coming year or two. And considering how multiple African nations have expressed their support for Niger, there will either be no war or a much bigger war between multiple nations.
After that if Africa succeeds in kicking the colonizes out, that won't be the end. They should expect Cold War which will be in many forms from subsequent coups to sanctions and foreign made crises trying to destabilize and weaken the newly formed independence.

The use of dialogue seems to be the main weapon at the disposal of the ECOWAS. Delegates led by a former Nigerian military leader Abdulsalami Abubakar have been sent to meet the Niger military leaders and for the first time, they had access to these leaders and the ousted president Mohamed Bazoum. The coup leaders have also proposed a three-year transition program which to me is too long. These leaders should know that that region is under serious attack from ISIS, Boko Haram, and other militant group. ECOWAS troops will be unable to handle the outcome of a conflict in that region. The outcome will be more disastrous than what is happening in Libya. Protests are still going on against any military intervention by ECOWAS with many citizens willing to volunteer to protect their country. To show their solidarity Mali and Burkina Faso has dispatched warplanes to Niger.

The price for freedom from exploitation should be paid if Africa wants to develop. After all other nations have survived with multiple sanctions from powerful nations. They should go and learn from these nations how they survived these sanctions. Africa should not be under the influence of any bloc but we can be trading partners. If you really want to help us develop, don't focus on just our raw materials, build industries in our lands and help us achieve economic growth.