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Showing posts from August, 2023

Push for multipolar economic world gains momentum, and why Africa is an important piece in the power play

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  RUSSIAN President Vladimir Putin with African Union c hairperson and president of the Union of Comoros Azali Assouman at the Russia-Africa Summit recently. JACK ZIMBA THE Russia-Africa Summit held in St. Petersburg recently had one overarching message – a push by Vladimir Putin for a multipolar economic world, and the de-dollarisation of the world economy (which basically means promoting international trade in other currencies other than the dollar). A multipolar economic world refers to a system where there is more than one central power or the domination of more than one nation or region. In other words, the push is to end America’s hegemonic domination in the world. During a plenary session, Mr Putin was unequivocal in his quest to win Africa over to his side of the geopolitical divide, which has only widened with Russia’s invasion of Ukraine, on one hand, and the cold war between the US and China, on the other. And the Russian leader had a strong bait to woo African nation...