George Elombi, Deputy General Manager of African Export-Import Bank (Afreximbank), red blood cellIn July, St. He said the Russia-Africa summit and forum held in St. Petersburg will help increase trade between African countries and Russia to double to $40 billion by 2026.
“When we entered the Russian market in 2017, our goal was to increase trade to $40 billion. We are pleased to announce that trade between Russia and Africa has reached $19 billion. We hope the momentum from the conference will enable us to double that.” It will reach $40 billion by the end of 2026,” he said.
According to Elombi, the bank is currently focusing on cooperation in the oil and gas sector and metallurgy, and is seeking ways to cooperate with Russian companies under the current sanctions regime.
Before that, the Minister of Agriculture of the Russian Federation Dmitry Patrushev declarationRussia will start shipping grain to African countries in the near future.
former name Putin wrote an article about Africa.