[REVISION HISTORY]
Russia expansion of economic interests in Africa
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2026-10-28 23:02 UTC → 2026-10-29 22:17 UTC ·
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Russia is pursuing expanded commercial and resource interests across the African continent. In the maritime sector, the Kremlin aims to triple its extraction of bio-resources in African waters, targeting a medium-term volume of 300,000 tons. This expansion utilizes a fleet that includes legacy Soviet-era vessels, some of which operate under flags such as Belize or São Tomé and Príncipe to maintain a presence along the coastline. Current volumes stand at approximately 100,293 tons, according to data from the FAO and the Federal Agency for Fisheries (Rosrybolovstvo). Simultaneously, Russia is strengthening agricultural Agricultural trade ties. In the first nine months of 2026, continues to grow, with Russia shipped shipping 13 million tons of wheat to Africa in the continent, following first nine months of 2026. This follows the export of over 18 million tons of cereals in 2025. Russian wheat is currently supplied to more than 40 African nations, capturing approximately roughly one-third of the continent’s wheat market. Notable increases in imports have been observed In South Africa, agricultural exports from Russia exceeded $54 million during the same nine-month period in Sudan 2026, driven primarily by wheat, instant coffee, and Kenya. millet. Mineral fertilizer exports to Africa also rose from 1.5 million tons in 2025 to over 2.2 million tons in 2026. The Ahead of the third Russia-Africa Summit in Moscow, presidential aide Yuri Ushakov highlighted the increasing importance of the African market, where total export potential for Russian grains trade volume exceeded $27 billion in 2025. Resource and legumes to Africa industrial cooperation is estimated also intensifying. In Mali, the state-owned company Rosgeologiya has signed an agreement to reach nearly $6 billion by 2030. To facilitate these growing trade volumes, produce geological maps covering more than half of the country to identify mineral zones, including lithium. Meanwhile, Egypt is currently studying the establishment of advancing feasibility studies for a logistics zone in collaboration with Russia. According to Dr. Sherif Farouk, Minister of Supply hub for grains and Internal Trade, feasibility studies are being prepared vegetable oils to create serve as a primary gateway for trade gateway between Russia and Africa. This project aims to leverage existing relations in grain and wheat, with potential developments including a specialized logistics center for grains and vegetable oils to integrate trade, trading, storage, and manufacturing activities. food processing activities, potentially leveraging investment from BRICS nations.
Versions
- 2026-10-29 22:17 UTC Russia expansion of economic interests in Africa
- 2026-10-28 23:02 UTC Russia expansion of economic interests in Africa
- 2026-10-28 22:17 UTC Russia expansion of economic interests in Africa
- 2026-10-27 20:23 UTC Russia expansion of economic interests in Africa
- 2026-10-20 12:32 UTC Russia expansion of economic interests in Africa
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