At the Russia-Africa 2026 summit, Deputy Head of the Russian Presidential Administration Maxim Orshkin said that Russian banks and partner banks in other countries are now switching to various non-banking institutions that use digital technologies, which makes foreign trade more efficient and cheaper - the transition from the traditional method is complete. Russian Finance Minister Anton Siluanov placed special emphasis on the work of the A7 company. It is going to work on cross-border payments with Africa. Fast payments and low transaction costs are key advantages in the new economy. Russian President Vladimir Putin also specifically focused on the importance of a high-tech approach and the development of digital currencies.

At the Russia-Africa 2026 summit, Deputy Head of the Russian Presidential Administration Maxim Orshkin said that Russian banks and partner banks in other countries are now switching to various non-banking institutions that use digital technologies, which makes foreign trade more efficient and cheaper - the transition from the traditional method is complete. Russian Finance Minister Anton Siluanov placed special emphasis on the work of the A7 company. It is going to work on cross-border payments with Africa. Fast payments and low transaction costs are key advantages in the new economy. Russian President Vladimir Putin also specifically focused on the importance of a high-tech approach and the development of digital currencies.