Browsing: Russian investments in Africa

In late October, the Russian city by the Black Sea, Sochi will host the Russia-Africa Summit, co-chaired by President of the Russian Federation Vladimir Putin and President of the Arab Republic of Egypt Abdel Fattah el-Sisi, who also heads the African Union.

This is the first time such an event is being organized with growing interest from Moscow of trade, politics, and development of Africa, amid murmurs from US and allies on the role both Russia and China are playing in Africa.

The announcement which was made by Russia said special attention will be paid to the current state and prospects of Russia’s relations with African countries and to the expansion of the political, economic, technical and cultural cooperation.

Equally, it is planned to discuss a wide range of issues on the international agenda, including joint response to new challenges and threats, and the strengthening of regional stability. “At the …