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Africa: Can Russia-Africa Summit Deliver Jobs, Trade and Investment?

The summit reported trade above $27 billion in 2025 and urged commercially viable projects that can boost productivity and create lasting jobs.

Summary by allAfrica
Moscow -- ON Wednesday and yesterday, Moscow hosted the Third Russia-Africa Summit and the Russia-Africa Economic and Humanitarian Forum, focusing on trade, investment, energy, agriculture, infrastructure, research and technology.

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Russia is able to double its trade with African countries and overcome the $50 billion mark, Russian President Vladimir Putin believes. Why is this continent of strong trade interest despite its low capacity to pay? And how does Russia achieve its objective? The trade between Russia and Africa in the near future can overcome the $50 billion mark, stated Russian President Vladimir Putin at the economic and humanitarian forum Russia-Africa. The go…

By Professor Abderrahmane Mebtoul, Professor of Universities, Doctor of State in Strategic Management, International Expert The third Russia-Africa Summit, held on 28 and 29 October 2026 in Moscow, brought together delegations from 48 African countries, including more than 20 heads of state, as well as representatives of the African Union. The participants adopted an action plan for the period 2027-2029, designed to strengthen their political, e…

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At the third Russia-Africa summit, Putin announces trade of more than $27 billion and aims to double it. The African Union calls for investment and concrete projects for the development of the continent. The article Africa-Russia, a summit in Moscow for economic trade: the African Union asks for concrete results comes from Focus On Africa.

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vz.ru broke the news on Thursday, October 29, 2026.
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