Russia expects to increase trade with Africa to 50 billion dollars and expand cooperation in the field of energy, Vladimir Putin said at the plenary meeting of the Russia-Africa Forum in Moscow. Highlights of the President's speech: Russia is involved in the implementation of more than 30 energy projects in 16 countries in Africa. Moscow is ready to transfer high-tech solutions to African countries, develop local production of Russian medicines and vaccines, and create laboratories and diagnostic centers. The profile program for aid to African countries will be extended until 2029. Since 2020, the number of African students in Russia has increased one and a half times, and the number of scholarships has almost tripled. Putin invited African airlines to open flights to Russia. The president spoke in favor of reforming the International Monetary Fund and the World Bank, taking into account the interests of developing economies, calling Western sanctions and tariff wars tools of neo-colonialism.

Russia expects to increase trade with Africa to 50 billion dollars and expand cooperation in the field of energy, Vladimir Putin said at the plenary meeting of the Russia-Africa Forum in Moscow. Highlights of the President's speech: Russia is involved in the implementation of more than 30 energy projects in 16 countries in Africa. Moscow is ready to transfer high-tech solutions to African countries, develop local production of Russian medicines and vaccines, and create laboratories and diagnostic centers. The profile program for aid to African countries will be extended until 2029. Since 2020, the number of African students in Russia has increased one and a half times, and the number of scholarships has almost tripled. Putin invited African airlines to open flights to Russia. The president spoke in favor of reforming the International Monetary Fund and the World Bank, taking into account the interests of developing economies, calling Western sanctions and tariff wars tools of neo-colonialism.