• Home
  • News
  • Politics
  • Business
  • Entertainment
  • Education
  • Health
  • Opinion
  • Sports
  • More…
    • About
    • Privacy Policy
    • Advertise
Friday, January 23, 2026
  • Login
No Result
View All Result
NEWSLETTER
Elanza News
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Education
  • Health
  • Opinion
  • Sports
  • More…
    • About
    • Privacy Policy
    • Advertise
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Education
  • Health
  • Opinion
  • Sports
  • More…
    • About
    • Privacy Policy
    • Advertise
No Result
View All Result
Elanza News
Home Opinion

Russia-Africa Summit: Unlocking Opportunities For Economic Growth And Collaboration

Elanza by Elanza
February 9, 2025
in Opinion
0
Russia-Africa Summit: Unlocking Opportunities For Economic Growth And Collaboration
0
SHARES
2
VIEWS
FacebookTwitterWhatsappEmailTelegram

By Lawal Sale

The second Russia-Africa Summit is set to take place in St. Petersburg, Russia’s vibrant second-largest city, on July 27-28, 2023. This highly anticipated event aims to further strengthen the bonds between Russia and African nations across various crucial sectors, including politics, economics, science and technology, security, infrastructure, education, and culture.

RelatedPosts

Dogara Steps Into the Spotlight as Nigeria Seeks Unity

Charles Ebuebu; Managing NBC in Renewed Hope Agenda

Emomotimi; Partnering with Police to Attaining Global Standards

Six African Nations To Send Peace Mission To Russia, Ukraine

With the majority of the 54 African leaders expressing their keen interest in attending this landmark summit, it is expected to be a pivotal gathering for fostering cooperation and mutual understanding. The Summit, themed “Russia-Africa Economic and Humanitarian Summit,” also seeks to establish a foundation for the creation of prosperous, secure, and harmonious regions in the face of evolving global realities.

The programme schedule, as shared by Anton Kobyakov, an advisor to Russian President Vladimir Putin, highlights the inclusion of over 30 panel sessions and thematic events addressing key cooperation issues between Russia and African countries. Furthermore, Kobyakov emphasized the growing significance of Africa in the emerging multipolar world order, stating that “Africa will obviously play an increasingly important role in the emerging architecture of the multipolar world.”

This significant summit follows the success of the inaugural Russia-Africa Summit held in Sochi in October 2019, under the theme of “peace, security, and development.” Co-chaired by President Putin and then-chairperson of the African Union (AU), Egyptian President Abdel Fattah al-Sisi, the event marked a historic moment as it constituted the first major gathering of African and Russian leaders since the dissolution of the Soviet Union in 1991.

ALSO READ:  Ethnic Youths Urge Tinubu To Probe Security Chiefs

These summits serve as integral components of Russia’s foreign policy objectives, providing an invaluable platform for face-to-face discussions and interactions between political leaders, business executives, experts, and the media. By fostering such engagements, the summits actively contribute to the development of joint ventures and collaborations between Russia and Africa.

Building upon the success of the 2019 Summit, which resulted in the signing of trade deals worth a staggering $12 billion and more than 50 contracts between the two sides, the main objective of the upcoming summit is to further elevate the mutually beneficial partnerships to new heights.

The historical ties between Russia and African countries trace back to the 1940s and 1950s when concerted efforts were made to decolonize African nations. The strong bond of friendship established during that era continues to endure, with the Soviet Union providing unwavering support to African nations in their struggle against colonialism, apartheid, racism, and their fight for national independence.

As delegates from Russia and Africa convene in St. Petersburg to deliberate on critical economic and humanitarian issues, it is vital to recognize the shift from unilateralism to multilateralism and the growing inclination of African nations towards aligning their policy orientation with Russia and China.

This summit presents a golden opportunity for Africa to devise a pragmatic and well-structured strategy that capitalizes on the expanding market potential and enhances trade relations with Russia. By addressing the longstanding trade imbalance that has persisted between the two regions, Africa can actively foster worthwhile business relationships and partnerships.

To achieve this, it is crucial for Africa to organize purposeful trade platforms and business missions that effectively showcase its economic potential to the Russian Federation. In essence, concerted efforts must be made to enhance Africa’s exports to Russia.

ALSO READ:  Wike and FCT’s Infrastructural Transformation

Simultaneously, Russia possesses vast technological expertise in areas such as nuclear energy, oil and gas, transport technology, machine building, and construction, which can significantly benefit Africa. Meanwhile, Africa, with its abundant natural and human resources, as well as its diverse agricultural products such as coffee, tea, fruits, flowers, cocoa, cashew nuts, and peanuts, holds a strategic position to boost trade with the Russian Federation and foster a more balanced trade relationship.

By capitalizing on these opportunities and fostering a spirit of collaboration, the Russia-Africa Summit aims to unlock immense potential for economic growth and development, benefiting both regions and fostering a more prosperous and interconnected world.

Sale is an Abuja-based Global Affairs Analyst. (lawalmaida1@yahoo.com)

Tags: CooperationEconomic developmentMultilateralismRussia-Africa SummitTrade relations
Previous Post

Empowering Future Music Stars: MUSON and MTNF Foster Nigerian Talent

Next Post

Celebrating “Agbada” With Kliensman: A Banging Tune That Redefines Afro Beat Music

Elanza

Elanza

Related Posts

Dogara Steps Into the Spotlight as Nigeria Seeks Unity

Dogara Steps Into the Spotlight as Nigeria Seeks Unity

by Elanza
January 22, 2026
0

Since independence in 1960, Nigeria’s politics has been shaped by the constant negotiation of balance between North and South, Muslim...

Charles Ebuebu; Managing NBC in Renewed Hope Agenda

Charles Ebuebu; Managing NBC in Renewed Hope Agenda

by Nathaniel Irobi
January 21, 2026
0

BY ABUBAKAR YUSUF The appointment of Dr Charles Ebuebu as Director General, Chief Executive Officer, (MD/CEO), National Broadcasting Commission, NBC...

Emomotimi; Partnering with Police to Attaining Global Standards

Emomotimi; Partnering with Police to Attaining Global Standards

by Nathaniel Irobi
January 19, 2026
0

BY ABUBAKAR YUSUF In the global sphere , partnering, collaboration and harmonisation of programs has been the bane of all...

Next Post

Celebrating "Agbada" With Kliensman: A Banging Tune That Redefines Afro Beat Music

Saliba Commits To Arsenal With New Long-Term Contract

Saliba Commits To Arsenal With New Long-Term Contract

Recommended

FG Urges Banks to Support Climate-smart Farming

FG Urges Banks to Support Climate-smart Farming

4 hours ago
EFCC Uncovers N162bn Illegal Crypto Flow Through Fintechs

EFCC Uncovers N162bn Illegal Crypto Flow Through Fintechs

4 hours ago

Popular News

  • Residents flee as flood ravages 10 communities in Kebbi – NEMA

    Residents flee as flood ravages 10 communities in Kebbi – NEMA

    0 shares
    Share 0 Tweet 0
  • Opinion: The Philanthropic Footprint of Engr. Haruna Gimba Ladan

    0 shares
    Share 0 Tweet 0
  • Gunmen Kill Brother Of Kaduna Governor’s Aide

    0 shares
    Share 0 Tweet 0
  • Senator Katung’s Leadership Style In Kaduna South

    0 shares
    Share 0 Tweet 0
  • Gunmen Strikes Lere Local Gov’t Of Kaduna, Four Feared Dead

    0 shares
    Share 0 Tweet 0

Connect with us

Facebook Instagram Twitter Youtube
Elanza logo

Elanza News is your NO 1 online platform for all news update.
#SayNoToFakeNews
Contact Us

Category

  • Arts & Literature (25)
  • Business (812)
  • Education (249)
  • Entertainment (338)
  • Health (233)
  • National (2,983)
  • News (9,532)
  • Opinion (388)
  • Politics (1,889)
  • Science (15)
  • Security (412)
  • Sports (593)

Newsletter

© 2023 Elanza News - The No 1 online news platform

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Politics
  • Business
  • Science
  • National
  • Entertainment
  • Sports
  • Health

© 2023 Elanza News - The No 1 online news platform