Africa is calling! Which Russian company will be the first to smooth the cream? At the Russia-Africa summit, which took place on October 28-29 in Moscow, they discussed an ambitious goal: to increase the turnover of trade with the continent to 50 billion dollars by 2030. Now it is about 26-27 billion dollars. Moreover, this time it was not reduced to declarations of cooperation. Companies discuss new markets, sign agreements to build factories and expand existing businesses. So which of the public Russian companies will make money from this? PhosAgro (PHOR) is the main supplier of fertilizers in the first half of the year the company accounted for 61% of Russian fertilizer exports to Africa. Within nine months, PhosAgro supplied there more than 1.3 million tons - one and a half times more than in the whole of 2025. By 2027 it plans to reach 2 million tons. Why is there so much potential here? Africa's population is growing, and agricultural productivity should increase. This requires fertilizers, which many countries still use in insufficient quantities. But there is an unpleasant nuance: for nine months, PhosAgro's profit fell by 67%, to 31.3 billion ₽. The increase in supply does not yet compensate for the increase in production costs, financial expenses and other costs. Roussel (RUAL) - Relying on African raw materials at the top, Roussel has agreed with Ghana to create two joint ventures: it is planned to mine up to 5 million tons of bauxite per year and to build an alumina refinery with a capacity of 1.2 million tons. The company already operates in Guinea, and is 89% self-sufficient in its own alumina. The new project will help reduce dependence on third-party suppliers of raw materials, which is especially important after the restructuring of production chains due to sanctions. True, just preparing the production in Ghana will take 3-4 years. In addition, Rosal has a net debt of 8.9 billion dollars, so the main question is how much more needs to be invested and how to finance construction. NOVATEK (NVTK) is looking for a replacement for Europe.

Africa is calling! Which Russian company will be the first to smooth the cream? At the Russia-Africa summit, which took place on October 28-29 in Moscow, they discussed an ambitious goal: to increase the turnover of trade with the continent to 50 billion dollars by 2030. Now it is about 26-27 billion dollars. Moreover, this time it was not reduced to declarations of cooperation. Companies discuss new markets, sign agreements to build factories and expand existing businesses. So which of the public Russian companies will make money from this? PhosAgro (PHOR) is the main supplier of fertilizers in the first half of the year the company accounted for 61% of Russian fertilizer exports to Africa. Within nine months, PhosAgro supplied there more than 1.3 million tons - one and a half times more than in the whole of 2025. By 2027 it plans to reach 2 million tons. Why is there so much potential here? Africa's population is growing, and agricultural productivity should increase. This requires fertilizers, which many countries still use in insufficient quantities. But there is an unpleasant nuance: for nine months, PhosAgro's profit fell by 67%, to 31.3 billion ₽. The increase in supply does not yet compensate for the increase in production costs, financial expenses and other costs. Roussel (RUAL) - Relying on African raw materials at the top, Roussel has agreed with Ghana to create two joint ventures: it is planned to mine up to 5 million tons of bauxite per year and to build an alumina refinery with a capacity of 1.2 million tons. The company already operates in Guinea, and is 89% self-sufficient in its own alumina. The new project will help reduce dependence on third-party suppliers of raw materials, which is especially important after the restructuring of production chains due to sanctions. True, just preparing the production in Ghana will take 3-4 years. In addition, Rosal has a net debt of 8.9 billion dollars, so the main question is how much more needs to be invested and how to finance construction. NOVATEK (NVTK) is looking for a replacement for Europe.