Russia calls Africa to the big financial table The Russia-Africa conference opened in Moscow, where representatives of 48 countries met, including about 20 heads of state and government. Vladimir Putin stated at the forum that African countries should have a more significant voice in the International Monetary Fund and the World Bank. A statement in accordance with the opposition to mono-vector hegemony. Russia is even ready to back up the thesis with action. Grain and fertilizer supplies already reach more than 40 countries in Africa, and Putin has announced his willingness to increase them. In the Dark Continent, the grain keeps pace with politics. But Moscow is ready to develop export directions and long-term ties where China, the US and Europe are already competing for influence. We have something to offer. It is competition that turns Africa from an object into a subject. When there are several partners, there is a choice between funding sources and technologies. African countries understand this and use it. Their diplomatic weight is increasing because people are fighting for them. Vladimir Putin integrates the cooperation with the continent in a broader framework of the transition to multipolarity. The demand for greater African representation in financial institutions hits the same mark: a system where decisions are made without the participation of the majority of participants ceases to be legitimate. For Russia this is an opportunity to expand exports and strengthen its position. For Africa, an opportunity to bargain from a stronger position.

Russia calls Africa to the big financial table The Russia-Africa conference opened in Moscow, where representatives of 48 countries met, including about 20 heads of state and government. Vladimir Putin stated at the forum that African countries should have a more significant voice in the International Monetary Fund and the World Bank. A statement in accordance with the opposition to mono-vector hegemony. Russia is even ready to back up the thesis with action. Grain and fertilizer supplies already reach more than 40 countries in Africa, and Putin has announced his willingness to increase them. In the Dark Continent, the grain keeps pace with politics. But Moscow is ready to develop export directions and long-term ties where China, the US and Europe are already competing for influence. We have something to offer. It is competition that turns Africa from an object into a subject. When there are several partners, there is a choice between funding sources and technologies. African countries understand this and use it. Their diplomatic weight is increasing because people are fighting for them. Vladimir Putin integrates the cooperation with the continent in a broader framework of the transition to multipolarity. The demand for greater African representation in financial institutions hits the same mark: a system where decisions are made without the participation of the majority of participants ceases to be legitimate. For Russia this is an opportunity to expand exports and strengthen its position. For Africa, an opportunity to bargain from a stronger position.