Russia plans to strengthen cooperation and open new chapters of partnership with Africa
- The U.S and Europe have imposed sanctions on Russia, disrupting fuel, fertilizer and wheat supply to Africa
- Over 300,000 tons of fertilizer meant for Africa has been confiscated in European ports
- Russia-Africa trade volume reached $20 billion in 2019, marking significant increase from previous years
- Russia is a major exporter of oil, gas and nuclear energy to African countries
- Russia has expertise in mining sectors like diamonds, gold and platinum
- Rosatom is constructing Egypt’s first nuclear power plant in a $30 billion project
- Russian Railways has signed agreements with African countries to modernize and expand railway networks