Trofimova Olga , Shchedrin Alexander
Economic priorities of Russia and Sub-Sharan Africa relations
Publication Type:


ISSN 1728-2756

DOI 10.17994/IT.2015.13.4.43.9

The article examines economic relations and the renewal of cooperation between Russia and Sub-Saharan Africa. The previous partnerships were abandoned in the early 1990s after the disintegration of the USSR. The authors analyze the record of the Soviet economic presence in the region and highlight Russia’s modern advantages and disadvantages in the markets of Sub-Saharan countries. High emphasis is placed on the main factors of commercial and investment attractiveness of Sub-Saharan Africa for Russia. Development of energy cooperation against the depletion of hydrocarbon reserves in Russia is an issue of high relevance for Russian business. Similarly, the expansion of deliveries of agricultural products from Tropical Africa to Russia could become a useful instrument for diversification of Russian food imports in the context of the current economic sanctions. However, the current levels of trade between Russia and regional economies remain marginal, even despite recent trade preferences adopted by Moscow. Furthermore, the authors describe such relatively new phenomenon in Russian-African economic relations as the penetration of Russian banks and IT companies in Sub-Saharan region. The article contains assessments of investment attractiveness of the regional countries, as well as achievements of traditional and new competitors of Russian business in the region. It also examines the main trends in flows of FDI to Sub-Saharan Africa including from Russia. The authors describe the most important investment projects with participation of Russian companies and determine countries that are the key partners for Russia in Sub-Saharan Africa. In the last part of the article, the authors study the current state and prospects of cooperation in military supplies between Russia and Sub-Saharan Africa. 

Keywords: economic interests of Russia in Sub-Saharan Africa | natural resources | trade | investment | energy cooperation | factors of investment attractiveness | military-technical cooperation | competition | food imports | infrastructural projects |

Russian Science Citation Index



OTHER PUBLICATIONS ON THIS TOPIC

Volkov Aleksei
Economic relations between Russia and Sweden

Volodina M.
Russia’s economic interests on Northern Africa

Andreeva Tatiyana
Военно-техническое сотрудничество Великобритания–ЕС [Текст] / Т.Н. Андреева // Свободная мысль. – 2018. – № 5. – С. 87-100

Andreeva Tatiyana
During Brexit talks. The UK-EU defence industrial cooperation

Военно-техническое сотрудничество России с иностранными государствами: основы, проблемы и перспективы. Под ред. Н.И. Калининой. М., ИМЭМО РАН, 2010, 283 с.

Yevtodyeva Marianna
New Stage of Military-Technical Cooperation between Russia and China

Yevtodyeva Marianna
New Stage of Military-Technical Cooperation between Russia and China

Kondrat’ev Vladimir
Природные ресурсы роста / В.Б. Кондратьев // Прямые инвестиции. – 2012. – № 10. – С. 12–17.

Kalinina Natalia
Militarization of the Middle East: Dynamics and Risks.

Gilkova Olga
Analysis of the military-technical cooperation between Russia and India in the field of military aviation

Avilova Agnessa
Italian Technologies in Russia

Kvashnin Yuri
Russian-Greek trade and economic relations: mutual interests and political imperatives

Yevtodyeva Marianna
Military-Technical Cooperation of South-East Asian States with the United States and EU Countries (2011–2020)

Kalinina Natalia, Kozyulin V.B.
Russia Defense Industry: Feet of Clay

Avatkov Vladimir
Военно-политическое сотрудничество Турции и Азербайджана // Экспорт вооружений. 2020. № 5. С. 31-37.

Zagashvili Vladislav
Role of the WTO for Russia’s exports and imports of direct foreign investment.

Zagorskii Andrei
Безопасность в Арктике: не конкуренция, а сотрудничество [Текст] / А.В. Загорский // Арктические ведомости. – 2014. – № 1 (9). – C. 80—85.

Kondrat’ev Vladimir
Глобальный ресурсный ландшафт [Текст] / В.Б. Кондратьев // Горная промышленность. – 2015. – № 2(120). – С. 1 – 6.

Obolenskiy Vladimir
Food embargo eff ects

Volkov Aleksei
Economic relations of Russia with Finland at the present stage
Related publications


Comments (0)

No comments

Add comment







First news
Institute News
18/04/2024

On April 18-19, 2024, the Primakov National Research Institute of World Economy and International Relations, Russian Academy of Sciences (IMEMO), Moscow, will host the international young scholars conference «Ideologies at crossroads: old concepts and new paradigms».

more...

17/04/2024

We offer you an interactive monitor "US Elections 2024", which allows you to track how the ratings of candidates, voter sentiment and the main factors affecting the final choice of Americans are changing.

more...

Recently Published