On the sidelines of SPIEF, the Chairman of the African Energy Chamber called on the Russian oil and gas sector to pay attention to the development of deposits on the continent. According to him, major players can play a key role in supporting Africa’s energy sector. In May, Ghanaian President John Mahama urged an increase in oil production “as if there were no tomorrow”. African Initiative correspondent spoke on the margins of SPIEF 2025 with the CEO of the Ghana–Russia Centre for Commerce and Relations, John Aggrey, about the current areas of business co-operation.
— Good afternoon, Mr Aggrey. Could you tell us a little about the objectives of your centre?
We identified a gap between Ghana and Russia, where many businesses were not settling, or there was a lack of information — and also uncertainty about whom to trust. That was the basis on which the Russia–Ghana Centre for Commerce and Relations was established. We have been operating legally for two years and counting. Our primary focus is on international relations — connecting Ghanaian businesses with Russian businesses and creating a trusted environment where the two sides can sit at the table and negotiate.
We also engage in youth development projects. Currently, I am the National Chair for the World Youth Festival, which was held last year in Sochi. I am the head of the delegation. We brought almost 40 young people to Russia, and they toured some of the regions.
Russia has a lot to offer in terms of knowledge transfer, technology and innovations, as well as culture, language and local dress. So we are trying to see how best we can learn from the Russian side and also transport some of the knowledge and rich culture from Ghana — to see if we can create a blend that could also be present in Russia. So when I travel to Russia, it’s not about a vacation. It’s about looking for new business opportunities, youth exchange programmes, and seeing how best the two countries can benefit mutually from each other.
— You mentioned that your organisation has been operating officially for two years. Could you share some of the results you have achieved during this time?
In terms of results, I would say we are proud, because our projects have gained recognition. We’ve been able to work with many companies that have gained the right perspective — specialised market information — to inform their positioning. There are some Russian companies — I’d say about 80% — ready to do businesses in Ghana, to set up companies in Ghana and to partner with Ghanaian companies.
We’ve been successful in that sense with the World Youth Festival. Some students are now studying in Russia on full scholarships. Some were able to engage some Russian businesses and they are working for them from Ghana. We’ve been able to secure over 15 Memoranda of Understanding between some Ghanaian businesses and their Russian counterparts. Also, during the Global Digital Forum in Nizhny Novgorod, some Ghanaian businesses were able to secure co-operation agreements, which was very positive for us.
Within two years, we’ve achieved a lot. But we do not intend to stop. We aim to increase the business prospects between these two countries — Ghana and Russia.
— Can you mention the companies you are working with?
We have companies in the health sector — that is, electrical and healthcare. I think there is a business in Petersburg — we’re working with Netrika. We are also in discussions with Positive Technologies to see how best we could learn from them and initiate technology transfer between PT Technologies and Ghana.
There are others under NDAs — Non-Disclosure Agreements — so we cannot mention their names. And now, we also have the Ghana–Russia Friendship Club. There are many people who studied in Russia and returned to Ghana, but they’ve lost contact or connection.
We are looking to build a holistic database of everyone who is interested in Russia: those who have been to Russia, who have studied in Russia, who have married a Russian — we want to bring all of them under one umbrella. And see how best these individuals can benefit from one another.
It should not be that you come to Russia, and once you go back home, you forget about Russia — no. We want to have a sustainable plan, where there is still connection and ongoing relationship-building between the two countries. And that is what we want to achieve.
— And how are your projects progressing at this forum? Have you managed to establish any new partnerships?
We’ve been able to organise meetings with government representatives. I would say that this year in particular, SPIEF has been exceptional. In contrast with previous years — the participation of African countries used to be lower. But this year, the numbers have increased. And it all points to one thing: the Russian Federation has a lot to offer compared to other parties or countries. And this is the reason why I can say this year’s participation — both at governmental levels and on the international level — has increased.
For us, it has been beneficial, because the interest of the Russian Federation, its businesses and organisations in Africa, has grown. And we’ve had quite a number of interesting meetings with some Russian businesses, and I think the future holds a lot of promise.
— You mentioned technology transfer and knowledge transfer. In which sectors does Ghana especially need Russian expertise?
The truth is, in terms of technology and innovation, Russia is advanced. And one of the interesting things I’m very happy about is that — let me put it this way — Russia is not greedy. They are very open to sharing the knowledge they possess. This has led us to one project we are looking to do called the Intercity project. For instance, we want to take Moscow, the smart city hub, and see if we can create a mirror image in our own city.
So this is one way we are able to test developmental initiatives and infrastructure in Russia and then apply them back in Africa — specifically in Ghana. There’s a lot to learn from the Russian Federation, and we are very open to doing so.
— Speaking of Ghana’s economy, which sectors do you consider the most promising?
It’s simply one truth — our service sector and agricultural sector. These are currently the most promising sectors in Ghana. Ghana has arable land, so we are very open to learning new methods, especially in AI and other innovations, to increase proper yields and production. We are no longer interested in importing; we want to grow our own food and also learn from the Russian Federation how they have managed to stay ahead in agricultural matters.
— What is the current state of political relations between Ghana and Russia? The country is also closely linked to the West. We are witnessing many changes in coastal West Africa, including a new president in Ghana itself.
Well, this is very interesting. The new government has no hostility toward the Russian Federation. Interestingly, our new President — His Excellency John Dramani Mahama — schooled in Russia and one of his books he launched in Russia.
The bottom line is: the Republic of Ghana is open to any country that respects its sovereignty, and that respects its benefits and ideology. So we are open to business, we are open to diplomacy and relations.
Russia’s interests practically align with Ghana, because it is a win-win effect of mutual-benefit cooperation. Not like other third parties who only appear to take out resources without giving back.
— Ghana shares a border with countries that have formed the new Confederation of Sahel States. As a member of ECOWAS, what is Ghana’s current stance towards this confederation?
It is unfortunate that our African brothers and sisters have had to form their own alliance. Well, to them, ECOWAS has not been beneficial. This new Alliance of Sahel States is their way out. At the end of the day, they are our brothers and sisters from African countries. We cannot sideline them. We are still engaged in negotiations and diplomatic talks with them on how best to move forward — regardless of the new confederation. The ideology — the Pan-African spirit — must still be preserved. And if that is not broken, then we are still in business.
Our President of Ghana toured to speak with them: “Okay, well, you have formed a new alliance, but the question is — how best can we still collaborate on the shared values of the African spirit?” Because, at the end of the day, we are still focused on intra-African trade, the African Free Trade Area, which is critical. We are still aiming for the free movement of goods and people within Africa.
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