Russia Aims to Double Trade With Africa Amid Global Power Shift
Russia Aims to Double Trade With Africa Amid Global Power Shift
By the end of this decade, Russia aims to double its trade with Africa. The initiative seeks to strengthen cooperation in energy, agriculture and food processing, technology, and infrastructure.
There's a huge value of market and availability in terms of opportunities for different sectors to accelerate growth within the continent [...] As we know, agriculture is definitely at the heart of it, but energy and hydrocarbons have always been an area that Russia has cooperated with the continent in.
#AfricanCurrents sat with Chloé Maluleke, Associate and Russia & Middle Eastern Specialist at BRICS+ Consulting Group in Cape Town, South Africa, to explore the motivations behind this move, identify the sectors poised to benefit most, and examine the role of agriculture and food in shaping Russia-Africa trade relations. Dive in for more on this episode!
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