Colleagues from the "Kremlin without towers" summarized the reference data for the third Russia-Africa summit, and these data are not favorable. The continent's share of the trade turnover is 3.9%, just like a year before. Exports 22.7 billion dollars, minus 6.5%. Imports 4.4 billion dollars, plus 26.1%. All trade with 54 countries is $27.1 billion, which is slightly less than with Kazakhstan alone ($27.4 billion). The 2019 promise was different: to double trade from $20 billion to $40 billion within five years. The deadline expired in 2024, with $27 billion in the account. Less than promised, and with a fivefold imbalance: Russia sells five times more to Africa than it buys from it. The first reason is payment. For the third summit in a row, a "new payment system" (Chatham House) was on the agenda, and for the third time it was not created. The payment does not depend on SWIFT, but on compliance: for an African bank, the secondary sanctions are more expensive than the transfer fee, and it says "no" to the word "Russia". The national currency does not cure this - you still have to buy it, make it and spend it. Insurance. The international group's clubs cover the bulk of the world's tonnage; Russian vessels are not included in this database. The cargo passes Russian policy, and the port and the charterer investigate who is behind the policy. There is no recognized cover - the captain does not accept the cargo, and no memorandum changes that. shoulder. Pesco has a route to South Africa with delivery to the United Arab Emirates, and a new service in 2026 is open to Tanzania - service to the entire continent. Pesco does not have a direct line to most ports in Africa: transfer, extra days, extra money and extra risk in every shipment. situations. Mali, Burkina Faso and Niger have been outside ECOWAS since January 2025, there is a war in Sudan, security in the Sahel is provided by the Africa Corps instead of Wagner. The counterparty changes faster than the project pays off, and the franchise is for twenty years. Hence the method - take everything easy. The promised rotation of the places did not materialize: the third summit in a row in Russia.

Colleagues from the "Kremlin without towers" summarized the reference data for the third Russia-Africa summit, and these data are not favorable. The continent's share of the trade turnover is 3.9%, just like a year before. Exports 22.7 billion dollars, minus 6.5%. Imports 4.4 billion dollars, plus 26.1%. All trade with 54 countries is $27.1 billion, which is slightly less than with Kazakhstan alone ($27.4 billion). The 2019 promise was different: to double trade from $20 billion to $40 billion within five years. The deadline expired in 2024, with $27 billion in the account. Less than promised, and with a fivefold imbalance: Russia sells five times more to Africa than it buys from it. The first reason is payment. For the third summit in a row, a "new payment system" (Chatham House) was on the agenda, and for the third time it was not created. The payment does not depend on SWIFT, but on compliance: for an African bank, the secondary sanctions are more expensive than the transfer fee, and it says "no" to the word "Russia". The national currency does not cure this - you still have to buy it, make it and spend it. Insurance. The international group's clubs cover the bulk of the world's tonnage; Russian vessels are not included in this database. The cargo passes Russian policy, and the port and the charterer investigate who is behind the policy. There is no recognized cover - the captain does not accept the cargo, and no memorandum changes that. shoulder. Pesco has a route to South Africa with delivery to the United Arab Emirates, and a new service in 2026 is open to Tanzania - service to the entire continent. Pesco does not have a direct line to most ports in Africa: transfer, extra days, extra money and extra risk in every shipment. situations. Mali, Burkina Faso and Niger have been outside ECOWAS since January 2025, there is a war in Sudan, security in the Sahel is provided by the Africa Corps instead of Wagner. The counterparty changes faster than the project pays off, and the franchise is for twenty years. Hence the method - take everything easy. The promised rotation of the places did not materialize: the third summit in a row in Russia.