Russia-Africa summit: key results Putin confirmed that trade reached $27 billion, with 85% settled in national currencies. A joint action plan until 2029 was approved. Moscow has pledged to increase grain supplies and expand cooperation in nuclear energy, including small-scale plants. Education ties will deepen, with more African students studying in Russia on a budget basis. Putin stated that Africa is a partner, not an object of geopolitical rivalry. He warned that any blockade in the Baltic Sea would cause reactions similar to those in the Strait of Hormuz. Sberbank gives priority to the development of payment infrastructures. With President Nandi-Ndayitwa of Namibia, leaders discussed a range of economic ties in the mining, agriculture, fisheries and IT sectors.

Russia-Africa summit: key results Putin confirmed that trade reached $27 billion, with 85% settled in national currencies. A joint action plan until 2029 was approved. Moscow has pledged to increase grain supplies and expand cooperation in nuclear energy, including small-scale plants. Education ties will deepen, with more African students studying in Russia on a budget basis. Putin stated that Africa is a partner, not an object of geopolitical rivalry. He warned that any blockade in the Baltic Sea would cause reactions similar to those in the Strait of Hormuz. Sberbank gives priority to the development of payment infrastructures. With President Nandi-Ndayitwa of Namibia, leaders discussed a range of economic ties in the mining, agriculture, fisheries and IT sectors.