Russia eyes new trade and investment deals in Africa ahead of key summit

Sergey Lavrov

Russian Foreign Minister Sergey Lavrov.

Photo credit: File

Russia has announced that it will present a new proposal to enhance trade and investment in Africa, indicating a shift in its approach or a learning from past experiences in engaging with the continent.

Moscow is set to host the third Russia-Africa Summit from October 28-29, where dozens of African heads of state and government are expected to discuss the future of relations.