Russia-Africa trade reached US$35 billion in 2025 with Russian exports including grain, dairy, and poultry exports, while African agricultural imports (coffee, fruit) to Russia also surged. Key areas include agricultural goods, military contracts, and nuclear energy, with Russia actively reducing trade barriers and diversifying into the processed foods and high-tech sectors. We cover Russia-Africa trade, investment, and market entry opportunities and provide your guide to navigating the commercial landscape and forging strategic partnerships for growth in Africa’s emerging markets.
Russia’s Deputy Energy Minister Sergei Mochalnikov and Yemen’s Oil and Minerals Minister Saeed al-Shamasi, co-chairmen of the Russian-Yemeni intergovernmental commission, have been discussed the trade and economic cooperation between the two countries on fuel and energy on the sidelines of the Russian Energy Week. The two sides discussed interaction in industry, agriculture, and modernization of […]
The Russian President, Vladimir Putin, has been holding discussions with the President of Equatorial Guinea, Teodoro Obiang Nguema Mbasogo, in Moscow. Equatorial Guineas currently holds the Presidency of the Economic Community of Central African States (ECCAS). The Kremlin said the agenda for the talks “includes prospects for the further development of Russian-Equatoguinean relations in various areas […]
Russia is set to gain access to a key strategic naval port in the West African Atlantic Ocean through a bilateral cooperation agreement with the island nation of Sao Tome and Principe, located off mainland Nigeria, Cameroon and Gabon. A bill on the issue has been approved by a Russian government commission on legislative activity. […]
Burkina Faso, Mali and Niger have agreed with Russia to acquire telecoms and surveillance satellites, in what is becoming a significant development in West Africa. According to Mali’s Finance Minister Aluseni Sanou, the telecoms vehicle is expected to provide television and radio broadcasting throughout the countries of the Sahel Alliance of States (ASG), internet and […]
The Prime Minister of Burkina Faso, Apollinaire Joachim Kyelem de Tambela has expressed an interest in joining BRICS. In a meeting with Russian Ambassador Igor Martynov in Ouagadougou on Monday (September 24), he said that “Membership of the BRICS group would make it possible to challenge the domination of the dollar and the euro, and […]
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The Moscow Stock Exchange (MOEX) has begun trading in cocoa futures contracts, with trading and settlements conducted in Russian Rubles. The cocoa trade desk began operating yesterday (September 24) and reflects an international demand for the product, reflecting the dynamics of the price of cocoa beans supplied from countries in Africa, Asia, and Central and […]
A Russian consortium has signed a Memorandum of Understanding (MoU) with the Nigerian government to restart operations at Nigeria’s Ajaokuta Steel Plant. The plant, together with Nigeria’s National Iron Ore Mining Company (NIOMCO), have been dormant for 42 years. The agreement was formalized during a recent visit to Moscow by Prince Shuaibu Abubakar Audu, Nigeria’s […]
Russia has tentatively agreed to the construction of a fuel pipeline in the Republic of Congo, according to a Russian government decree published on Monday (September 16). The pipeline will link the western port of Pointe-Noire to the capital Brazzaville, and will also pass through the town of Loutete, about 155 kilometers (96 miles) west […]
The Russian Foreign Minister, Sergey Lavrov, and Trade and Industry Minister Anton Alikhanov met with Egypt’s Egyptian Foreign Minister Badr Abdelatty in Moscow on Monday. The meetings were to discuss the situation in Palestine, as well as trade updates and other bilateral relations. Egypt is also a member of BRICS, with the 2024 annual heads […]
October 25 Update: Algeria has now been granted ‘BRICS Partner’ status. See more here. Algeria has been granted membership in the BRICS New Development Bank (NDB), the bank president, Dilma Rousseff, and Algeria’s Finance Ministry have announced. The decision was made on Saturday (August 31) at the ninth annual meeting of the Board of Governors […]
Zimbabwe’s minister of primary and secondary education, Torerayi Moyo, has stated his thanks to Russia for assistance in training specialists in the Zimbabwean nuclear power and space industries. Moyo stated that Zimbabwe aims to build a nuclear power plant and develop its nuclear energy sector as part of the country’s broader industrialization goals. He said […]
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