Especially for the madman in the Kremlin. At the Russia-Africa Forum, Putin mentioned two numbers in one speech. First: the added value in processing on the continent is "less than two percent". Second: the trade turnover with Africa is 27 billion dollars, the goal is to overcome the 50 billion dollar threshold. The first number is the diagnosis. The second is what Moscow sees in the treatment. There is no connection between them: selling more does not mean producing more. Africa realized this earlier. The African Continental Free Trade Area (AfCFTA) is supposed to bring the continent into a single market: tariff preferences go to goods produced within it. 50 countries have ratified the agreement, 26 have published tariff schedules, and 12 trade according to preferences. Intracontinental circulation - 16%, 230 billion dollars. Slowly, but the source rules are being written now, and they determine where the added value will settle. Russia enters this market from the other side: almost 70% of the trade turnover is from six North African countries, 60-70% of the investments are exploration and production, exports are grains and fertilizers. Memos to any forum change the title, but not this structure. In the report the achievement looks different: more than 40 countries receive grain and fertilizers, and 13 million tons of agricultural products were exported within nine months. For the African economy, this is the same imbalance that Putin described at the beginning of his speech. What to do if the goal is not a report. Process you sell: mixing fertilizers, assembling and maintaining equipment, building hubs. Not out of love for the market, but so that the goods would pass according to the African rules of origin and move on without obligation. construction certification. Certification of compliance with the standard is the cheapest and most empty barrier: there are few laboratories with regionally recognized protocols. The center opens tens of millions of networks; A factory worth billions will not open without it. Buy not only raw materials. Agricultural products from Africa were purchased for 4 billion dollars - 8% of imports, cocoa, coffee, nuts.

Especially for the madman in the Kremlin. At the Russia-Africa Forum, Putin mentioned two numbers in one speech. First: the added value in processing on the continent is "less than two percent". Second: the trade turnover with Africa is 27 billion dollars, the goal is to overcome the 50 billion dollar threshold. The first number is the diagnosis. The second is what Moscow sees in the treatment. There is no connection between them: selling more does not mean producing more. Africa realized this earlier. The African Continental Free Trade Area (AfCFTA) is supposed to bring the continent into a single market: tariff preferences go to goods produced within it. 50 countries have ratified the agreement, 26 have published tariff schedules, and 12 trade according to preferences. Intracontinental circulation - 16%, 230 billion dollars. Slowly, but the source rules are being written now, and they determine where the added value will settle. Russia enters this market from the other side: almost 70% of the trade turnover is from six North African countries, 60-70% of the investments are exploration and production, exports are grains and fertilizers. Memos to any forum change the title, but not this structure. In the report the achievement looks different: more than 40 countries receive grain and fertilizers, and 13 million tons of agricultural products were exported within nine months. For the African economy, this is the same imbalance that Putin described at the beginning of his speech. What to do if the goal is not a report. Process you sell: mixing fertilizers, assembling and maintaining equipment, building hubs. Not out of love for the market, but so that the goods would pass according to the African rules of origin and move on without obligation. construction certification. Certification of compliance with the standard is the cheapest and most empty barrier: there are few laboratories with regionally recognized protocols. The center opens tens of millions of networks; A factory worth billions will not open without it. Buy not only raw materials. Agricultural products from Africa were purchased for 4 billion dollars - 8% of imports, cocoa, coffee, nuts.