Africa News & Analysis

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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. 

Cocoa
Featured September 24, 2024

Moscow Stock Exchange Begins Trading In Cocoa Futures With African, Asian and Latin American Producers A Main Beneficiary

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 […]

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steel Company
Featured September 22, 2024

Russia Invests In Nigerian Steel Industry Revival  

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 […]

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September 18, 2024

Russia To Construct Fuel Pipeline In The Republic Of Congo

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 […]

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Russia Egypt
September 17, 2024

Russia – Egypt Bilateral Trade Triples To Over US$7 Billion

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 […]

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September 5, 2024

Algeria Joins BRICS New Development Bank

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 […]

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September 2, 2024

Russia Providing Nuclear Power Assistance To Zimbabwe

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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August 26, 2024

Moscow Hosting BRICS International Municipal Forum   

Moscow is hosting the BRICS International Municipal Forum (IMBRICS) from August 27/28, an event that is bringing together city mayors and related municipal officials from 126 countries, 89 Russian regions and 500 cities to discuss and share information on municipal and urban planning. The Government of Moscow is acting as the General Partner of the IMBRICS […]

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South Africa Wine
August 25, 2024

South Africa To Export More Wines To Russia

South Africa is working with partners to increase exports of wine and fruits to new markets in Russia, according to Pretoria’s embassy in Moscow. The move is part of the African nation’s efforts to expand its market reach beyond Moscow and St. Petersburg, which are its current traditional trade destinations, Cecile Theresa Heppes, an adviser […]

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St Petersburg
August 24, 2024

St. Petersburg Port To Focus On Latin American & East African Trade 

The Port of St. Petersburg is expanding export support measures and is looking to develop subsidised container shipments to Brazil, Venezuela, Tanzania and Cuba, according to Kirill Soloveitchik, the city chairman of the Committee on Industrial Policy, Innovation and Trade. It is planned that at the first stage, shipments will mainly be carried out in […]

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