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HomeNewsRussia-Africa Trade Hits Record $24.5 Billion Mark, Signals Stronger Ties

Russia-Africa Trade Hits Record $24.5 Billion Mark, Signals Stronger Ties

Katsina state government

In a historic leap, trade between Russia and African nations surged to an unprecedented $24.5 billion, marking a new high in economic collaboration.

This milestone underscores Russia’s growing economic footprint across the African continent, driven by shared interests in energy, agriculture, and technology sectors.

African leaders have hailed the increased trade as a significant boost to local economies, while Moscow reaffirms its commitment to fostering partnerships beyond traditional markets.

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Experts say this achievement could signal a shift in global trade dynamics, positioning Africa as a key player in Russia’s diversified trade strategy.

 

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