Promoting Russian Economic Interests in Southern Africa

63
DOI: 10.20542/0131-2227-2021-65-11-79-87
Institute of Scientific Information for Social Sciences (INION) of the RAS, 51/21, Nakhimovskii Prosp., Moscow, 117418, Russian Federation.

Received 09.05.2021.

Acknowledgements. The article was prepared at IMEMO under the support of the Russian Science Foundation (project no. 17-78-20216).


Abstract. In this study Southern Africa refers to 10 countries: South Africa, Namibia, Botswana, Eswatini, Lesotho, Zimbabwe, Zambia, Malawi, Angola and Mozambique. The author states that this region can take an important place in the general policy of the economic turn of the Russian Federation to the Global South. The Soviet Union developed close ties with some countries, supporting them in their struggle for independence, but after the collapse of the USSR, our country “left the region”. Analysis of main features of modern Russian foreign trade in goods and services, as well as foreign direct investment, has shown that only South Africa and Angola are characterized by a diversified structure of bilateral economic relations, and quite favorable in terms of Russian exports of goods. However, even in South Africa and Angola, the dynamics of trade with Russia is unstable, Russian investment was made by a limited number of leading TNCs (mainly in raw materials). Imports from Angola are associated only with diamonds, which does not distinguish this country from Mozambique, Zimbabwe and Malawi, which mainly specialize in the supply of tobacco raw materials to Russia. Russian high-tech exports are primarily related to arms supplies, while a significant proportion of other high value-added goods are usually associated with small volumes of supplies (as in the case of Russia’s pharmaceutical exports to Angola). So far, Russian grain and mineral fertilizers are most in demand in Southern Africa. At the same time, almost all countries in the region have the potential to deepen cooperation with Russia. Russian companies that come to the region as investors will be able to significantly increase trade turnover and diversify its structure. The most significant investments have been made by Russian oil and gas TNCs and diamond mining giant ALROSA. However, Russian investors from other industries, as well as service companies, are also showing interest in Southern Africa.

Keywords: Southern Africa, Russia, South Africa, Angola, foreign trade, commodity structure of trade, foreign direct investment, TNCs


REFERENCES

1. World Economic Outlook. Managing Divergent Recoveries. Washington, IMF, April 2021. 192 p.

2. World Investment Report 2020: International Production beyond the Pandemic. Key Messages and Overview. Geneva, United Nations, 2020. 65 p.

3. Abramova I.O. Africa in the Modern Model of the World Order: a Powerful Player or an Outsider? Outlines of Global Transformations: Politics, Economics, Law, 2018, vol. 11, no. 5, pp. 6-21. (In Russ.) DOI: https://doi.org/10.23932/2542-0240-2018-11-5-6-21

4. Economic Development in Africa Report 2019. Geneva, UNCTAD, 2019. 217 p.

5. Sanny J.A.-N., Logan C., Gyimah-Boadi E. In Search of Opportunity: Young and Educated Africans Most Likely to Consider Moving Abroad. Afrobarometer, March 26, 2019, no. 288. 32 p.

6. African Development Bank Group. Annual Report 2019. Abidjan, ADBG, 2020. 100 p.

7. Marks Sh.E. Southern Africa. Encyclopedia Britannica. Available at: https://www.britannica.com/place/Southern-Africa (accessed 30.03.2021).

8. African Union Handbook 2020. Addis Ababa, African Union Commission, 2020. 262 p.

9. Abramova I.O. Lavrov’s African tour: new challenges and perspectives for Russian cooperation with Africa. Asia and Africa Today, 2018, no. 5 (730), pp. 2-10. (In Russ.) DOI: https://doi.org/10.7868/S032150751805001X

10. Machavariani G. World in 2019. World development tables. Moscow, IMEMO, 2019. 39 p. (In Russ.) Available at: https://www.imemo.ru/files/File/magazines/Osn_pokaz_ME/2020/FullText2020.pdf (accessed 29.03.2021).

11. Abramova I., Fituni L. The potential of the African continent in the development strategy of the Russian economy. Mirovaya ekonomika i mezhdunarodnye otnosheniya, 2017, vol. 61, no. 9, pp. 24-35. (In Russ.) DOI: https://doi.org/10.20542/0131-2227-2017-61-9-24-35

12. Abramova I.O., Fituni L.L. Russia’s New Strategy on Africa. Herald of the Russian Academy of Sciences, 2020, vol. 90, no. 6, pp. 688-696. DOI: https://doi.org/10.1134/S1019331620060027

13. Korendyasov E.N. The new start for Russian-African relations. Vestnik RUDN. International Relations, 2016, vol. 16, no. 2, pp. 203-214. (In Russ.) Available at: https://cyberleninka.ru/article/n/rossiysko-afrikanskie-otnosheniya-na-novom-starte/viewer (accessed 29.03.2021).

14. Salahetdinov E.R., Sidorov V.A. Russian projects and energy cooperation in South Africa. Studies on Russian Economic Development, 2018, no. 3 (168), pp. 142-151. (In Russ.) Available at: https://ecfor.ru/wp-content/uploads/2018/08/rossijskie-proekty-i-energeticheskoe-sotrudnichestvo-v-yuzhnoj-afrike.pdf (accessed 29.03.2021).

15. Salahetdinov E.R., Sidorov V.A. South Africa: Russian digital springboard. Asia and Africa Today, 2017, no. 4 (717), pp. 31-37. (In Russ.) Available at: http://archive.asaf-today.ru/images/AA_nomers/2017/201704/Salakhetdinov_Sidorov-4-2017.pdf (accessed 29.03.2021).

16. Sapuntsov A.L. Cooperation between multinational enterprises from the developing world and Russia in Africa. Economic Sciences, 2017, no. 155, pp. 65-70. (In Russ.) Available at: https://ecsn.ru/app/webroot/files/pdf/201710/201710_65.pdf (accessed 29.03.2021).

17. Deutch T.L., Usov V.A. Emerging powers in Africa: Mozambique case. Asia and Africa Today, 2014, no. 2 (679), pp. 30-36. (In Russ.) Available at: https://asaf-today.ru/s0321-50750000617-4-1-ru-167/ (accessed 29.03.2021).

18. Korendyasov E.N. Military-technical cooperation of Russia with Africa. Asia and Africa Today, 2015, no. 9 (698), pp. 9-18. (In Russ.) Available at: https://asaf-today.ru/s0321-50750000616-3-1-ru-122/ (accessed 29.03.2021).

19. Korendyasov E.N. Military-technical cooperation of Russia with Africa. Asia and Africa Today, 2015, no. 10 (699), pp. 8-16. (In Russ.) Available at: http://archive.asaf-today.ru/images/AA_nomers/2015/201510/Korendjasov.pdf (accessed 29.03.2021).

20. Podoba Z.S., Smirnova M.M. Russia’s export specialization in African countries. Outlines of Global Transformations: Politics, Economics, Law, 2019, vol. 12, no. 3, pp. 109-128. (In Russ.) DOI: https://doi.org/10.23932/2542-0240-2019-12-3-109-128

21. Dikarev A.D. China–Angola–Russia: non-existing triangle. International Analytics, 2019, no. 3 (29), pp. 48-61. (In Russ.) DOI: https://doi.org/10.46272/2587-8476-2019-0-3-48-61


Registered in System SCIENCE INDEX

For citation:
Kuznetsov A. Promoting Russian Economic Interests in Southern Africa. World Eonomy and International Relations, 2021, vol. 65, no. 11, pp. 79-87. https://doi.org/10.20542/0131-2227-2021-65-11-79-87



Comments (0)

No comments

Add comment







Indexed

 

 

 

 

Dear authors! Please note that in the VAK List of peer-reviewed scientific journals, in which the main scientific results of dissertations for the degree of candidate and doctor of sciences should be published for the “MEMO Journal” the following specialties are recorded:
economic sciences:
5.2.5. World Economy.
5.2.1. Economic Theory
5.2.3. Regional and Branch Economics
political sciences:
5.5.4. International Relations
5.5.1. History and Theory of Politics
5.5.2. Political Institutions, Processes, Technologies

 

Current Issue
2024, vol. 68, No. 7
Topical Themes of the Issue:
  • The Supporting Structure of Global Security
  • Institutional Features of the Fourth Energy Transition
  • The Evolution of Modern German Christian Democracy
  • The Monarchies of the Persian Gulf and Central Asia
Submit an Article
INVITATION FOR PUBLICATION
The Editorial Board invites authors to write analytical articles on the following topics:
  • changes in the processes of globalization in modern conditions
  • formation of the new world order
  • shifts in civilization at the stage of transition to a digital society

The editors are also interested in publishing synthesis articles / scientific reviews revealing the main trends in the development of certain regions of the world - Latin America, Africa, South Asia, etc.