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Putin Claims Russian Firms Looking to Expand Manufacturing Across Africa

Russian ministers and state companies pitched car, drug and IT projects as Moscow seeks new markets after sanctions hit its energy trade.

Summary by The Moscow Times
President Vladimir Putin said Thursday that Russian companies are interested in opening up manufacturing plants across Africa as a way to get around Western sanctions. “Our companies are simply interested in moving certain production operations to African countries.

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Russian President Vladimir Putin said – at the Russia-Africa summit, which is taking place these days in Moscow – that his country, affected by Western sanctions, is interested in moving some factories to the African continent, reports Thursday EFE, taken over by Agerpres. "I will not say anything out of the ordinary, given that this ...

·Romania
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Russian President Vladimir Putin declared his readiness to move part of Russian enterprises to Africa amid Western sanctions against the economy of the aggressor state. For details, read ᐅ TSN.ua (news 1+1)

The Russian President announced today, during the Russia-Africa summit, that he is interested in transferring some of his factories to the African continent, to circumvent international sanctions, and ensured that business will be done "on an equal footing".

·Portugal
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  • 75% of the sources lean Left
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Life.ru broke the news on Thursday, October 29, 2026.
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