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AfricaRussia

Russia Africa Trade Reached US$24.5 Billion In 2024

Africa, Exports, Imports, Trade

Trade between Russia and the African continent increased to a record of US$24.5 billion, marking a new peak in economic relations between the two regions, as Russia has been making increasing inroads into Africa and European powers slowly withdraw. Despite economic obstacles and western sanctions, Russia and Africa are finding new ways to support their […]

Russia Africa Trade Reached US$24.5 Billion In 2024 Read More »

Namibia

Namibia Considering Russian Nuclear Energy Cooperation  

Africa, Energy, Investment, Trade

The ‘Russia-Africa: Nuclear Education – Potential for Successful Regional Development’ forum has been taking place at the Peoples’ Friendship University (RUDN) in Moscow, with Frednard Gideon, Vice Chancellor of the University of Namibia (UNAM) stating that “Namibia is the world’s fourth-largest producer of uranium. We started mining it in 1976. Uranium is produced, but it

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African

Africa – Russia Tourism Volumes Rising In A New Growth Trend   

Africa, Russian Market, Trade

African Tourists visiting Russia have become a growth trend, and have risen by nearly 60% over the past two years, according to Yulia Maksutova, the deputy director general of the Center for Strategic Research (CSR) in Moscow. Maksutova highlighted a rising demand for travel, powered by expanding business and educational exchanges. She said that flight

Africa – Russia Tourism Volumes Rising In A New Growth Trend    Read More »

Russia Ecuador Flag

Russia-Ecuador 2025 Trade & Investment Analysis: Update 

Agriculture, Exports, Imports, Latin America, Trade

AvtoVAZ representatives will visit Ecuador in March this year and discuss the resumption of sales of Russian cars to the country, according to the Ecuadorian Ambassador Juan Fernando Holguin Flores. Despite sanctions, and the subsequent difficulties with payments and logistics, Russia remains an important trading partner of Ecuador, with Russia one of the main buyers

Russia-Ecuador 2025 Trade & Investment Analysis: Update  Read More »

Lorries

Russia’s Bugristoe Border Checkpoint With Kazakhstan To Double Capacity  

Commonwealth of Independent States, Eurasian Economic Union, Infrastructure, Logistics & Transport, Trade

The Bugristoe checkpoint on the border of Russia and Kazakhstan has begun a significant upgrading which will double the capacity of the border crossing, when completed at the end of 2026, according to the Russian Federal State Budgetary Institution Rosgranstroy. The works include the construction of 29 buildings and structures, the organisation of 32 lanes

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Russia BRI

Russian Belt & Road Support For Maritime Shipping To Africa & Latin America     

Africa, Exports, Finance, Infrastructure, Investment, Latin America, Russia's Belt & Road, Trade

The Russian Ministry of Industry and Trade, together with the Russian Export Centre (REC), is launching a program of state support for exports to Latin America and Africa. According to the program, Russian logistics companies engaged in maritime transportation will be able to receive subsidies from the federal budget and set preferential tariffs for their

Russian Belt & Road Support For Maritime Shipping To Africa & Latin America      Read More »

Dagestan Port

Dagestan’s Makhachkala Port Targeting Exports To The Middle East & Asia    

Asia, India, Infrastructure, Logistics & Transport, Middle East, Trade

Dagestan’s Makhachkala Commercial Sea Port (MCSP) is negotiating the export of fertilizers and timber products to Asia and the Middle East, according to Sergei Melikov, the Head of the Dagestan Republic. He was speaking during a conference on the development of transport in Dagestan. The Republic is part of the Russian Federation and has a

Dagestan’s Makhachkala Port Targeting Exports To The Middle East & Asia     Read More »

Brazil BRICS

Brazilian President Encouraging New Intra-BRICS Payment Platforms    

BRICS, Economy, Finance, Trade

Brazilian President Luiz Inacio Lula da Silva has said that the BRICS nations remain committed to developing new “transparent and secure” payment platforms to boost their economic integration and reduce “vulnerabilities” in the global market. He was speaking at a meeting of the BRICS Ambassadors (also known as “Sherpas”) on Thursday, (February 27) as the

Brazilian President Encouraging New Intra-BRICS Payment Platforms     Read More »

Iraq

Russia, Iran, Iraq To Extend INSTC Rail Network To Baghdad 

Exports, Imports, Infrastructure, Logistics & Transport, Middle East, Trade

Russia, Iran and Iraq will form a working group for the joint development of the International North-South Transport Corridor (INSTC), Russian Energy Minister Sergei Tsivilev stated after a meeting of the Russia-Iraq Intergovernmental Commission for Trade, Economic, Scientific and Technical Cooperation. Tsivilev, the Commission Co-Chair, said that “There was a proposal from the Iraqi prime

Russia, Iran, Iraq To Extend INSTC Rail Network To Baghdad  Read More »

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