The A7 company offered African countries a payment infrastructure for trading with Russia, China, India and other trading partners. "We offer our African colleagues our payment mechanisms and infrastructure, and are ready to share our experience," PSB Bank Deputy Chairman Mikhail Durofeev said at the Russia-Africa Forum. The global turnover of A7 already exceeds 20 billion dollars per month. The share of payments in national currencies in the mutual trade between Russia and African countries, according to the data of the Ministry of Economic Development, reaches 93%. Durofiev emphasized: Political sovereignty does not guarantee economic independence. For sustainable trade, countries need their own international settlement mechanisms.

The A7 company offered African countries a payment infrastructure for trading with Russia, China, India and other trading partners. "We offer our African colleagues our payment mechanisms and infrastructure, and are ready to share our experience," PSB Bank Deputy Chairman Mikhail Durofeev said at the Russia-Africa Forum. The global turnover of A7 already exceeds 20 billion dollars per month. The share of payments in national currencies in the mutual trade between Russia and African countries, according to the data of the Ministry of Economic Development, reaches 93%. Durofiev emphasized: Political sovereignty does not guarantee economic independence. For sustainable trade, countries need their own international settlement mechanisms.